News on Fiat SpA

Court nixes Agnelli heiress search for hidden family fortune

2010-03-17T10:16:55Z

<div><p>An Italian court has quashed a bid by Fiat heiress Margherita Agnelli de Pahlen to uncover hidden tranches of the family fortune and ordered her to pay court costs, media reports said Wednesday.</p><p>"Judge Brunella Rosso of the Turin Tribunal has not only rejected the legal challenge by the daughter of Fiat brand to North America</div><div><p>Chrysler Group LLC said Wednesday that it has named a new executive to head the reintroduction of the Fiat brand to the North American market.</p><p>Laura Soave will oversee the F...

Fiat agrees $3.3 billion joint venture in Russia

2010-02-22T10:07:11Z

<div id="subtitle">Italy's Fiat, Russia's Sollers set up $3.3 billion venture to produce 500,000 cars a year</div><div><p>Italy's Fiat SpA and Russian automobile conmpany Sollers announced a euro2.4 billion ($3.3 billion) joint venture on Thursday to produce up to 500,000 vehicles per year in Russia in a bid to become the country's second-largest car...

Berlusconi casts doubt on cash-for-clunkers future

2010-02-22T12:24:48Z

<div id="subtitle">Italian premier suggests end for auto incentives program in stand-off with Fiat over jobs</div><div><p>Premier Silvio Berlusconi on Thursday cast doubt on the future of Italy's cash-for-c...

Fiat faces papal censure for plant closure

2010-02-22T12:16:51Z

<div id="subtitle">Fiat faces trinity of opposition to restructuring plans: government, unions and pope</div><div><p>These days, it seems beleaguered Italian automaking could use a little divine intervention. After car giant Fiat announced plans to shut auto production at its Sicilian plant, Pope Benedict XVI waded into worldly ...

ITALY FIAT

2010-02-03T09:31:52Z

A view of the Fiat, Lancia and Alfa Romeo logos, is seen on the exterior of the Mirafiori Plant in Turin, northern Italy, Wednesday Jan. 27, 2010. An Italian official on Wednesday criticized Fiat's decision to temporarily halt production at its Italian plants even as the automaker urges the government to co...

Chrysler in talks to take back Detroit-area plant

2010-02-22T12:19:55Z

<div><p>DETROIT (Reuters) - Chrysler is in talks to take back a Sterling Heights, Michigan, assembly plant that it had abandoned in bankruptcy, a move that could save about 1,200 jobs once exp...

Fiat calls two-week production halt in Italy

2010-02-22T14:35:38Z

<div><p>Italian automaker Fiat on Tuesday called a two-week production halt in Italy from February 22, temporarily laying off some 30,000 workers because of a fall-off in orders.</p><p>"We announced today that all factories will stop from February 22 to March 7," a Fiat spokesman told AFP.</p><p>"The (temporary) layoff annou...

Fiat CEO: Chrysler-Fiat integration moving forward

2010-02-22T15:05:09Z

<div id="subtitle">Fiat CEO: new Chrysler engine plant represents 'huge step' in Fit-Chrysler integration</div><div><p>Fiat CEO Sergio Marchionne said Monday that a new Chrysler plant that will build Fiat engines in southeastern M...

Fiat forecasts return to profit in 2010

2010-02-22T15:13:05Z

<div><p>Italian automaker Fiat on Monday reported a larger-than-expected net loss for 2009 but forecast a return to profit this year as long as European governments continue incentives to buy eco-friendly vehicles.</p><p>The automaker announced a net loss of 848 million euros (1.2 billion dollars) in 2009 compared with a profit of 1.72 billion euros the previous year.</p><...

Fiat reports Q4 loss

2010-02-22T15:22:35Z

<div id="subtitle">Fiat reports 4th quarter loss on declining truck sales; seeks continued eco-incentives</div><div><p>Fiat Group SpA, controlling stakeholder in Chrysler LCC, on Monday reported a fourth-quarter loss due to a sharp decline in sales of trucks and construction equipment — even as sales of its small, fuel-efficient cars rose thanks to Fiat on Monday forecast a net profit of between 200 million and 300 million euros in 2010 and recorded a 2009 operating profit of 1.1 billion euros.</p><p>The automaker announced a net loss of 848 million euros (1.2 billion dollars) in 2009 compared with a profit of 1.721 billion euros the previous year.</p><img src="http://admatch-syndication.moc...

Revamped brands are key to Chrysler turnaround

2010-02-22T15:33:17Z

<div id="subtitle">Chrysler turnaround depends on remaking car brands, turning heads</div><div><p>Chrysler sold more than 118,000 Sebring sedans in 2001. Eight years later, the automaker barely sold 27,000 as its bankruptcy filing sent customers fleeing to the car's newer, better competitors.</p><p>Chrysler now has a turnaround plan that promises imp...

Chrysler CEO: Sales won't improve until June

2010-02-22T20:41:55Z

<div id="subtitle">Chrysler CEO says company's sales won't improve until June, auto industry must cut capacity</div><div><p>Chrysler Group LLC's sales will continue to slump until around June when compared with last year's numbers because the company used big incentives early in 2009 to move cars and trucks as it headed toward bankruptcy protection, the company's CEO said W...

Fiat CEO: decision to close plant 'irreversible'

2010-02-22T20:39:42Z

<div><p>Fiat and Chrysler CEO Sergio Marchionne said Wednesday that a decision to shut down the company's plant in Sicily was "irreversible."</p><p>Speaking in Detroit, Marchionne said plans to shutter the plant, which employs around 1,400 ...

Fiat CEO: Alfa Romeo brand not for sale

2010-02-22T21:59:34Z

<div id="subtitle">Fiat CEO Marchionne: Sporty Alfa brand won't be sold, but must prove its mettle to survive</div><div><p>Fiat CEO Sergio Marchionne said Monday he has no intention of selling the Alfa Romeo brand, but made clear the maker of sporty cars needs to prove ...

Fiat joins crowd eyeing India's small car segment

2010-02-23T00:34:19Z

<div><p>Italian group Fiat said Wednesday it would launch a new small car designed for India in two years time, joining the gaggle of foreign auto makers targeting the fast-growing market.</p><p>Fiat India Automobiles, a joint venture between Fiat and India's Tata Motors, said the launch i...

Fiat Stereo Fitting Kits You Need

2010-02-23T07:33:28Z

Before getting into details about new cars of fiat in last decade I would like to discuss about the history of Fiat and how its business grew in brief. In the year 1899 Fiat was established by few investors of Italy. Mainly focused on car, agricultural and industrial vehicle production it started its business. After few decades it progressed at a very fast rate and now they are the largest concern of Ita...

Chrysler PT Cruiser Radio Installation Kit

2010-02-23T07:34:21Z

Chrysler is an automaker in the United States of America which has its headquarters in Michigan. It was founded in the year 1925 and since then it has been manufacturing different types of automobiles. Presently due to the recession it had encountered bankruptcy and declared its partnership with Fiat, an Italian automaker. It has been involv...

Perfect Radio Installation Kits For Fiat

2010-02-23T07:34:26Z

The Fiat is one of the oldest makers of automobiles. It is an Italian manufacturing company with many plants all over the world. Some of the cars recently manufactured by Fiat are Brava/Bravo, Marea, Stilo and Punto. All these cars are available in hatchback, sedan and estate models.<br><br>Fiat Punto is another of its kind and is of the super mini class. Its predece...