|
07.02.2012 |
 |
Fiat Group's
already difficult financial outlook is likely to take a turn
for the worse according to ratings agency Standard & Poor's
which is placing is long-term 'BB' rating under review with
a further downgrade expected in the next 90 days
 |
 |
|
04.02.2012 |
 |
Fiat Group has
begun 2012 with a further slide in sales in its home market
of Italy – this time it was Alfa Romeo heading the decline,
down a third year-on-year; the group in fact recorded 40,463
registrations, down from 48,785 in January 2011
 |
 |
|
01.02.2012 |
 |
With its
shrinking market share Fiat Group Automobiles slid into
the red during the final quarter of the year, although
positive performances in particular from Chrysler Group,
Ferrari and Magneti Marelli kept the Italian carmaker in
positive territory
 |
 |
|
28.01.2012 |
 |
Fiat's Italian
car production hit last week after a wave of strikes by
truckers protesting at rising fuel prices blocked key roads
and forced it to stop production at its key factories,
although by the end of the week the situation was returning
to normal
 |
 |
|
18.01.2012 |
 |
A dismal 2011 in
Europe for the Fiat Group finished on a low note as its
December sales plunged 15.3 percent year-on-year and dropped
it below BMW Group to leave it as only the seventh best selling carmaking group for the month
 |
 |
|
18.01.2012 |
 |
Fiat India is
getting a significant boost as it continues to stare at its
slowly-moving production lines as a deal has finally been
done to supply Maruti Suzuki with 1.3 Multijet 16v engines
assembled at its under utilised Ranjangaon plant
 |
 |
|
12.01.2012 |
 |
A December
sales performance that saw it emerge as the top selling
carmaker means that Fiat Automóveis posts a milestone of ten
years as the market leader in Brazil; for the full year of
2011, Fiat sold 754,276 vehicles on this market
 |
 |
|
11.01.2012 |
 |
Fiat's gradual fade from the UK market accelerated last month as
sales dropped by a fifth and its market share shrank to just
1.85 percent and the picture for Fiat Group Automobiles got even
worse as Alfa Romeo saw its sales collapse
 |
 |
|
09.01.2012 |
 |
Fiat Group Automobiles posted a mixed end to 2011 in Germany,
Fiat was up 2 percent in December but underperformed the overall
market, Alfa Romeo lost nearly a quarter of its sales while
Lancia was up 171 percent albeit on minimal volumes
 |
 |
|
07.01.2012 |
 |
Fiat Group has ended the year in Italy with another poor month
to cap what has been a dismal year, and 31,737 units sold in
December is fall of one-fifth year-on-year and also
underperformed the overall market which dropped fifteen percent
 |
 |
|
05.01.2012 |
 |
Fiat's stake in the Chrysler Group has increased to 58.5 percent
after the final increment of the three performance-related
milestones to increase its shareholding, the arrival of a fuel
efficient engine in the forthcoming Dodge Dart, was ticked off
 |
 |
|
01.01.2012 |
 |
Termini Imerese's 41 years of rich history as an important
industrial component in the Fiat Group automobile production
picture has finally drawn to a close and a three week limbo
period now beckons before DR Motor is scheduled to assume
control
 |
 |
|
21.12.2011 |
 |
In a move that
it hopes will be the start of a new relevance in
international markets, Chrysler Group and Fiat Group have
today announced the opening of distribution centers in
Shanghai and Dubai for the former's Mopar parts division
 |
 |
|
20.12.2011 |
 |
Fiat is slashing
its sales target for 2012 by half a million units, a drop of
18.5 percent, a graphic illustration of the mounting
problems that the Italian carmaker is facing as it continues
to attempt to connect customers with its product range
 |
 |
|
19.12.2011 |
 |
The Fiat Group
saw its European sales nose diving again during November
with the picture getting even more bleak as its overall
market share dropped to 6.3 percent while in particular the
troubled Fiat brand slid to just a 4.5 percent cut of sales
 |
 |
|
12.12.2011 |
 |
Boosted by
demand for the new Palio, Fiat Automóveis continued to
lead the Brazilian new vehicle market during November
with a total of 66,278 cars and light commercial
vehicles combined sold to take a 21.3 percent share of
the market
 |
 |
|
12.12.2011 |
 |
Following its inclusion in the Dow Jones World and
Europe Sustainability Indexes and addition to the Global
500 Carbon Disclosure Leadership Index and Carbon
Performance Leadership Index, Fiat is now a member of
the ASPI Eurozone index
 |
 |
|
09.12.2011 |
 |
Fiat and
Alfa Romeo both saw their sales sliding across the UK
last month, down 17 and 15 percent year-on-year
respectively, underperforming the overall market which
was also in negative territory for the month, down 4
percent
 |
 |
|
08.12.2011 |
 |
It was a
mixed November's sales picture in Germany for Fiat Group
Automobiles (FGA); the Fiat brand slightly undershot the
relatively flat overall market, Alfa Romeo however saw
its sales slump while Lancia's went the other way, up
four fold
 |
 |
|
07.12.2011 |
 |
Fiat Group
mirrored the Italian market's 9.25 percent fall last
month, it dropped by 9.96 percent drop which was
accentuated by sharp falls for the Fiat and Alfa Romeo
brands while Lancia and Jeep however steadied the
picture to run out winners
 |
 |
|
28.11.2011 |
 |
Fiat and FPT
Industrial have entered into an agreement with Brazilian
government division Inmetro for a new partnership
focused on developing technologies that will promote
more efficient production processes, fuel, engines, and
transmissions
 |
 |
|
25.11.2011 |
 |
After more than four decades of assembling models such as Fiat's
126, Panda and Punto, the curtain has finally come down on Fiat
Group production at Termini Imerese in Sicily, with the final
car, a Lancia Ypsilon, having just rolled off the lines
 |
 |
|
25.11.2011 |
 |
The gulf in the relationship between Fiat and its Italian
workforce widened further this week after the carmaker announced
it won't honour existing employment contracts and collective
agreements when it quits Confindustria at the end of the year
 |
 |
|
18.11.2011 |
 |
Fiat Group lost
yet more ground in Western Europe last month, the 65,904
cars it sold was down 9.5 percent year-on-year to keep it
amongst the worst performers and meant its market share
shrank by more than half a point to 6.7 percent
 |
 |
|
17.11.2011 |
 |
Fiat
Automóveis continued to lead the Brazilian new vehicle
market during October and a strong month saw it leading
out both the passenger car (45,263 units) and Light
Commercial (11,868) segments as well as outperforming
the market year-on-year
 |
 |
|
09.11.2011 |
 |
Fiat's sales
continued to slump in the UK during October, it was down
a fifth against a market that was slightly positive and
which saw rising demand for small cars, Alfa Romeo also
fell, it slipped just under 7 percent, as did Abarth,
which lost 5 percent
 |
 |
|
08.11.2011 |
 |
Fiat, with
its sales down by 7.7 percent, and Alfa Romeo, down by
24.3 percent, both lost chunks ground in Germany last
month against an almost flat overall market, while
Lancia enjoyed a healthy bounce, up by 63.8 percent,
albeit from its token base
 |
 |
|
06.11.2011 |
 |
Fiat has
become embroiled in controversy after the entire
agreement with the Serbian government over plans for a
700 million euro investment in state-owned Zastava car
maker was blacked out in copy supplied to the country's
anti-corruption body
 |
 |
|
03.11.2011 |
 |
With 37,913
cars sold in Italy last month, the Fiat Group had a more
respectable month that has mostly been the case this
year; that total was down just 2.91 percent year-on-year
and outperformed the overall market which dropped 5.49
percent
 |
 |
|
28.10.2011 |
 |
Fiat released a
statement in response to a demand to clarify its proposed
Fabbrica Italia plan from Italian stock market regulator
Consob which it described as "deplorable", although its
press release has somewhat confirmed the watchdog's concerns
 |
 |
|
28.10.2011 |
 |
Fiat has posted mixed financial results for the third
quarter: net profit came in at 112 million euros, thanks to
Chrysler Group being included in the data, on the back of
17.6 billion euros but net debt rose to 5.8 billion euros,
higher than expectations
 |
 |
|
24.10.2011 |
 |
Fiat is
struggling to build up a cohesive sales picture in Europe
and stem its falling sales; CEO Sergio Marchionne however
last week says that its Brazilian and Chrysler's North
America operations are being relied on as the current cash
drivers
 |
 |
|
23.10.2011 |
 |
The Italian
stock market regulator, Consob, has reportedly asked Fiat to
clarify its much-touted 20 billion euro ‘Fabbrica Italia’
factory investment plan according to media reports, the news
coming right in the wake of the Fiom union strike on Friday
 |
 |
|
22.10.2011 |
 |
With 60,473 vehicles sold, Fiat Automóveis led the
Brazilian market for cars and light commercial vehicles
combined during September to continue its leadership for the
year-to-date, although it continues to come under increasing
pressure
 |
 |
|
21.10.2011 |
 |
Fiat is
facing domestic industrial action today called by one of its most
active unions which is concerned about the potential
flow of production work out of Italy; "We are striking to make Fiat stay in
Italy," said Fiom boss Maurizio Landini
 |
 |
|
20.10.2011 |
 |
Fiat's credit
rating has received another downgrade as Fitch Ratings has
now dropped it to BB+, two notches below investment grade,
citing primarily concerns about the pressure that
integrating the Chrysler Group will put on its stretched
finances
 |
 |
|
19.10.2011 |
 |
The Fiat Group's
sales across Europe continued to deteriorate during
September and a total of 82,115 vehicles registered equated
to a year-on-year slide of 7.8 percent and reduced its
overall market share for the month to just 6.5 percent
 |
 |
|
12.10.2011 |
 |
Fiat had a
reasonably steady September in Germany, its sales were up 3.5 percent
year-on-year although it underperformed the overall market
which was up 8.1 percent for the month; Alfa Romeo however lost ground
again,
down 11 percent
 |
 |
|
07.10.2011 |
 |
It was a very
mixed September for Fiat Group Automobiles in the UK: the
Fiat brand slumped again to loose a quarter of its sales
year-on-year while Alfa Romeo's shot up by a quarter against
the backdrop of an overall market that was virtually flat
 |
 |
|
05.10.2011 |
 |
Fiat Group showed an improvement on the Italian market
last month as the Fiat brand slowed its sales losses which
helped reduce the carmaker's year-on-year decline to 4.1
percent and actually slightly outperformed the overall
market
 |
 |
|
04.10.2011 |
 |
Fiat has quit
Confindustria, the Italian business group that represents
around 140,000 employers, citing its unhappiness with labour
laws and a perceived lack of flexibility, an action that brought a hash
response from the body as well as unions
 |
 |
|
03.10.2011 |
 |
With the future
of the Mirafiori plant in Turin once again in the spotlight
as rumours abound about the latest stalled deal to keep it
alive, Fiat has now changed its plans, this time it could be
poised to build a "baby" Jeep spun off Fiat architecture
 |
 |
|
27.09.2011 |
 |
Fiat’s stumbling relaunch in the U.S. has suffered its worst
week yet as its advertising agency was dropped, a new TV
spot featuring singer Jennifer Lopez was widely ridiculed,
and its dealers realised that Alfa Romeo’s own
relaunch was less that solid
 |
 |
|
22.09.2011 |
 |
Moody's has further cut Fiat's credit rating, it already
places its bonds below investment grade, now dropping them
by another notch from
Ba1 to Ba2 to reflect the growing integration between
the Italian carmaker and the Chrysler Group
 |
 |
|
22.09.2011 |
 |
Fiat S.p.A. has
become the only Italian company to enter both the Global
500 Carbon Disclosure Leadership Index and the Carbon
Performance Leadership Index according to a new report
which has been published by the Carbon Disclosure Project
 |
 |
|
16.09.2011 |
 |
Fiat Group saw
its European sales continue to decline sharply over the
summer period, down 9.9 percent in July and 7.6 percent in
July and August that has left the Italian carmaker
untroubled in clutching the wooden spoon for the
year-to-date
 |
 |
|
10.09.2011 |
 |
For the third consecutive year, Fiat S.p.A. has been
included in the Dow Jones Sustainability World and Dow Jones
Sustainability Europe indexes; Fiat received the highest
score (94/100), together with BMW compared to the average
(70/100)
 |
 |
|
07.09.2011 |
 |
As the British
new car market put a 13 month losing streak behind it in
August, Fiat and Alfa Romeo both ended up as big winners, up
34 and 82 percent respectively, comfortably outperforming
the overall market in the process
 |
 |
|
06.09.2011 |
 |
Despite
reportedly heavy August discounting of its key models, Fiat
wasn't able to ride with the German market's 18.3 percent
bounce last month, it was up just 4.1 percent, while Alfa
Romeo's positive run ended with a 10 percent drop in sales
 |
 |
|
03.09.2011 |
 |
The Italian new
car market turned mildly positive last month but Fiat
Group's sales troubles continued as it was down
year-on-year; however while the Fiat and Alfa Romeo brands
were negative, Lancia's registrations were up by more than a
fifth
 |
 |
|
01.09.2011 |
 |
The lifeline for
the future of Fiat's giant hometown plant, Mirafiori, has
been thrown into disarray once again with news that the
hard-fought deal to build a new-generation of SUVs for Jeep
and Alfa Romeo at the
plant now hangs under a cloud
 |
 |
|
31.08.2011 |
 |
Andrea Formica
has quit Fiat after almost a year; his responsibilities had
already diminished after he wad replaced as the head of the
Fiat brand in July's management reshuffle, now he departs
from his remaining responsibility in charge of sales
 |
 |
|
20.08.2011 |
 |
India's Maruti
Suzuki is edging towards buying diesel engines from Fiat, in
addition to the 1.3 Multijet powerplants it already builds
under licence, as it looks to outsource to meet diesel
engine requirements which have significantly outgrown
capacity
 |
 |
|
15.08.2011 |
 |
Fiat Automóveis
recorded sales of 67,385 cars and light utility vehicles
during July in Brazil which meant it comfortably retained
the number one position with a 23.4 percent of market share;
first seven months of the year sales total 433,861 units
 |
 |
|
11.08.2011 |
 |
Fiat Automóveis
has completed studies to set up its plant in Pernambuco
State, the second facility in Brazil, which will be the
center of a highly integrated automotive hub producing up
to 250,000 cars per year and creating 3,500 direct jobs
 |
 |
|
09.08.2011 |
 |
The Fiat
brand continued to shed
sales in the UK, during July they were down more than a
quarter as its market share declined to just 2 percent; Alfa
Romeo however went the other way, its sales bounced more
than a third for the month
 |
 |
|
07.08.2011 |
 |
Unetversity
Slough, a new training centre for Fiat Group UK offering
high-tech training which leads to certification for each
role, has just been officially opened with the promise of
greater results for the 6,000 delegates it handles annually
 |
 |
|
05.08.2011 |
 |
The Fiat brand
continued to underperform the overall German market
thoughout July; however it was in positive territory in
year-on-year terms (+2.2 percent) as were Alfa Romeo (+20.6
percent) and Lancia (+130.7 percent)
 |
 |
|
04.08.2011 |
 |
Fiat Group
followed Italian car sales downwards last month, losing 9.2
percent year-on-year as the market dropped 10.69 percent;
Fiat (-12.11 percent) and Alfa Romeo (-3.15 percent) were
both losers while Lancia (+1.23 percent) was up
 |
 |
|
29.07.2011 |
 |
Fiat has
unveiled a new 22-man management 'Group Executive Council'
for Fiat and Chrysler, led out by seven Chief Operating
Officers and seven brand leaders, as the integration between
the two automakers continues to accelerate
 |
 |
|
28.07.2011 |
 |
Ferrari has
recorded strong financial results for the first half of the
year with two indicators reaching record levels: revenues of
1,080 million euros (+19 percent) and 3,577 cars delivered,
an increase of 11.8 percent over the first half of 2010
 |
 |
|
27.07.2011 |
 |
With Chrysler's
revenues being incorporated into Fiat's results for the
first time the Italian carmaker has reported a 1.24 billion
profit during the second quarter of the year compared to a
loss of 17 million during the same period last year
 |
 |
|
23.07.2011 |
 |
Fiat has edged its ownership of Chrysler Group another notch
higher after acquiring the 1.5 percent stake held by
Canada, at a cost of US$125 million, as well as the 6
percent belonging to the United States Treasury, for US$500 million
 |
 |
|
18.07.2011 |
 |
Fiat Group saw
its new car sales slip 8.4 percent across Europe during June
which reflected the downward trend of the market (-8.1
percent) and keeps its overall market share for the month
flat at 7.3 percent year-on-year
 |
 |
|
11.07.2011 |
 |
Fiat Automóveis
has wrapped up the first half of the year with the sales
leadership in the Brazil and a 22.4 percent market share
just as it is forced to trim some production time due to a
trade spat between Brazil and Argentina
 |
 |
|
10.07.2011 |
 |
Fiat Group Automobiles UK
had a mixed June, the Fiat brand continued to lose
ground, down ten percent year-on-year, Alfa Romeo
maintained its upward trend as sales jumped by a third
and Abarth saw a small decline in registrations
 |
 |
|
08.07.2011 |
 |
Fiat Automobiles
outperformed the flat German new car market in June to post
a 1.8 percent rise in sales; Alfa Romeo and Lancia both
enjoyed a strong month and were up by more than a quarter
and three-quarters respectively
 |
 |
|
07.07.2011 |
 |
Fiat Group
had a steady month in Italy during June, holding its losses
to 3.68 percent after selling fifty thousand cars, just
undershooting the overall market which was down 1.70
percent, with the Fiat brand as ever the main loser
 |
 |
|
28.06.2011 |
 |
Fiat Powertrain
and Suzuki Motor Corporation have signed an agreement that
will see the former continuing to supply diesel engines to
the Japanese carmaker for the next-generation SX4, a car
that Fiat in undecided on rebadging again for itself
 |
 |
|
21.06.2011 |
 |
Despite another
strong month from Alfa Romeo, Fiat Group missed the European
new car market's 7.6 percent bounce in May to end the month
almost flat and as a result its market share slid by half a
percentage point to 7.3 percent
 |
 |
|
19.06.2011 |
 |
Investor
presentations come thick and fast in the new management era
at Fiat, and the latest one offers more revised schedules
for an array of proposed Fiat, Lancia, Alfa Romeo, Fiat
Professional and Chrysler Group models
 |
 |
|
15.06.2011 |
 |
In an
interview Tata Motors chief Ratan Tata has said Fiat needs
to put much more effort into its Indian joint venture if it
is to obtain results including a wider model range and
improvements in components but he isn't ready to give up yet
 |
 |
|
10.06.2011 |
 |
Fiat
Automobiles UK market slide showed no signs of slowing
during May as it lost a quarter of its sales year-on-year
against a flat market; Alfa Romeo however by contrast made
up ground after its sales for the month nearly doubled
 |
 |
|
09.06.2011 |
 |
Fiat Automobiles
had a more respectable May in Germany this year, selling ten
thousand cars, up 13.6 percent year-on-year although it
underperformed the overall market which was up by 22
percent; Alfa Romeo was up 113.3 percent
 |
 |
|
03.06.2011 |
 |
Fiat put a
miserable year on the Italian market behind it last month to
record sales up 4.5 percent year-on-year and to actually
outperform the overall market, which was also in positive
territory, up 3.58 percent for the period
 |
 |
|
03.06.2011 |
 |
It's official, Fiat now controls the Chrysler Group after
agreeing to buy the U.S. Treasury Department's 6 percent
stake for US$500 million following the exercising its
option, this development edges its shareholding up to 52
percent
 |
 |
|
02.06.2011 |
 |
The integration and
reorganisation of the distribution activities of Fiat Group Automobiles and the
Chrysler Group is now completed after one year; the new
Lancia-Chrysler and Jeep sales networks officially started
operations yesterday
 |
 |
|
02.06.2011 |
 |
After two failed
attempts to get a joint venture for vehicle production in
Russia up and running the Russian Economic Ministry has
announced that it has agreed to new plans by Fiat to invest
US$1.1 billion for production in the country
 |
 |
|
29.05.2011 |
 |
Fiat has announced that it is to exercise the option it
holds to buy the 6 percent stake that the U.S. Treasury
Department holds in Chrysler Group which will take the
Italian carmaker's equity up above the 50 percent
threshold
 |
 |
|
25.05.2011 |
 |
Immediately Chrysler Group announced that it had paid back
the U.S. and Canadian government loans in full yesterday
than Fiat issued its own press release to confirm that it
was exercising its option to take a further 16 percent stake
 |
 |
|
25.05.2011 |
 |
Chrysler Group
has announced the repayment of US$7.6 billion in outstanding
U.S. and Canadian government loans following its raising of
new debt, meaning the original loans have been repaid in
full and more than six years ahead of schedule
 |
 |
|
18.05.2011 |
 |
Fiat saw its
sales shrink 7.8 percent across Europe last month, twice the
overall market's fall, however it shed the worst performer
tag amongst the big groups as both the French carmakers',
PSA and Renault, lost double-digit ground
 |
 |
|
17.05.2011 |
 |
The European
Investment Bank welcomed a delegation from the Republic of
Serbia at its headquarters in Luxembourg yesterday where a
500 million loan was signed over to modernise the Fiat Auto
Serbia factory at Kragujevac
 |
 |
|
13.05.2011 |
 |
Fiat Automóveis
saw 60,452 registrations in Brazil last month to comfortably
lead the market, eight thousand units ahead of its closest
rival VW, with Fiat's momentum being led by the Uno which
accounted for well over a third of its sales
 |
 |
|
12.05.2011 |
 |
In a statement
issued today PSA Peugeot-Citroën revealled that another of
its joint manufacturing ventures with Fiat is to be
terminated, this time it is Sevel Nord which currently
builds the Fiat Scudo, Peugeot Expert and Citroën Jumpy
 |
 |
|
10.05.2011 |
 |
In a filing
submitted to the U.S. Securities and Exchange Commission
(SEC) yesterday it was revealled that Fiat can actually
boost its stake in the Chrysler Group to more than 70
percent through exercising a range of further options
 |
 |
|
09.05.2011 |
 |
Fiat
significantly underperformed the UK new car market last
month to lose a quarter of its sales year-on-year; however
Alfa Romeo provided a bright note and it was one of the big
winners as its sales climbed 125 percent during April
 |
 |
|
08.05.2011 |
 |
Fiat and Alfa
Romeo both comfortably outperformed the relatively flat
German new car market last month, up 8.2 and 35.1 percent
year-on-year respectively, while Lancia went the opposite
way as it fades away on this market
 |
 |
|
04.05.2011 |
 |
Fiat has
comprehensively won a vote by workers at the idled former
Carrozzeria Bertone plant at Grugliasco in Turin to accept
new working practices which will kick off a 500 million euro
investment to assemble a new E-segment Maserati
 |
 |
|
03.05.2011 |
 |
The Italian
new car market stemmed its long run of losses back to just
-2.24 percent last month although Fiat once again
significantly underperformed the market, down 8.46 percent,
to give it a 28.79 percent share of all registrations
 |
 |
|
02.05.2011 |
 |
Moody's Investor
Services and Fitch Ratings have indicated that they may
follow Standard & Poor's recent decision to downgrade Fiat
further below investment grade status, concerned by
liquidity and a weakening performance this year
 |
 |
|
28.04.2011 |
 |
Chrysler Group
has announced today that it will refinance its US$7.53
billion loan from the U.S. and Canadian governments paving
the way for Fiat to take its stake in the U.S. carmaker to
46 percent and clearing the path towards a future merger
 |
 |
|
23.04.2011 |
 |
TIME has
named Sergio Marchionne, CEO of Fiat and Chrysler Group, to
the 2011 TIME 100, the magazine’s annual list which
recognizes the activism, innovation and achievement of the
world’s 100 most influential individuals
 |
 |
|
23.04.2011 |
 |
Fiat has
announced that it has reached agreement with the U.S.
government regarding the exercise of the 16 percent call
option which will give the Italian carmaker a controlling
share in the Chrysler Group once Treasury Department loans
are repaid
 |
 |
|
20.04.2011 |
 |
FIAT S.P.A.
Q1: The first quarterly results since the Fiat Group was
split up sees revenues up 7.1 percent to 9.2 billion euros
while a net profit of 37 million euros has been posted
compared to 13 million euros a year ago
 |
 |
|
19.04.2011 |
 |
Dragged down once again
by its slumping domestic market, the Fiat Group was
unchallenged during March as the worst performer amongst
the major carmaking groups in Europe: it fell 20 pct
year-on-year, more than four times the overall market
 |
 |
|
18.04.2011 |
 |
As the losses
continue to rise Fiat and Tata Motors are both pumping fresh
equity into Fiat India Automobiles Ltd ensuring that - at
least in the shorter term - that their 50-50 Indian market
joint venture will continue to survive
 |
 |
|
16.04.2011 |
 |
The Fiom union
intends to challenge the new contracts that Fiat has pushed
on workers at its Mirafiori and Pomigliano d'Arco plants in
the courts in Turin as the bitter divide between the
carmaker and the union shows no sign of bridging
 |
 |
|
13.04.2011 |
 |
Fiat Automóveis
added 64,539 registrations in Brazil last month to close the
first quarter of the year with a total of 172,003, leading
the market for both periods as well as setting a new sales
record for the opening three months of the year
 |
 |
|
12.04.2011 |
 |
Having
completely renegotiated the terms of the second 5 percent
increment, Chrysler Group today announced that Fiat's
ownership interest has now increased from 25 percent to 30
percent, the change coming with immediate effect
 |
 |
|
10.04.2011 |
 |
Fiat is set
to imminently raise its stake in Chrysler Group to 30 per
cent as it achieves another
target to increase its stake in the U.S. carmaker, with
the final increment of 5 percent likely to be ticked off
before the end of the year
 |
 |
|
08.04.2011 |
 |
Fiat continued
to lose ground and underperform the UK market last month its
sales were down a fifth compared to the market which lost
7.87 percent, however Alfa Romeo posted major gains, up
three quarters year-on-year
 |
 |
|
08.04.2011 |
 |
Fiat Automobiles
put a year of plunging sales in Germany behind it in March
to finish the month flat although it still underperformed
the improving market; Alfa Romeo suffered no such problems:
its market share tripled for the period
 |
 |
|
06.04.2011 |
 |
Alfa Romeo
France is celebrating its best March for orders in quarter
of a century as it wraps out a first quarter of the year
that has seen registrations up 64 percent year-on-year
thanks to demand for both the MiTo and the new Giulietta
 |
 |
|
04.04.2011 |
 |
The Fiat
Group suffered another torrid month's sales in Italy during
March tumbling 31.90 percent year-on-year dragged down by
the Fiat brand which shed 39.81 percent while Alfa Romeo
provided the only bright spot, up 51.20 percent
 |
 |
|
02.04.2011 |
 |
Fiat and
Chrysler CEO Sergio Marchionne has made a number of claims
this week relating to future rises in revenues, improvements
in sales volumes this year, Chrysler's IPO, Russian market
plans and unit losses on the Fiat 500 EV
 |
 |
|
30.03.2011 |
 |
Fiat has been
given the green light by the European Commission to acquire
Penske's half stake in Italian diesel engine builder VM
Motori in a deal that will see its new RA 630 3.0 V6 engine
making its way into Fiat and Chrysler products
 |
 |
|
29.03.2011 |
 |
The Rector of
Politecnico di Torino,
Francesco Profumo, and the President of the University of
Windsor, Alan Wildeman, today
signed a collaborative agreement at a ceremony attended by
Fiat and Chrysler Group CEO Sergio Marchionne
 |
 |
|
23.03.2011 |
 |
Five weeks
after Fiat announced proposals to restart production at
the former Carrozzeria Bertone factory in Turin the
Italian carmaker says that it has now withdrawn the plan
citing a failure to reach agreement with the plant'
unions
 |
 |
|
17.03.2011 |
 |
The Fiat Group
comfortably retained the wooden spoon as the worst
performing carmaking group in Europe for yet another
consecutive month after it sold 76,808 cars during the month
of February, a year-on-year fall of 16.7 percent
 |
 |
|
13.03.2011 |
 |
The European Investment Bank and Fiat have signed a 250
million euro finance contract in Turin to support the car
firm’s research and development in the areas of reducing CO2
engine emissions and studying new vehicle designs
 |
 |
|
08.03.2011 |
 |
The UK market's slide eased to a fall of 7.66 percent
year-on-year last month, however while there was no respite
for Fiat which lost just under a quarter of its sales there
was better news for Alfa Romeo which gained just over a
quarter
 |
 |
|
07.03.2011 |
 |
Fiat Automóveis
led the Brazilian new car market last month with 60,738
units sold and it was up 24.7 percent year-on-year meaning
its performance mirrored the overall market which bounced
back after a more difficult January
 |
 |
|
04.03.2011 |
 |
Fiat finally
turned round a long decline in Germany last month to post a
4 percent year-on-year improvement in sales while Alfa Romeo
continued to climb sharply, up 62.2 percent against an
overall market rise of 15.2 percent
 |
 |
|
04.03.2011 |
 |
Tata Motor's
escalating unhappiness with the joint venture it has with
Fiat in India spilt over in Geneva this week with Tata CEO
Carl-Peter Forster telling journalists that Fiat needs to
make up its mind where it wants to go in India
 |
 |
|
03.03.2011 |
 |
The Fiat
Group is continuing to see it's sales slide on its domestic
market, during February it posted losses of 27.06 percent
year-on-year after selling 45,618 cars; that was
significantly worse than the overall market which shed a
fifth
 |
 |
|
26.02.2011 |
 |
After two failed attempts to get a joint venture for vehicle
production in Russia up and running, Fiat has announced that
it is instead to try to establish an operation on its own
and has just submitted plans to the state government
 |
 |
|
23.02.2011 |
 |
ItaliaspeedTV:
Views of the idled former Carrozzeria Bertone factory in
Grugliasco, Turin, which now belongs to Fiat; last week a
proposal was presented by Fiat that could see a future
E-segment car being built at the complex
 |
 |
|
18.02.2011 |
 |
Fiat's inability
to make ground in rapid growth developing markets has once
again played out as today the planned 2.4 billion euro joint
venture with Sollers broke down and instead the Russian
carmaker announced a new project with Ford
 |
 |
|
16.02.2011 |
 |
During January
the Fiat Group further cemented its on-going position as the
worst performing major carmaker in Europe as its total sales
fell by a fifth year-on-year to 80,018 cars against a market
that remained almost flat (-1.1 percent)
 |
 |
|
16.02.2011 |
 |
In a meeting held at the Unione Industriale di Torino
this morning Fiat has presented the trade unions with a
plan for the relaunch of car assembly activities at the Officine
Automobilistiche Grugliasco: building an E-segment
Maserati
 |
 |
|
15.02.2011 |
 |
Fiat's factory
at Tychy in Poland which produces the Fiat 500 and Panda was
hit by a wave of sabotage last Thursday during the night
shift with up to 200 finished cars reportedly being damaged
by dents and scratches
 |
 |
|
13.02.2011 |
 |
During a crisis
meeting between Sergio Marchionne and the Italian government
yesterday in Rome the Fiat CEO reaffirmed his commitment to
his much touted 20 billion euro domestic investment plan
which seemed to satisfy the government
 |
 |
|
11.02.2011 |
 |
Fiat Powertrain
has confirmed that it has bought a 50 percent stake in
Italian diesel engine manufacturer VM Motori, which will is
a symmetry with recent history turn the company into a joint
venture between Fiat and its former partner GM
 |
 |
|
10.02.2011 |
 |
Sergio
Marchionne has softened his language after his controversial
comments last weekend saying that he must be more open about
matters of corporate governance between the two companies
and that Italian concerns were overblown
 |
 |
|
09.02.2011 |
 |
The European Commission has opened a formal investigation under EU State aid
rules into Polish plans to grant aid towards a project by the Fiat Powertrain
Technologies to
produce a new generation of petrol engines in the Silesia region
 |
 |
|
08.02.2011 |
 |
In the UK the Fiat brand lost more than a third of its sales
year-on-year during January although Alfa Romeo went the other
way, up by nearly two thirds, against a market that started the
new year off slipping by just over 11 percent
 |
 |
|
07.02.2011 |
 |
The Italian government appears to be backing away from a
confrontation with Fiat over its proposals to merge with
Chrysler Group and to shift its headquarters from Turin to
Detroit in comments made by Minister Maurizio Sacconi
 |
 |
|
06.02.2011 |
 |
The
escalating fears that Fiat could abandon Turin as its
historical headquarters gained further momentum this
morning with Italian newspaper reports quoting Sergio
Marchionne and John Elkann that didn't appear to dampen
any of the flames
 |
 |
|
05.02.2011 |
 |
The future of Fiat has taken another twist today with comments
reportedly from CEO Sergio Marchionne that a merger with
Chrysler Group could happen with "the next two or three years"
and that the new entity could be U.S. headquartered
 |
 |
|
04.02.2011 |
 |
Following its deep slump last year the German new car market
enjoyed a second positive month in January, up 16.5 percent
year-on-year and that helped Fiat trim its losses (-6.8 percent)
while Alfa Romeo surged forward (+67.1 percent)
 |
 |
|
02.02.2011 |
 |
Fiat has
started the new year in Italy just as it finished the old one,
losing sales and underperforming the market: 48,045 units during
January equated to a 27.72 percent year-on-year fall and left it
lagging the overall market which fell by a fifth
 |
 |
|
31.01.2011 |
 |
Fiat's Indian joint venture with Tata Motors is unravelling
rapidly, slumping sales of Fiat models is now causing alarm at
partner Tata Motors with CEO Carl-Peter Forster being publically
quoted for the first time as being "not happy"
 |
 |
|
27.01.2011 |
 |
Fiat Group Q4/FY 2010: For the full year a net profit of
600 million euros has been reported today compared to loss of
848 million euros for 2009, which split up works out as 222
million euros from Fiat and 378 million euros for Fiat
Industrial
 |
 |
|
25.01.2011 |
 |
Fiat
Automobili Srbija, the majority Fiat owned venture in
Serbia that is poised to built a new generation of
minivans for Fiat at the former Zastava factory is
poised to receive a 500 million euro loan from the
European Investment Bank
 |
 |
|
21.01.2011 |
 |
Fiat Chairman John Elkann and CEO Sergio Marchionne have
both this week expressed satisfaction with the positive vote
amongst union members on plans the Mirafiori plant in Turin
which will safeguard its immediate future
 |
 |
|
19.01.2011 |
 |
Recently appointed head of the Fiat Automobiles brand Andrea
Formica has reportedly lured out of retirement his former boss
at Toyota Motor Europe, Thierry Dombreval, to take
responsibility for the FGA European sales brief
 |
 |
|
18.01.2011 |
 |
The Fiat
Group ended the year with a dismal December sales were down 19.1
percent year-on-year which meant that the Italian carmaker
finished 2010 with 1,041,287 sales, down more than two hundred
thousand units on the previous year
 |
 |
|
16.01.2011 |
 |
Fiat has
narrowly won a vote over future of the Mirafiori factory, with
workers voting 54.1 percent in favour of new contracts which
will strip away a string of rights but which Fiat believes are
necessary to make the plant competitive
 |
 |
|
15.01.2011 |
 |
Fiat has agreed a deal to
purchase half of Italian diesel specialist manufacturer VM Motori
from Penske Corporation just as the company gears up to produce
its V6 for installation in high-end Fiat and Chrysler Group
products
 |
 |
|
12.01.2011 |
 |
Just after announcing that it had achieved record sales results
in China for last year, Ferrari has now revealed that
preliminary figures for the North American market show that 2010
was a record year for the sports car maker
 |
 |
|
|
|
|
|
|
11.01.2011 |
 |
Fiat Automobiles'
sharply deteriorating sales performance in the UK continued
unabated during the final month of the year as sales once again
almost halved year-on-year although Alfa Romeo went the other
way, up 80 percent
 |
 |
|
11.01.2011 |
 |
Fiat has
raised its ownership of the Chrysler Group by 5 percent to 25
percent after completing the first of three incremental steps
laid down under the U.S. and Canadian governments' bailout of
the carmaker in 2009
 |
 |
|
09.01.2011 |
 |
During 2010 Fiat Automóveis once again confirmed its leadership
of the Brazilian market with a total of 760,495 registrations, a
record for its three and a half decades of manufacturing in
Latin America's biggest country
 |
 |
|
05.01.2011 |
 |
Fiat
Automobiles has ended a disastrous year in Germany ending up as
the worst performing volume brand with its sales down by over a
half on the previous year a result that was laid bare by the
overall market which fell by just under a quarter
 |
 |
|
04.01.2011 |
 |
Fiat ended a dismal year on its domestic market with a 26.41 pct
year-on-year fall in sales during December which once again
keeps its Italian market share below the 30 percent threshold
and underperforms the market
 |
 |
|
03.01.2011 |
  |
A
new era began on the Milan stock exchange this morning as "Fiat"
and "Fiat Industrial" shares began trading separately for the
first time an action that finally shut the door on the Italian
powerhouse industrial conglomerate
 |
 |
|
01.01.2011 |
 |
The laying of the foundation stone for the new Fiat plant at
the port and industrial district of Suape, in the metropolitan
area of Recife, was celebrated by Brazilian President, Luís
Inácio Lula da Silva, and Fiat CEO, Sergio Marchionne
 |
 |
|
01.01.2011 |
 |
As Fiat and several
unions sign up to new working practices and contracts at
the company's Pomigliano d'Arco factory the FIOM
metalworkers union, which has roundly rejected the new
contracts, has called an eight hour strike
 |
 |
|
24.12.2010 |
 |
Fiat CEO Sergio Marchionne has won his battle to impose new
employment contracts on workers at Mirafiori plant with all but
one union capitulating yesterday to the carmaker's proposals
which will see investments now pumped in
 |
 |
|
17.12.2010 |
 |
A
hundred and eleven rich years of the conglomerate that was the
heartbeat of Italy's industrialisation finally came to an end
yesterday in Turin as Fiat S.p.A. was formally carved up and the
new Fiat Industrial entity named its board
 |
 |
|
15.12.2010 |
 |
Fiat Group
saw its sales slide across Europe throughout November: it was
the biggest loser of all the major carmaking group's and lost
nearly a quarter of all its sales year-on-year, more than three
times worse than the overall market's dip
 |
 |
|
15.12.2010 |
 |
Fiat Automóveis is to invest 3 billion reals (US$1.8 billion) to
construct a new factory in the Port and Industrial District in
Suape in the State of Pernambuco, which will become the Italian
carmaker's second plant in Brazil
 |
 |
|
11.12.2010 |
 |
Fiat Automóveis is set to build a second
passenger car factory in Brazil to relieve the pressure
on its Betim facility and is in talks with the state of
Pernambuco with an announcement set to be made as early
as next week
 |
 |
|
10.12.2010 |
 |
There is no
respite for the Fiat brand across Europe this year and that
bleak picture continued in the UK in November as sales
tanked by more than a half, although Alfa Romeo provided
some better news, its sales climbed by a quarter
 |
 |
|
08.12.2010 |
 |
Fiat Group
Automobiles has announced that it is to take legal action
against Rai Due programme AnnoZero, for what it
perceives were "highly defamatory and damaging" statements
made during a road test of the Alfa Romeo MiTo
 |
 |
|
06.12.2010 |
 |
Fiat Automobiles
was able to ride an easing in the on-going slump in new car
sales in Germany last month to keep it's year-on-year losses
to a third although that meant it once again took it's place
amongst the worst performers
 |
 |
|
05.12.2010 |
 |
With stories circulating over Fiat increasing its
shareholding in Chrysler and the possibility of the creation
of a single entity once the Italian industrial group is
split up next month, Turin has issued a statement to clarify
the process
 |
 |
|
02.12.2010 |
 |
The Fiat
Group is suffering a dismal end to a dismal year on its
domestic market: during November the Italian carmaker's
sales slumped by a quarter year-on-year, underperforming the
overall market which was down by just over a fifth
 |
 |
|
30.11.2010 |
 |
On the 1st of
January 2011 as a result of the splitting up of the Fiat
Group that was approved by shareholders on September 16th
there will be two distinct new companies both listed on
Borsa Italiana and both will get new logos
 |
 |
|
30.11.2010 |
 |
Fiat Group Automobiles and GM's Opel division have concluded
negotiations and signed a contract whereby Fiat will supply
the Turkish-built Doblň light commercial vehicle through all
is variants to Opel commencing December 2011
 |
 |
|
26.11.2010 |
 |
Today in
Turin Fiat Group CEO Sergio Marchionne presented the trade
unions with a proposal to boost output at Mirafiori by
initially building new D-segment and SUV-style vehicles
based on the new derivatives of the "C-Evo" platform
 |
 |
|
25.11.2010 |
 |
Under pressure
from its unions for action the Fiat Group is to start to
outline its future production plans for its huge Mirafiori
factory in its hometown Turin during a meeting with the
unions that is planned for tomorrow morning
 |
 |
|
17.11.2010 |
 |
Fiat Group has
suffered another torrid month in Europe, its summer and
autumn long sales decline showing no sign of easing up as
October registrations slumped by almost a third
year-on-year, well over twice the market's overall decline
 |
 |
|
16.11.2010 |
 |
Fiat Group
might sell its Magneti Marelli components division and bring
Ferrari to an IPO as it seeks to hurriedly raise funds to
both pay back major debts and fund a substantial increase in
its minority stake in Chrysler Group
 |
 |
|
11.11.2010 |
 |
Fiat
Automobiles' sales collapse across Europe continued into the
UK last month and following huge falls in Italy (-40
percent) and Germany (-48 percent) during October the UK
picture was equally bleak, down 46 percent
 |
 |
|
09.11.2010 |
 |
There is
still no sign of any respite for Fiat Automobiles' tumbling
sales right across Europe and in the German market October
marked the sixth consecutive month that the Italian carmaker
has seen its sales plunge by a half
 |
 |
|
07.11.2010 |
 |
SB LiMotive, the
joint venture of Samsung SDI and Bosch, has been chosen by
Chrysler Group to supply the lithium-ion battery packs for
the Fiat 500EV (electric vehicle) which is to be launched in
the U.S. market in 2012
 |
 |
|
03.11.2010 |
 |
Fiat Group's
spring, summer and autumn domestic sales collapse
accelerated during October, its registrations in Italy
slumped 39.93 percent year-on-year comfortably
underperforming the overall market which fell by 28.82
percent
 |
 |
|
21.10.2010 |
 |
Fiat
Group Q3: With total revenues up by 11.9 percent to 13.5
billion euros net profit for the third quarter of the year
surged from 25 to 190 million euros year-on-year as most of
the Group's divisions made positive contributions
 |
 |
|
18.10.2010 |
 |
At the third edition of the CSR Online Awards Italy 2010,
Fiat Group took third place with a score of 73.5/100 for its
online communication on social responsibility after
achieving a 19 point improvement over the prior year
 |
 |
|
15.10.2010 |
 |
Fiat Group's summer sales slowdown is continuing into the
autumn: it was the
worst performing major car making group in Europe last month and its year-on-year slump of
21.4 percent was more than double the overall market's fall
 |
 |
|
11.10.2010 |
 |
There was no
respite in the UK for Fiat Group Automobiles' Europe-wide
sales slowdown as both Fiat and Alfa Romeo lost more than a
fifth of their sales last month meaning their declines were
more than double the overall market's slowdown
 |
 |
|
08.10.2010 |
 |
Fiat Group
Automobiles continued to suffer crumbling sales in Germany
through September: the Fiat brand was the big loser in
volume terms losing almost half its sales while Alfa Romeo
and Lancia both gave up much ground
 |
 |
|
03.10.2010 |
 |
Fiat is set to invest
US$205 million in its factory at Córdoba in Argentina to
add in a second model as it copes with soaring demand
for new cars in neighbouring Brazil and production
output could reach capacity in 2 years
 |
 |
|
02.10.2010 |
 |
Fiat Group sales
slumped once again in Italy last month as customers
continued to shun its products in a sharply falling market;
it lost more than a quarter of sales year-on-year and saw
market share slump to 28.64 percent
 |
 |
|
02.10.2010 |
 |
Japanese electronics giant Toshiba Corporation
is set to team up with the Fiat Group in a project to jointly develop
next-generation rapid-charge lithium ion batteries destined
for hybrid vehicles, working closely with Turin R&D unit CRF
 |
 |
|
01.10.2010 |
 |
The future of
the the Fiat Group's Alfa Romeo division continues to
dominate conversation in Paris and following VW Chairman
Ferdinand Piech's comments, Group CEO Martin Winterkorn has
also expressed interest in the struggling brand
 |
 |
|
30.09.2010 |
 |
Ferdinand Piech
has finally made it official – in Paris last night, the VW
Chairman told reporters that he wants to make Alfa Romeo the
German giant’s thirteenth brand, and is targeting a deal
being struck to acquire the Italian sports name
 |
 |
|
26.09.2010 |
 |
Fiat Automóveis
and Fiat Powertrain Technologies have established in Brazil
a cooperation agreement with CETEC to promote
technical-financial-scientific cooperation and joint
development of technological innovation projects
 |
 |
|
22.09.2010 |
 |
Fiat has
hardly poured much cold water on today's big story that
Daimler AG was reportedly interested in buying the assets
that will be assigned to an "industrial" holding company
when the Group is shortly split up
 |
 |
|
22.09.2010 |
 |
According to
Italian media reports today Daimler AG made a 9 billion euro
bid over the summer for the industrial assets of the Fiat
Group which will be spun away when the company is broken up
at the end of the year
 |
 |
|
19.09.2010 |
 |
Almost two weeks
after he quit the top job at Toyota Europe, auto industry
veteran Andrea Formica has been confirmed as the new Fiat
Automobiles' CEO replacing Lorenzo Sistino who becomes the
head of international operations
 |
 |
|
17.09.2010 |
 |
Fiat Chairman John Elkann has met at Lingotto Zhou Qiang the
General Secretary of the Communist Party of the Province of
Hunan where the joint venture between Fiat and Guangzhou
Automobile Group is taking shape
 |
 |
|
17.09.2010 |
 |
After 111 years
of shaping, defining and filling out the pages of Italy's
successful industrial history, the Fiat Group's board met in
Turin yesterday to give their full approval to ambitious
plans to break the conglomerate up
 |
 |
|
16.09.2010 |
 |
The Fiat
Group has seen a major summer slowdown in its European sales
according data for July and August released today; it lost
almost a third of sales year-on-year during July and just
under a quarter in August
 |
 |
|
12.09.2010 |
 |
For the second consecutive year Fiat has been included in
the Dow Jones Sustainability World and Europe indexes
receiving a score of 93/100 compared to an average of 70/100
for companies in the Automobiles sector
 |
 |
|
10.09.2010 |
 |
Volkswagen has
picked up another senior Fiat executive as its recruitment
drive continues with Giovanni Perosino Turin's marketing
communications chief heading to Wolfsburg to be reunited
with Luca De Meo
 |
 |
|
07.09.2010 |
 |
After a
reportedly long courtship Andrea Formica, Senior
Vice-President at Toyota Motor Europe will be switching to
Fiat Group to take up the senior sales role at Fiat Group
Automobiles currently held by Lorenzo Sistino
 |
 |
|
07.09.2010 |
 |
Any lingering
sales momentum in the UK for Fiat was wiped out during
August as registrations crashed by two thirds year-on-year
which was almost four times the fall of the overall market
which was in negative territory once again
 |
 |
|
05.09.2010 |
 |
Fiat
Automobiles' sales in Germany continued to crumble through
August, registrations were down by nearly a half
year-on-year, meaning it considerably underperformed the
overall market which lost more than a quarter
 |
 |
|
02.09.2010 |
 |
The Fiat
Group saw new registrations plunge again on its home market
last month losing more than a quarter year-on-year and
underperforming the overall market which also lost ground in
August, shedding just under a fifth of sales
 |
 |
|
27.08.2010 |
 |
Pressure is
continuing to mount on Fiat to respect an order to take back
three sacked workers with Transport Minister Altero Matteoli
and Italian President Giorgio Napolitano both saying it
should adhere to the court's decision
 |
 |
|
27.08.2010 |
 |
Fiat Group's
Turkish joint venture,
Tofaş, which builds the Fiorino and Doblň LCVs and the Linea sedan, has
seen its first half net profits almost double as it quickly
bounces back from the effects of the global financial crisis
 |
 |
|
25.08.2010 |
 |
Fiat has responded to the growing row over its refusal to
allow three sacked workers back into their production-line
jobs citing an on-going criminal investigation and
expressing confidence that it will be exonerated at a second
hearing
 |
 |
|
25.08.2010 |
 |
An Italian
government minister has stepped in to the escalating row
over the refusal of Fiat to take back the three workers from
the Melfi factory sacked by Fiat in July and subsequently
reinstated by a labour court
 |
 |
|
24.08.2010 |
 |
Icona Solutions'
software to be used by Fiat Group's Elasis and CRF research
arms will help improve perceived quality of its vehicles and
reduce development costs through early identification and
resolution of quality issues
 |
 |
|
19.08.2010 |
 |
While Fiat's
sales have been tumbling sharply across Europe this summer
the same cannot be said of Brazil where the Italian carmaker
once again led the market during July, extending its
advantage as it has done so all year
 |
 |
|
08.08.2010 |
 |
The UK has
joined the other major European new car markets in
providing bleak sales news for Fiat Automobiles in July, the
Italian brand
seeing it's sales shrink by nearly one-third, almost
treble the market's decline
 |
 |
|
06.08.2010 |
 |
Fiat's German
market sales crumbled again during July, and while the
overall market tumbled by nearly a third, its sales crashed
by more than a half, and the picture was also bad at Alfa
Romeo (-38.0 pct) and Lancia (-68.8 pct)
 |
 |
|
06.08.2010 |
 |
Harman, an audio and infotainment group, has announced
that it has been awarded a multi-year contract to supply its
integrated next-generation infotainment systems for Chrysler
Group and Fiat vehicles sold worldwide
 |
 |
|
04.08.2010 |
 |
Fiat India Automobiles
Pvt Ltd, the three-year old joint venture company formed
through the association of Tata Motors and Fiat, posted
record losses last year which were up a significant 39
percent on the previous year
 |
 |
|
03.08.2010 |
 |
Fiat Group's
domestic sales slump accelerated last month, it was down
35.70 pct year-on-year considerably underperforming the
overall new car market which fell by a quarter and
leaving its market share for the month at just 29.19 pct
 |
 |
|
28.07.2010 |
 |
Fiat met
its unions and key government officials today during an
urgent meeting called after the shock announcement last week
that two models would be switched to Serbia as fears grow
for the future of the "Fabbrica Italia" programme
 |
 |
|
23.07.2010 |
 |
Italian
Welfare Minister Maurizio Sacconi will convene a meeting
between Fiat Group and its unions next Wednesday in Turin as
the row grows over the carmaker's plans to shift production
of an important new model from Italy to Serbia
 |
 |
|
23.07.2010 |
 |
Buoyed by
the Fiat Group posting an unexpected profit in Q2, CEO
Sergio Marchionne has caused political upheaval and anger
over the last forty eight hours by threatening to move
production from Italy to Serbia
 |
 |
|
22.07.2010 |
 |
The Fiat
brand's sales suffered during June thanks to continuing
falls on the Italian and German markets and only the
Punto made it into the European top-ten, down in ninth
place, with the Panda vanishing from sight once again
 |
 |
|
21.07.2010 |
 |
At the same time as Fiat Group was announcing its second
quarter results this morning the board of directors
confirmed that they have approved the plans that will
finally see the business split up into auto and
industrial divisions
 |
 |
|
21.07.2010 |
 |
Fiat
Group Q2: Back in the black with a second quarter
profit of 113 million euros compared to a loss of 179
million euros during the same period last year, while
revenues rose by 12.5 percent to 14.8 billion euros
 |
 |
|
15.07.2010 |
 |
Fiat Group
suffered another torrid month's sales in Europe during June
losing 25,000 units and more than a fifth of its sales
year-on-year to end the month as comfortably the worst
performer amongst the major auto groups
 |
 |
|
13.07.2010 |
 |
Driven by sales of the
new Uno, Fiat Automóveis retained its leadership of the
sector for new cars and light
commercial vehicles in Brazil during June, with a total of 60,164 registrations,
while also gaining ground on its main rival, VW
 |
 |
|
13.07.2010 |
 |
Hundreds of
workers at Fiat's giant Mirafiori plant in the northern city
of Turin walked of the job yesterday fearing the company may
withhold their bonuses for this month after it reported an
800 million euro loss in 2009
 |
 |
|
09.07.2010 |
 |
After a fortnight of silence the Fiat Group has today
confirmed that the less-than-overwhelming vote in favour of
its plans to more the Panda to Pomigliano d'Arco through a
700 million euro investment is sufficient to see it go ahead
 |
 |
|
07.07.2010 |
 |
The new car
market in the UK climbed by 10.76 percent in June, up for a
twelfth consecutive month; Fiat's sales during the same
month rose by 3.56 percent while the Alfa Romeo went the
other way as it lost more than a fifth of its sales
 |
 |
|
06.07.2010 |
 |
Fiat
Automobiles suffered another shocking month in Germany
during June, its sales collapsed by a half, the worst
performance by any mass market brand, while Alfa Romeo and
Lancia's sales also performed just as badly
 |
 |
|
06.07.2010 |
 |
Fiat Group's
Italian sales have plunged for a third consecutive month:
during June they were down 27.40 percent year-on-year, well
adrift of the market which shed 19.12 percent and its share
of all sales slipped to 30.48 percent
 |
 |
|
30.06.2010 |
 |
Irish energy
technology company SolarPrint has entered into a partnership
with Fiat to develop a "smart roof" incorporating low cost
photo voltaic cells and lithium batteries that will in turn
be used to power on board devices in cars
 |
 |
|
25.06.2010 |
 |
Fiat says it
intends to move ahead with plans to boost productivity at
its Pomigliano d'Arco plant after an ample majority of
workers voted in favor of changes to labor practices there
although 36 percent voted against the plans
 |
 |
|
16.06.2010 |
 |
The Fiat Group
saw the recent decline in its European sales continue last
month and while the total European registrations fell 8.7
percent year-on-year, the Italian carmaker suffered more
than any other of its rivals, tumbling 22.3 percent
 |
 |
|
15.06.2010 |
 |
The future of
the Pomigliano d'Arco plant is still undecided as the FIOM
union, which has so far rejected Fiat's proposals, announced
yesterday that it won't accept Fiat's terms for bringing
Panda production to the Naples site
 |
 |
|
11.06.2010 |
 |
Driven by
instant demand for the new Uno in its first month on sale,
Fiat retained its position as the best-selling brand in
Brazil, combining passenger cars and light commercial
vehicles, with 54,934 vehicles registered in May
 |
 |
|
08.06.2010 |
 |
Compromise hangs
in the air ahead of crunch talks today over the future of
Alfa Romeo's Pomigliano d'Arco plant near Naples as Fiat
threatens to take Panda production elsewhere unless
agreement with the unions is swiftly reached
 |
 |
|
06.06.2010 |
 |
Fiat Automobiles
enjoyed a strong May's sales in the UK, in sharp contrast to
other leading European markets such as Germany and Italy,
Fiat saw sales surge by nearly 30 percent which was well
ahead of the market's 13.52 percent gain
 |
 |
|
06.06.2010 |
 |
Fiat Group
Automobiles has suffered another torrid month in Germany as
Europe’s biggest market continues to contract: the Fiat
brand, one of the winners from the "scrappage" scheme this
time last year, saw its sales half last month
 |
 |
|
02.06.2010 |
 |
The Fiat
Group suffered another dismal month in Italy during May, its
sales slumped by a quarter, much more than the overall
market's fall, which meant its share of all registrations
dropped below 30 percent for the first time in five years
 |
 |
|
21.05.2010 |
 |
The A-segment
Panda carried Fiat's sales hopes across Europe during a
difficult April, it was the brand's best selling model for
the month with 20,958 finding buyers as it just squeezed its
way into the top-ten best-selling models
 |
 |
|
18.05.2010 |
 |
The five
millionth vehicle has come off the production line at Fiat’s
SATA plant in San Nicola di Melfi, Potenza, one of the
world’s most productive automotive factories; the landmark
vehicle was a Punto Evo 1.4 Emotion in red
 |
 |
|
17.05.2010 |
 |
Fiat Group
has suffered a bad month for new registrations across the Europe during April,
its sales tumbling by 27.3 percent compared to the total
market which fell 7.4 percent, meaning that it was the worst performer
amongst its peers
 |
 |
|
10.05.2010 |
 |
Fiat has
suffered a second month of slumping sales in Germany,
during April it was down 66.5 percent year-on-year, more
than double the overall market which suffered steep
falls, while Alfa Romeo fared little better, it plunged
52.1 percent
 |
 |
|
08.05.2010 |
 |
Fiat Automobiles
was one of the big winners in the UK last month, with 4,020
cars sold its year-on-year performance was up by 57.7
percent, although Alfa Romeo fared less well, it lost 14.87
percent year-on-year as sales declined to 584 cars
 |
 |
|
04.05.2010 |
 |
With the ending
of government supported "eco" incentives the Italian new car
market slumped 15.65 percent last month with Fiat Group
slipping even more, it lost more than a quarter of its sales
year-on-year a fall of 18,000 units
 |
 |
|
27.04.2010 |
 |
Fiat has seen a
drop in March sales in Europe for the Punto and Panda,
largely due to reduced sales in Germany; however they
remained amongst the top-10 best-sellers in ninth and tenth
slot, with 31,636 and 30,483 sales respectively
 |
 |
|
22.04.2010 |
 |
During the Fiat Group Investor Day held in Turin
yesterday, ambitious plans for a rapid expansion of
production and sales over the 2010-2014 period in three key
global growth markets, China, Russia and India, were
outlined in detail
 |
 |
|
22.04.2010 |
 |
The Fiat Group
reached a historical turning point as after more than a
century as one of the world's most flamboyant industrial
conglomerates built up by the swashbuckling Agnelli family
it is finally to be split up into two new companies
 |
 |
|
21.04.2010 |
 |
On the morning
of its highly anticipated investor day Fiat Group has
announced its first quarter financial results which see its
net loss for the three month period narrowing to 21 million
euros compared to 411 million euros a year ago
 |
 |
|
21.04.2010 |
 |
Fiat Group has
this morning officially confirmed John Elkann as the new
Chairman is a very short statement while reports have
emerged that Luca di Montezemolo quit after disagreements
over the future direction of the carmaker
 |
 |
|
20.04.2010 |
 |
Fiat has announced in a statement just released that Luca di
Montezemolo will resign his position as Chairman during a
press conference this afternoon leaving the way clear for
John Elkann to step up from the Vice-Chairman's position
 |
 |
|
20.04.2010 |
 |
Constructed to be the home of the Alfasud, now, after almost
four decades building Alfa Romeos, Fiat Group has confirmed
today that a 700 million euro investment will see Pomigliano
d'Arco switch to building the Fiat Panda
 |
 |
|
20.04.2010 |
 |
According to an
Italian newspaper this morning Fiat Group Vice-Chairman John
Elkann is to be named Chairman in place of Luca di
Montezemolo when the Italian carmaker holds a unexpected
news conference later this afternoon
 |
 |
|
16.04.2010 |
 |
Fiat Group
suffered a slower month of sales across Europe in March and
while the overall new car market was up 11.1 percent and
almost all its big rivals gained ground year-on-year, the
Italian carmaker was down 2.9 percent
 |
 |
|
13.04.2010 |
 |
Fiat Automobiles
saw its sales climb 33.85 percent year-on-year in the UK
last month, an increase of two-and-a-half thousand units and
a performance that comfortably beat the overall market which
surged by just over a quarter
 |
 |
|
11.04.2010 |
 |
Fiat Automóveis
has wrapped up the first quarter of the year with record
sales in the Brazilian market of 167,528 new cars and LCVs,
a 9.6 percent year-on-year rise, and it came after the
quarter ended with a new monthly sales record in March
 |
 |
|
08.04.2010 |
 |
Fiat and Alfa
Romeo both posted year-on-year gains in France last month,
up 15.1 percent and 9.5 percent respectively, although
neither FGA brand was able to match the overall new car
market rise that climbed by 17.9 percent
 |
 |
|
08.04.2010 |
 |
Suffering the
effects of the post incentive scheme hangover, the German
new car market contracted by more than a quarter last month
while the Fiat Automobiles brand had a shocking month, its
sales collapsed by almost three-quarters
 |
 |
|
06.04.2010 |
 |
Following a
programme over the last year the students of the Master
Ma.Ma.In.D. - Marketing Management Innovazione e Design
course at Fondazione ISTUD, one of Italy's most prestigious
business schools are back at Mirafiori
 |
 |
|
02.04.2010 |
 |
Fiat Group saw 80,691 registrations on home
soil last month, up more than ten thousand units on the same month last year, a
rise of 14.75 percent; however Fiat underperformed the overall
market which was up by 19.61 percent
 |
 |
|
29.03.2010 |
 |
Fiat CEO Sergio
Marchionne has said the stake in Chrysler Group will hit 35
percent in two years as he battles growing domestic fears
that he is reducing Fiat’s historic base in Italy at the
expense of building a global manufacturing footprint
 |
 |
|
25.03.2010 |
 |
Fiat has hit
back at the report in La Repubblica yesterday
saying in a statement that it was "premature and not
based on fact" and pointing to the its use of the
Italian government's temporary redundancy scheme to
avoid job losses
 |
 |
|
25.03.2010 |
 |
With Fiat's
new Italian business plan less than a month
away from being announced rumours are starting to drip
out that paint a bleak picture with jobs losses and a
cut in the model range, although output is expected to
rise significantly
 |
 |
|
23.03.2010 |
 |
Fiat's
best-selling model, the Punto, has enjoyed an impressive
year-on-year sales rise in Europe during February, up by
42.2 percent, thanks to the arrival on most markets now of
the mid-life facelifted version, the Punto Evo
 |
 |
|
21.03.2010 |
 |
Boosted by its
domestic market, which was the largest in Europe, Fiat Group
saw over 90,000 registrations during February which put
it up 4.9 percent year-on-year and meant it outperformed the
European market which was up 3.2 percent
 |
 |
|
15.03.2010 |
 |
Fiat India
expanded its Punto hatchback range with the launch of two
competitively-priced new entry-level versions today and with
its models in demand bullish CEO Rajeev Kapoor said he
expects sales to double this year to 50,000 units
 |
 |
|
11.03.2010 |
 |
Chrysler
Group has announced in a statement that Laura J. Soave
has been appointed as the Head of the Fiat Brand for
North America; Soave will lead the reintroduction of the
Fiat Brand in North America, beginning with the Fiat 500
 |
 |
|
11.03.2010 |
 |
While the
recalls embroiling Toyota have hit the headlines worldwide,
Fiat Automóveis is being forced to recall the Fiat Stilo
built in Brazil after the Ministério da Justiça ruled
that faulty rear hubs caused the detachment of the road
wheel
 |
 |
|
08.03.2010 |
 |
Fiat Automobiles India saw its sales
continue to rise during the month of February and with 2,256
vehicles sold in India meant it was up an impressive 78
percent year-on-year as the Italian carmaker's
renaissance on that market continues apace
 |
 |
|
08.03.2010 |
 |
Talk of a
spin-off of Fiat Group automobile manufacturing arm has
reared its head once more with the media reporting that
it could be announced when CEO Sergio Marchionne
presents his latest forward plan for the Group on April
21
 |
 |
|
02.03.2010 |
 |
The Italian new
car market enjoyed another strong January and it was up
20.59 percent, Fiat Group was also up, by 16.67 percent, but
underperformed the market which meant its share of all sales
shrank by a point to 31.04 percent
 |
 |
|
01.03.2010 |
 |
Among Europe's
best-selling automotive brands and for the third year
running, Fiat Automobiles has logged the lowest average
value for CO2 emissions of cars sold in 2009: 127.8 g/km;
which is down from 133.7 g/km the previous year
 |
 |
|
24.02.2010 |
 |
As Fiat swings
into a two-week complete shutdown of its Italian vehicle
production plants as a result of slowing domestic demand for
its cars it has announced that there will be further
temporary staffs lay-offs during March and April
 |
 |
|
17.02.2010 |
 |
Boosted by a
surging domestic market Fiat Group turned in a strong sales
performance across Europe during January, and with 98,752
units registered the Italian carmaker was up 19.9 percent
year-on-year, comfortably beating the overall market
 |
 |
|
12.02.2010 |
 |
Fiat has
officially announced its new joint venture with Russia's
Sollers which will see the two companies embarking on 2.4
billion euros investment that will target annual production
of 500,000 Fiat and Chrysler Group vehicles by 2016
 |
 |
|
11.02.2010 |
 |
The Italian
government is to end its raft of 'eco' incentives to
encourage buying new cars with Fiat CEO Sergio Marchionne
responding by saying that he agreed with the decision
despite the impact that it is expected to have on new car
sales
 |
 |
|
11.02.2010 |
 |
Fiat and Russian
carmaker Sollers’ new joint venture project is expected to
create the second biggest automotive group in Russia after
an investment of 2.4 billion euros (US$3.3 billion) and will
target building up to 500,000 cars per year
 |
 |
|
10.02.2010 |
 |
Fiat has
received the Sector Mover and Gold Class
distinctions from SAM, the sustainability-focused
investment group which analyses the largest companies
globally to determine their eligibility for inclusion in the
Dow Jones Sustainability indexes
 |
 |
|
10.02.2010 |
 |
Fiat is set to
announce a new joint venture with Russian auto manufacturer
Sollers on Thursday to produce Fiat branded cars in
Naberezhniye Chelny, expanding on a series of joint ventures
already in place between the two companies
 |
 |
|
09.02.2010 |
 |
Fiat Group CEO
Sergio Marchionne appears to have won his battle to push
forward to close Termini Imerese with an Italian government
minister being quoted yesterday as saying that alternatives
uses for the plant were now being looked at
 |
 |
|
06.02.2010 |
 |
Fiat has
continued to signal its intent that it will not deviate from
shutting Termini Imerese with Luca di Montezemolo applying
the pressure stating yesterday that the carmaker hasn't
received "one euro" in state aid since he became Group
Chairman
 |
 |
|
05.02.2010 |
 |
The German new
car market slid by 4.3 percent last month, however Fiat
Automobiles was able to ride out the decline to see its
sales remain flat and actually be one of just six brands
that ended the month up year-on-year, albeit by 0.1 percent
 |
 |
|
05.02.2010 |
 |
Fiat turned in
an impressive January’s sales in the UK, almost 4,000 units
meaning its sales jumped 68.95 percent year-on-year which
was in fact more than double the growth of the overall
market which itself was up a healthy 28.9 percent
 |
 |
|
05.02.2010 |
 |
With the Italian
government hinting this week that it might drop stimulus
packages for the automotive sector Fiat Group CEO Sergio
Marchionne has said in a statement today that he would
"fully support" any decision to withdraw eco-incentives
 |
 |
|
04.02.2010 |
 |
Fiat has been
hit by a strike that halted production across its Italian
factories as the fight to save the Termini Imerese plant in
Sicily continues to ratchet up, with Economy Minister
Scajola hinting that the government could end auto
incentives
 |
 |
|
02.02.2010 |
 |
Fiat Group has
made a very strong start to the year in Italy with sales up
30.22 percent year-on-year during January, as well as
month-on-month, as all three Fiat Group Automobiles brands,
Fiat, Lancia and Alfa Romeo, posted volume gains
 |
 |
|
01.02.2010 |
 |
Workers at
Fiat's beleaguered Termini Imerese plant received a boost on
Sunday when Pope Benedict XVI called on all parties to
protect jobs at the Sicilian production site, the pontiff
referring to the factory which is set to be shuttered next
year
 |
 |
|
29.01.2010 |
 |
Fiat faces a key
meeting with the Italian government and unions this
afternoon as a special task force set up to look to the
future of the beleaguered Termini Imerese swings into action
at a time when all sides appear to have moved further apart
 |
 |
|
28.01.2010 |
 |
The political
pressure is ramping up ahead of a crunch meeting between
Fiat and the Italian government and unions with one junior
party tied to the ruling coalition partner openly calling
for a boycott of Fiat after the carmaker announced a two
week shutdown
 |
 |
|
27.01.2010 |
 |
The Italian
government has hit back swiftly at Fiat Group's announcement
yesterday that it plans to halt domestic car production for
two weeks from the end of next month with Development
Minister Claudio Scajola calling the decision "inopportune"
 |
 |
|
27.01.2010 |
 |
Following the
major earthquake which has devastated Haiti, the Fiat Group
has acted immediately to help the local population,
providing equipment from across its divison as well as
technical and financial support totalling US$1 million
 |
 |
|
25.01.2010 |
 |
Fiat Group Q4/FY: The Fiat Group
this morning reported a fourth quarter loss of 283 million
euros and a full year loss of 848 million euros, its
performance for a difficult 2009 dragged down in particular
by sales slumps at Iveco and CNH Global
 |
 |
|
22.01.2010 |
 |
Reports suggest
that Alfa Romeo's uncertain future could see it tied up with
Maserati and Abarth in a new division under the leadership
of the Fiat Group's Chief Technical Officer, Harald J Wester
who is already responsible for the latter two brands
 |
 |
|
20.01.2010 |
 |
Italian private equity house Cape-Natixis
SGR SpA confirmed yesterday that it is in talks with US-Indian electric car
manufacturer Reva Electric Car Co about building its electric cars at Fiat's
closure-threatened Termini Imerese factory
 |
 |
|
19.01.2010 |
 |
Fiat Group
closed out a rollercoaster 2009 for carmakers with 1,254,829
registrations combined across its Fiat, Lancia, Alfa Romeo,
Ferrari and Maserati brands, which puts it 165,000 units and
6.3 percent up on the previous year
 |
 |
|
15.01.2010 |
 |
The fight
for Termini Imerese's future survival will step up a big
gear on February 3 as Fiat's Italian unions have called for
a nationwide stoppage, the first company-wide strike to be
launched since Sergio Marchionne took over as CEO in 2004
 |
 |
|
14.01.2010 |
 |
The battle to
the Termini Imerese factory moved to Detroit yesterday as
CEO Sergio Marchionne's speech at the Automotive News
World Congress was disrupted by protestors fighting to
save jobs at the plant which is to be shut next year
 |
 |
|
08.01.2010 |
 |
Despite the
German new car market diving into negative territory last
month, Fiat Automobiles saw its sales climb by more than a
quarter year-on-year and its ends the full-year in Germany
with its sales up by a very impressive 86.1 percent
 |
 |
|
07.01.2010 |
 |
As the UK new car market surged
38.87 percent year-on-year during
December Fiat (+78.52 percent) and Alfa Romeo (+133.07
percent) were two of the biggest winners while the Fiat 500
wound up as the ninth biggest-selling car for the month
 |
 |
|
06.01.2010 |
 |
The Fiat
Group has wrapped up a successful year of sales in its
home market with a further 52,206 units sold last month
to end the year on 708,317 units, up 2.65 percent
year-on-year, while the overall Italian market was just
into negative territory
 |
 |
|
06.01.2010 |
 |
Thomas Hajek, Managing Director of Maserati GB, has now, as
well as his UK position, taken over responsibility for the
Trident brand in Germany, France, Monaco, Spain, Portugal,
Switzerland, Austria, Belgium, Holland and Luxembourg
 |
 |
|
05.01.2010 |
 |
With 736,973
vehicles registered in Brazil last year Fiat Automóveis has
set a new sales record after 33 years in the country as well
as retaining its position as the undisputed biggest selling
carmaker in Brazil for the eighth consecutive year
 |
 |
|
30.12.2009 |
 |
Russian Prime
Minister Vladimir Putin has opened a new Sollers car
manufacturing factory in Vladivostok; the new plant will
build an array of vehicles including several versions of the
Fiat Ducato destined for public service use in the Far East
of Russia
 |
 |
|
30.12.2009 |
 |
Fiat has paid
the 98 million euros due under the terms of the contract to
the account of the joint company founded with the Serbian
government, Fiat Automobiles Serbia; the
Italian carmaker already paid 2 million euros to the newly formed
firm
 |
 |
|
24.12.2009 |
 |
Workers from Pomigliano d'Arco chaining themselves to
the city hall and a walkout at Termini Imerese: the
aftermath of the presentation of Fiat's new industrial plan
has seen its employees taking direct action in the bitter
fight to save their jobs
 |
 |
|
24.12.2009 |
 |
Serbian Economy
Minister Mlađan Dinkić and Fiat Group Vice-President Alfredo
Altavilla have finally signed the annex to the contract on
making joint investments in the Zastava automobiles factory
in Kragujevac after the project hit a year's delay
 |
 |
|
23.12.2009 |
 |
There was no Christmas present for the workers at Fiat's
threatened Termini Imerese factory in Sicily during Sergio
Marchionne's presentation of his latest industrial plan in
Rome yesterday despite targeting a 50 percent hike in
production for Italy
 |
 |
|
23.12.2009 |
 |
The Fiat has
outlined its 2010/11 product plan revealing that there will
only be two new Fiat-based models during that period – the
next-generation Fiat Panda and Lancia Ypsilon, outside the
already-previewed Alfa Romeo Giulietta and Fiat Doblň
 |
 |
|
23.12.2009 |
 |
Full transcript
of address by Fiat Group CEO Sergio Marchionne during the
meeting of Fiat management with representatives of the
Italian national government and regions and the carmaker's
trade unions at the Palazzo Chigi in Rome
 |
 |
|
21.12.2009 |
 |
Serbian
President Boris Tadić says Fiat is set to make the much
delayed 100 million euro payment in the Zastava deal; the
contract will finally be signed on December 23 by Economy
Minister Mlađan Dinkić and Fiat Vice-President Alfredo
Altavilla
 |
 |
|
18.12.2009 |
 |
It’s been another week of twists and turns for Fiat’s threatened Termini Imerese
factory with Chery Automotive and
India’s Tata Motors and Mahindra & Mahinhra all linked with buying the plant
which is scheduled to cease car production in 2011
 |
 |
|
18.12.2009 |
 |
Chrysler Group
has confirmed that it will invest $179 million to launch
production of Fiat's 1.4 litre FIRE engine fitted with
MultiAir at its Global Engine Manufacturing Alliance plant
in Michigan to be fitted in the Fiat 500 from the end of
next year
 |
 |
|
16.12.2009 |
 |
In an
interview this week Fiat Group Chairman Luca di
Montezemolo has categorically stated that the Alfa Romeo
brand isn't for sale and that they aren't looking for a new
Asian partner while adding that the Jeep brand is destined
for China
 |
 |
|
16.12.2009 |
 |