Scrappage Programs Shape European Auto Sales Pattern ( Wed, 17 Mar 2010 12:27:45 +0100) Big winners among the European makers were Renault, PSA and Fiat, whose home markets remain sustained by incentives. Read more
Fiat appoints new group treasurer ( Mon, 15 Mar 2010 19:17:46 +0100) MILAN, March 15 (Reuters) - Italian auto maker Fiat SpA has appointed Camillo Rossotto treasurer for the group in the latest management shake-up under Read more
Marchionne changes strategy on Fiat exec ( Sun, 14 Mar 2010 00:57:00 +0100) Sergio Marchionne's hiring of former Volkswagen executive Laura Soave to reintroduce Fiat in the U.S. breaks with the Chrysler CEO's strategy of promoting from within. Read more
Fiat may make Chrysler revival a priority ( Sun, 14 Mar 2010 05:38:00 +0100) Fiat, the Italian carmaker that helped Chrysler emerge from bankruptcy, may wait to turn around the U.S. business before deciding on a share sale or spin-off for its automotive division. Read more
ANALYSIS-Fiat seen needing a run with Chrysler before spin-off ( Fri, 12 Mar 2010 16:28:10 +0100) * New Fiat car unit seen having to include Chrysler * Fiat would have to hold at least 35 percent of Chrysler * Fiat on its way to building Chrysler stake Read more
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Fiat Keen to Exploit European Cachet ( Fri, 12 Mar 2010 14:23:04 +0100) Lorenzo Ramaciotti, Fiats vice president-style, says the Italian auto maker wants to export more vehicles to the U.S. More information on the strategy is expected April 21. Read more Brazil fines Fiat, company to recall Stilo cars ( Thu, 11 Mar 2010 10:52:48 +0100) * Brazil regulator says Stilo models have wheel problem * Problem not seen in Stilo with ABS system * Fiat to recall Stilo cars, challenges fine MILAN, Read more
Chrysler names former VW, Ford marketing exec as N.A. Fiat brand chief ( Wed, 10 Mar 2010 21:58:00 +0100) Chrysler Group named a former Ford and VW marketing executive to head the Fiat brand in North America. Laura Soave, 37, will be in charge of reintroducing Fiat to North America. Read more
UPDATE 1-Brazil Feb auto sales rise after Jan slump-dealers ( Wed, 03 Mar 2010 15:41:05 +0100) * Feb vehicle sales rise 3.6 pct * Fiat leads Feb sales, followed by VW, GM and Ford (Recasts, adds year-earlier data, sales ranking by automaker) SAO Read more
ANALYSIS-Mutual need brings Russia, western car makers closer ( Wed, 03 Mar 2010 17:45:15 +0100) * State providing aid and support to Western players * Renault, Fiat, Daimler seek major roles in Russia recovery * Russian auto market expected to recover, Read more Chrysler, Fiat Displays Reflect Emerging Game Plan ( Wed, 03 Mar 2010 17:46:05 +0100) Some Dodge vehicles will become Fiats, such as the Journey people mover that will replace the Ulysse minivan. Read more UPDATE 1-Fiat CEO could talk auto spin-off April 21 ( Wed, 03 Mar 2010 14:35:14 +0100) * Could discuss spinning off auto activities * Chrysler Feb sales are "real" after end to discounts * Italian auto market difficulties to last some time Read more Fiat CEO says Europe car sales may drop on stimuli ( Tue, 02 Mar 2010 19:36:55 +0100) SOROCABA, Brazil, March 2 (Reuters) - The removal of government economic stimuli in Europe could stoke a drop of as much as 16 percent in vehicle sales Read more
AUTOSHOW-Fiat unveils world's greenest fuel engine ( Tue, 02 Mar 2010 19:37:25 +0100) * Fiat to equip 500 with Twin Air engine as of Sept * New "green" engine to cut CO2 emissions by 30 pct GENEVA, March 2 (Reuters) - Fiat will this year Read more
AUTOSHOW-Fiat 500 model sales well above targets -exec ( Tue, 02 Mar 2010 13:17:53 +0100) GENEVA, March 2 (Reuters) - Fiat's sales of its 500 small car model are well ahead of expectations, the Fiat brand head said on Tuesday. "In the coming Read more
CORRECTED - (OFFICIAL)-AUTOSHOW-Fiat 500 sales above targets ( Tue, 02 Mar 2010 13:18:33 +0100) (Corrects second paragraph after a company spokesman said the half a million figure referred to production not sales) GENEVA, March 2 (Reuters) - Fiat's Read more
AUTOSHOW-Fiat's Alfa Romeo to unveil key car in Geneva ( Mon, 01 Mar 2010 19:25:34 +0100) GENEVA, Mar 1 (Reuters) - Italy's Fiat unveils the Alfa Romeo Giulietta at this week's Geneva auto show, and while analysts do not believe the brand is Read more Chrysler races to upgrade its lineup: ( Mon, 01 Mar 2010 12:50:00 +0100) In a bid to improve its lineup before a fleet of new Fiat-based vehicles arrives in 2012, Chrysler Group is rushing new features and equipment into 15 reworked vehicles. Read more Marchionne helps Italy, talks merger ( Sun, 28 Feb 2010 06:11:00 +0100) Chrysler CEO Sergio Marchionne spoke about his homeland of Abruzzo, Italy, as well as the challenges of integrating Fiat and Chrysler at a fund-raiser Saturday night for earthquake victims that raised about $10,000. While Chile and Haiti are dealing with more recent earthquakes, the Abruzzo region continues to rebuild after a massive earthquake that occurred April 8, 2009. Read more Fiat's 2-cylinder engine to reduce CO2 emissions ( Thu, 25 Feb 2010 04:55:00 +0100) Fiat said it's introducing a two-cylinder gasoline engine at the Geneva car show next week that will cut carbon-dioxide emissions by 30% compared with models of similar power. Read more
BRIEF-Tofas of Turkey posts 360 million lira net profit ( Mon, 22 Feb 2010 14:15:28 +0100) ISTANBUL, Feb 22 (Reuters) - Tofas , Fiat's Turkish unit: * Says 2009 net profit was 360.4 million lira ($239 million), compared with 175.8 million lira Read more
Fiat CEO Sergio Marchionne's pay rises ( Sat, 20 Feb 2010 04:20:00 +0100) Fiat CEO Sergio Marchionne received 41% more compensation last year as his total pay rose to 4.8 million euros ($6.5 million), according to the carmaker's annual report. Read more
Fiat expects to break even after Italy ends scrappage ( Fri, 19 Feb 2010 17:13:09 +0100) MILAN, Feb 19 (Reuters) - Fiat SpA now expects to achieve break-even in 2010 after Italy ended its car scrappage scheme, the car maker said on Friday. Read more
Italy ready to invest 450 mln eur in Fiat plant - min ( Wed, 17 Feb 2010 09:20:06 +0100) ROME, Feb 17 (Reuters) - Italy is prepared to invest 450 million euros ($614.3 million) to convert Fiat SpA's Termini Imerese auto plant in Sicily, Industry Read more
UPDATE 1-Italy ready to invest 450 mln eur in Fiat plant ( Wed, 17 Feb 2010 10:22:18 +0100) * 14 proposals for Fiat's Sicily plant - industry minister * Fiat shares up 3 pct after buyback news ROME, Feb 17 (Reuters) - Italy is prepared to invest Read more