Marchionne apologizes for 'wop engine' comment 11:44 am U.S. ET | May 21, 2013  Chrysler-Fiat CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying at the Detroit auto show that an Alfa Romeo needed a "wop" engine.... Read More »
Marchionne apologizes for 'wop engine' commentMay 21, 2013 17:44 CET  Fiat-Chrysler CEO Sergio Marchionne has issued a written apology to an Italian-American anti-bias organization for saying that an Alfa Romeo needed a "wop" engine.... Read More »
LUCA CIFERRI U.S. and Brazil bright spots for Fiat-Chrysler as Europe declines 12:01 am U.S. ET | May 21, 2013  Global April sales for Fiat-Chrysler show how much the Americas, especially the U.S. and Brazil, are supporting the automaker as deliveries in Europe fall.... Read More »
LUCA CIFERRI U.S. and Brazil bright spots for Fiat-Chrysler as Europe declines 12:01 am U.S. ET | May 21, 2013  Global April sales for Fiat-Chrysler show how much the Americas, especially the U.S. and Brazil, are supporting the automaker as deliveries in Europe fall.... Read More »
VIRAL MANIA Online video has changed how auto marketers connect with customers 12:01 am U.S. ET | May 20, 2013  Online video has redrawn the boundaries of auto marketing, giving companies a chance to sketch a broader story line around their products, break the conventions of TV and connect with customers in new ways... Read More »
European car sales post 1st gain in 19 months 5:19 am U.S. ET | May 17, 2013  European car sales rose for the first time in 19 months as a gain in consumer sentiment in countries using the euro led to rebounds in Germany and Spain. Still, the European auto market is at a two-decade low, and industry executives are forecasting a drop of about 5 percent for 2013 amid a recession in the 17-nation euro zone.... Read More »
Fiat says headquarters shift to U.S. is not on agendaMay 17, 2013 06:01 CET  Fiat said the idea of moving the group's legal headquarters to the United States following a planned merger with Chrysler Group is not on the company's agenda.... Read More »
Fiat: Shift of headquarters to U.S. not on agenda 8:04 pm U.S. ET | May 16, 2013  Fiat said the idea of moving the group's legal headquarters to the United States following a planned merger with Chrysler Group is not on the company's agenda.... Read More »
Fiat mulls U.S. headquarters after Chrysler merger, report saysMay 15, 2013 16:04 CET  Fiat is considering moving its corporate headquarters to the United States following a planned merger with Chrysler Group, three people familiar with the matter said.... Read More »
Fiat mulls U.S. headquarters after Chrysler merger, report says 10:04 am U.S. ET | May 15, 2013  Fiat is considering moving its corporate headquarters to the United States following a planned merger with Chrysler Group, three people familiar with the matter said. CEO Sergio Marchionne is evaluating the switch from Turin, where Fiat was founded in 1899, to the United States as the carmaker's revenue and profit center shifts to North America, the people said, asking not to be identified discussing the internal deliberations.... Read More »
Fiat 500, Maserati production hit by supplier disputeMay 14, 2013 16:04 CET  Fiat faces delays producing vehicles after a supplier stopped delivering parts for the Fiat 500 and Maseratis.... Read More »
Fiat dealers anxious for broader product lineup 12:01 am U.S. ET | May 11, 2013  Some of the 204 Fiat dealers in the United States are struggling to turn a profit selling several versions of the Fiat 500 subcompact and some dealers said they anxiously await more details from Chrysler and its Italian parent, Fiat S.p.A., on plans to expand products beyond what has been already announced.... Read More »
Ferrari will reduce supercar sales to maintain brand exclusivityMay 8, 2013 15:49 CET  Ferrari plans to reduce sales to fewer than 7,000 vehicles this year to maintain the exclusivity of the brand. Ferrari plans to boost profitability with high-end, customized version of its vehicles while holding back on their availability.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Montezemolo says keeping Ferrari's high profits will be challengingMay 7, 2013 06:01 CET  Ferrari Chairman Luca Cordero di Montezemolo has lived through many highs and lows, both on the racetrack and at the office. Times are good now. Last year, the automaker had record sales of 7,318 supercars and an operating margin of 14.4 percent. Montezemolo expects the automaker's finances to keep improving.... Read More »
Growing Audi demand prompts TRW to boost output at new Romania plantMay 7, 2013 11:09 CET  TRW will boost production at a new eastern European factory on growing demand from Audi and other automakers. The U.S. supplier plans a fivefold output boost at a steering wheel leather wrapping plant in Baia Mare, Romania, that opened in January.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE The making of LaFerrariMay 6, 2013 06:01 CET  Ferrari's limited-edition supercars are special. Ferrari Chairman Luca Cordero di Montezemolo says the new LaFerrari is no exception because of features such as the supercar's gasoline-electric hybrid powertrain, F1-inspired carbon fiber cockpit and a state-of-the-art aerodynamics.... Read More »
New LaFerrari blends speed, technology 12:01 am U.S. ET | May 6, 2013  Here is an in-depth look at some of the challenges faced en route to delivering the LaFerrari, the company's fastest, most technologically advanced road car.... Read More »
Q&A: LUCA CORDERO DI MONTEZEMOLO Ferrari CEO aims to boost exclusivity, not unit sales 12:01 am U.S. ET | May 6, 2013  Times are good at Ferrari. Last year, the Italian sports car maker had record global sales of 7,318 units, which is 50 percent more than when Luca Cordero di Montezemolo became CEO in 1991. But Montezemolo, now the company's chairman, has not forgotten the tough times.... Read More »
LARRY P. VELLEQUETTE Fiat ad or (Arianna, Pitbull) music video? 7:42 am U.S. ET | May 4, 2013  I present to you Fiat's latest video in North America, "Sexy People." Some things just need to speak for themselves. I am left without words.... Read More »
Dealer fears deepen as Italy car sales fall 11%May 2, 2013 18:31 CET  New car sales in Italy fell 11 percent in April deepening worries that the market will show a big full-year drop..... Read More »
Chrysler's outlook raised to positive from stable by S&P 6:39 pm U.S. ET | April 30, 2013  Chrysler Group may get an upgrade in its credit rating in the next 12 months, said Standard and Poor's, which raised Chrysler's outlook Tuesday to "positive" from "stable." S&P changed its outlook on the company to positive even after Chrysler posted a 65-percent drop in first quarter profit.... Read More »
Fiat first-quarter profit falls on Chrysler earnings dropApril 29, 2013 14:41 CET  Fiat Group confirmed its 2013 financial targets despite lower first-quarter profits at Chrysler and continued losses in Europe.... Read More »
Fiat may have to pay union trust fund more for Chrysler shares, judge suggestsApril 25, 2013 17:53 CET  Fiat may have to pay more than its $139.7 million offer for Chrysler Group shares that the automaker wants to buy from the United Auto Workers' retiree health-care trust, a judge suggested.... Read More »
Fiat may have to pay UAW trust fund more for Chrysler shares, judge suggests 11:53 am U.S. ET | April 25, 2013  Fiat may have to pay more than its original offer of about $140 million for Chrysler Group shares being bought from the UAW's retiree health-care trust, a Delaware judge suggested in court today.... Read More »
Fiat weighs New York listing following merger with Chrysler, report saysApril 24, 2013 18:19 CET  Fiat may select New York as the primary exchange for its stock after a planned merger with Chrysler Group, sources said. The move would be highly political and symbolic for debt-ridden Italy as it struggles to emerge from a cycle of recessions.... Read More »
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