500 too small? Larger 500L to the rescue 12:01 am U.S. ET | June 17, 2013  Since returning to America in 2011, Fiat and its struggling dealers have been getting by on just the 500. But the cars that rolled off a transport ship from Europe in June promise to change that. The four-door 2014 Fiat 500L, going on sale this month in Fiat's 205 dealerships in the United States, shares most of its name with the smaller 500 coupe, but that's about all it shares.... Read More »
Marchionne said to be finalizing Fiat-Chrysler refinancingJune 14, 2013 15:47 CET  Fiat-Chrysler CEO Sergio Marchionne is closing in on refinancing deals for both automakers ahead of a plan to merge the two companies.... Read More »
Marchionne said to be finalizing Fiat-Chrysler refinancing deals 9:47 am U.S. ET | June 14, 2013  Chrysler-Fiat CEO Sergio Marchionne is closing in on refinancing deals for both automakers ahead of a plan to merge the two companies, people familiar with the matter told Bloomberg.... Read More »
Chevy hikes Volt spiffs to spur sales, lower stockpiles 2:55 pm U.S. ET | June 11, 2013  GM is boosting incentives on the Chevrolet Volt plug-in hybrid to spur sales and lower stockpiles amid price cuts and lease deals on the Nissan Leaf and Fiat 500e electric vehicles.... Read More »
Polish car production falls 7% in MayJune 10, 2013 11:01 CET Car production in Poland -- where Fiat, GM and VW Group have plants -- fell 7 percent in May, industry monitor SAMAR said. The group added that weak European demand and a run of public holidays had reversed a rise in the previous month. In Poland, nearly 99 percent of cars assembled are for export, mostly within Europe.... Read More »
Fiat CEO says company 'has everything we need' to relaunch Alfa RomeoJune 9, 2013 06:01 CET  Fiat "has everything we need" to relaunch its historic performance sports brand Alfa Romeo, Fiat CEO Sergio Marchionne said. The launch of new Alfa Romeo models starting later this year has been flagged by Marchionne as a key part of the automaker's strategy to boost sales of higher-margin premium models.... Read More »
Brazil auto production sets new record in May 11:42 am U.S. ET | June 6, 2013  Brazil produced a record number of automobiles in May as car makers took advantage of tax breaks on locally made vehicles. Production edged up 0.3 percent from April to 348,100 new cars, trucks and buses, the national automakers association Anfavea said today.... Read More »
NICK GIBBS Ford Ka faces uncertain future 12:01 am U.S. ET | June 5, 2013  The future of the Ford Ka appears uncertain after a senior marketing executive said that the minicar has been left out of a new, brandwide advertising campaign.... Read More »
For Chrysler stores, blue sky is back 12:01 am U.S. ET | June 3, 2013  After enduring Chrysler's bankruptcy, the uncertainty of its acquisition by Fiat and the Great Recession, Chrysler Group dealers are finally receiving healthy offers to buy their stores.... Read More »
Fiat owner Exor sells stake in SGS for $2.6 billionJune 3, 2013 11:19 CET  Exor, the Agnelli family company which controls Fiat, has sold a 15 percent stake in Swiss company SGS for 2 billion euros ($2.6 billion). The move frees up resources ahead of the automaker's planned merger with Chrysler Group.... Read More »
Light-duty trucks, SUVs boost Chrysler volume 11% 12:50 pm U.S. ET | June 3, 2013  Strong demand for light-duty pickups and SUVs pushed Chrysler Group sales up 11 percent in May, its 38th consecutive month of year-over-year sales gains.... Read More »
UNPLUGGED Early adopters have their EVs, but the crucial second-tier buyers haven't stepped up. And the price war has begun. 12:01 am U.S. ET | June 3, 2013  Disappointing sales of electric vehicles have plunged the segment into an old-fashioned price war -- one that some EV proponents fear could erode acceptance of the technology in the long term.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Late-arriving French automakers hope China's love for French luxury brands will lead to sales boomJune 3, 2013 06:01 CET  German automakers have long seen China as a key market. Now their late-arriving French rivals hope to catch up fast with help from the popularity of France's fashion brands.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Fiat-Gucci link fails in ChinaJune 3, 2013 06:01 CET  Fiat so far has failed to establish its tiny 500 as a chic city car in China despite a direct link to Italy's Gucci brand. The struggles of the 500 by Gucci could be foreboding to PSA and Renault, which both hope to win sales in China because of local consumers' love of high-end French brands.... Read More »
Fiat reassures Italy on jobs as Chrysler merger loomsMay 31, 2013 15:13 CET  Fiat CEO Sergio Marchionne assured Italy's industry minister at that the automaker will not cut jobs in its home market.... Read More »
Fiat reassures Italy on jobs as Chrysler merger looms 9:13 am U.S. ET | May 31, 2013  Fiat CEO Sergio Marchionne assured Italy's industry minister that the automaker will not cut jobs in its home market.... Read More »
Fiat awaits court verdict ahead of Chrysler mergerMay 30, 2013 21:28 CET  Fiat will wait until a legal dispute is resolved between the automaker and the United Auto Workers' retiree healthcare trust before merging with Chrysler, Fiat Chairman John Elkann said.... Read More »
Fiat preparing $10 billion in financing for Chrysler merger, report says 6:36 pm U.S. ET | May 29, 2013  Fiat is in talks for as much as $10 billion in financing from a pool of banks to buy the Chrysler Group stake it doesn't own and refinance the two automakers' debt, people familiar with the matter told Bloomberg on Wednesday.... Read More »
Fiat preparing $10 billion in financing for Chrysler merger, report saysMay 30, 2013 00:36 CET  Fiat is in talks for as much as $10 billion in financing from a pool of banks to buy the Chrysler stake it doesn't own and refinance the two automakers' debt, sources said.... Read More »
Marchionne apologizes to Italian-Americans 12:01 am U.S. ET | May 27, 2013  Never one for PR-speak, Chrysler-Fiat boss Sergio Marchionne was particularly expressive at the Detroit auto show in January when discussing Fiat's new Alfa Romeo high-performance sedans.... Read More »
BMW hints at new superluxury coupe with Pininfarina's touch 1:13 pm U.S. ET | May 24, 2013  BMW unveiled today a concept for a superluxury coupe to rival Daimler's Mercedes-Benz CL model. The BMW Pininfarina Gran Lusso Coupe -- gran lusso is Italian for superluxury -- marks the first time the famed Italian design house Pininfarina has cooperated with the German automaker.... Read More »
BMW hints at superluxury coupe with Pininfarina's touchMay 24, 2013 19:13 CET  BMW unveiled a concept for a superluxury coupe to rival the Mercedes- CL. The BMW Pininfarina Gran Lusso Coupe marks the first time Pininfarina has cooperated with the automaker.... Read More »
Dodge banks on Fast & Furious 6 tie-in to rev up Dart sales 4:02 pm U.S. ET | May 23, 2013  Can the coattails of Fast & Furious 6 and its young, devoted male fans give a boost to Dodge Dart sales? Chrysler Group is counting on it.... Read More »
Marchionne will face gov't pressure to commit to ItalyMay 23, 2013 06:01 CET  The Italian government plans to meet with Fiat CEO Sergio Marchionne over concerns he's shifting the carmaker and heavy truck manufacturer Fiat Industrial away from the country. Fiat Industrial plans for tax purposes to have its fiscal headquarters in the UK, but Fiat has said a move for the carmaker is not on its agenda at the moment.... Read More »
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 »
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