Fiat

Sell? Grow? IPO? Marchionne ponders Ferrari's future

12:01 am U.S. ET | Sept. 15, 2014
Sergio Marchionne rules out closer ties between Ferrari and Fiat Chrysler Automobiles as he prepares to take direct control of the independently run Italian sports car maker. But what will the Fiat Chrysler CEO do with Ferrari when he replaces longtime chairman Luca di Montezemolo next month?...
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Growing Maserati to add 1st SUV in 2016

12:01 am U.S. ET | Sept. 15, 2014
Maserati, after selling more vehicles in the first half of 2014 than in all of 2013, is on track to reach its goal of 30,000 global sales this year....
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Ferrari turns to turbos and hybrids

12:01 am U.S. ET | Sept. 15, 2014
Ferrari will continue to refine its lineup with new technologies to reduce its fleet carbon dioxide emissions by 20 percent by 2021....
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Ferrari's profit power

12:01 am U.S. ET | Sept. 15, 2014
Ferrari represents a tiny fraction of Fiat Chrysler Automobiles' sales but a significant part of its profits....
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KEITH CRAIN

Chairman's style was part of Ferrari

12:01 am U.S. ET | Sept. 15, 2014
Ferrari has been a unique brand. So far, it has not followed high-end competitors like Porsche into major volume expansions. Maintaining exclusivity was part of Luca di Montezemolo's vision. That will likely change now that he has resigned....
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Ferrari to launch a 10-unit limited-edition model for the U.S.

3:36 pm U.S. ET | Sept. 12, 2014
Ferrari Chairman Luca Cordero di Montezemolo’s last public act at the helm of the Italian supercar maker will be the unveiling of a limited-edition model destined for the U.S. market only....
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GILLES CASTONGUAY

Montezemolo's Ferrari departure no laughing matter

4:48 am U.S. ET | Sept. 12, 2014
After Ferrari Chairman Luca Cordero di Montezemolo said he will no longer lead the sports car brand, he and Sergio Marchionne made a great show of being good friends, but they weren't fooling anyone....
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Fiat awards Ferrari Chairman Montezemolo 27 million euros severance package

Sept. 11, 2014 09:18 CET
Ferrari Chairman Luca Cordero di Montezemolo will receive a severance package worth nearly 27 million euros ($34.89 million). Montezemolo quit after clashing with Fiat Chrysler CEO Sergio Marchionne over the supercar maker's future....
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Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures....
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LUCA CIFERRI

Montezemolo's magic touch

12:01 am U.S. ET | Sept. 11, 2014
When Ferrari Chairman Luca Cordero di Montezemolo officially steps down next month the supercar maker will lose its No. 1 salesman....
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Marchionne to become Ferrari chairman as Montezemolo quits

Sept. 10, 2014 08:57 CET
Luca Cordero di Montezemolo will step down as chairman of Ferrari as of Oct. 13 and will be replaced by Fiat Chrysler CEO Sergio Marchionne, Fiat said....
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LUCA CIFERRI

Montezemolo's magic touch

7:20 am U.S. ET | Sept. 10, 2014
When Ferrari Chairman Luca Cordero di Montezemolo officially steps down next month the supercar maker will lose its No. 1 salesman....
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Ferrari chief near exit over clash with Marchionne, report says

Sept. 8, 2014 17:44 CET
Ferrari Chairman Luca Cordero di Montezemolo is close to leaving the supercar maker because of a clash over strategy with the brand's parent, Fiat, people familiar with the matter said....
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Fiat halts 500L production in Serbia on market slowdown

Sept. 8, 2014 20:32 CET
Fiat has temporarily halted production at its Serbian factory, which builds the 500L, due to the slowdown in European and global markets, the company said....
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Fiat's Marchionne criticizes remarks from head of Ferrari

Sept. 8, 2014 11:50 CET
Fiat CEO Sergio Marchionne criticized remarks by Ferrari Chairman Luca Cordero di Montezemolo after newspapers said Montezemolo might head Italy's Alitalia airline....
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Maserati's secret: Chrysler makes its engine blocks

12:01 am U.S. ET | Sept. 8, 2014
During the summer, workers at Chrysler Group's Trenton Engine Complex in suburban Detroit with no fanfare have been machining aluminum 3.0-liter V-6 engine blocks under the supervision of Ferrari engineers. The blocks are being shipped to Italy, where they will be installed into Maserati's flagship Quattroporte and its new, hot-selling entry-level sedan, the Ghibli....
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Fiat may sell up to $1.04 billion in stock with U.S. listing to reduce debt

Sept. 4, 2014 16:17 CET
Fiat may sell as much as $1.04 billion in shares to reduce debt and gain local investors after the new company formed from merging with Chrysler Group lists stock in the U.S., according to Bloomberg News calculations....
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Fiat investors exercised $610 million exit rights ahead of Chrysler merger

Sept. 4, 2014 09:10 CET
Fiat investors exercised 463.6 million euros ($610 million) in cash-exit rights, just shy of the 500 million euro threshold set by CEO Sergio Marchionne to complete a merger with Chrysler....
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Alfa Romeo readies product offensive

Sept. 1, 2014 06:01 CET
Alfa Romeo has started development on three new models that will be key to the struggling brand's turnaround. The cars are a midsize sedan, a midsize SUV and a flagship large sedan....
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Fiat lineup to add crossover, roadster

12:01 am U.S. ET | Sept. 1, 2014
Next year, U.S. Fiat dealers will add the 500X crossover and a low-volume convertible to their showrooms....
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Alfa Romeo is bound for U.S. but details are scant

12:01 am U.S. ET | Sept. 1, 2014
Fiat Chrysler's ambitious new plan for struggling Alfa Romeo calls for the sporty brand to expand its lineup and switch from front- to rear- and all-wheel drive....
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Fiat clears hurdle on path to Chrysler deal

12:01 am U.S. ET | Sept. 1, 2014
Fiat will spend less than the limit the carmaker set to buy shares from investors who opted to sell ahead of its merger with Chrysler Group, clearing a key hurdle before the deal can close....
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For Alfa dealer, the wait is over

12:01 am U.S. ET | Sept. 1, 2014
From his small dealership between New York City and Connecticut, 78-year-old Alfredo Gulla has waited nearly 20 years for his beloved Alfa Romeo to return....
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Fiat Chrysler sees New York stock market debut on Oct. 13

8:52 am U.S. ET | Aug. 30, 2014
Fiat-Chrysler Automobiles aims to list shares in the newly merged carmaker in New York on Oct. 13, CEO Sergio Marchionne said on Saturday, adding that a decision on any capital increase would be made at the end of that month....
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Alfa dealers urged to offer luxury services

12:01 am U.S. ET | Aug. 30, 2014
Chrysler Group expects Alfa Romeo dealers to provide luxury services -- such as home pickup and delivery for repairs -- despite having only a handful of cars to sell for the next two years....
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