Former Fiat advisers found guilty of misleading marketFeb. 22, 2013 12:38 CET  Two former Fiat advisers have been handed suspended jail sentences and fines by an Italian appeals court for misleading the market in a 2005 stock transaction that secured the Agnelli family's control of the carmaker.... Read More »
Italy's Brembo sees first-half sales boost as U.S. car demand surgesFeb. 20, 2013 06:01 CET Brembo, the Italian maker of brake systems for Ferrari and Porsche sports cars, is forecasting first-half sales growth as demand jumps in the U.S.... Read More »
LUCA CIFERRI Why Daimler should have more faith in Italy 12:01 am U.S. ET | Feb. 14, 2013  Daimler is one of the companies bracing itself against Italy's possible exit from the euro. The controversial move comes at a tense time for the country.... Read More »
Europe's January car sales offer little hope of recoveryFeb. 14, 2013 06:01 CET LMC Automotive says it sees little hope of auto sales recovering in Europe this year after registrations in January plunged 9.5 percent. LMC predicted western Europe's full-year sales will drop 4.1 percent this year to 11.27 million, the sixth continual year of decline.... Read More »
Renault, Dacia want to expand in fast-growing market for online car salesFeb. 12, 2013 06:01 CET  The Renault and Dacia brands plan to aggressively expand their online car sales, taking advantage of a trend in vehicle retailing that is expected to grow rapidly this decade.... Read More »
Euro zone car markets likely to stabilize by mid-year, VDA saysFeb. 5, 2013 06:01 CET The German automakers association, the VDA, expects euro zone car markets to stabilize in the middle of the year.... Read More »
Fiat set to build Maserati, Alfa Romeo SUVs in TurinFeb. 4, 2013 10:46 CET  Fiat will build Maserati's new Levante SUV at its flagship Mirafiori plant in Turin, union sources said. The automaker may also build an SUV for Alfa Romeo in the same factory, the sources said.... Read More »
Fiat renames Maserati plant after company patriarchJan. 31, 2013 11:33 CET  Fiat has renamed its Maserati plant after company patriarch Giovanni “Gianni” Agnelli. The Italian industrialist and controlling Fiat shareholder served as the company's chairman from 1966 to 1996. He passed away a decade ago this month at age 81.... Read More »
Fiat gets union agreement for layoff scheme at Melfi plantJan. 25, 2013 06:01 CET Fiat has received trade unions' go-ahead for a layoff scheme at its Melfi plant in southern Italy that will allow it restructure the plant before producing a new Jeep and a Fiat model there.... Read More »
Fiat expects full employment of its Italy work force in 3 to 4 yearsJan. 18, 2013 06:01 CET Fiat will reach full employment of its work force at Italian plants in the next three to four years, CEO Sergio Marchionne said.... Read More »
Fiat plans layoffs to ready Melfi plant for new modelsJan. 15, 2013 14:01 CET  Fiat has asked the government to approve a special layoff scheme at its Melfi plant in central Italy for two years to restructure the factory before production of new models begins, the carmaker said on Tuesday.... Read More »
Fiat-Chrysler CEO says Alfa Romeo needs a 'wop engine' 6:02 pm U.S. ET | Jan. 14, 2013  Fiat's new generation of Alfa Romeo high-performance sedans will have a feature that is uniquely described by its CEO -- a "wop engine."... Read More »
Audi names former Lancia boss to head Italy operationsJan. 11, 2013 12:11 CET  Audi has named former Lancia boss Fabrizio Longo to run its Italian operations. Longo was a mentor to current Audi sales boss Luca De Meo when they both worked at Lancia parent Fiat.... Read More »
LUCA CIFERRI Italy's sales decline takes us back to 1979 12:01 am U.S. ET | Jan. 10, 2013  Italy car sales last year fell 20 percent to 1.4 million units, the country's worst result in 33 years. Back then, domestic automakers had a dominating 61.7 percent share of the market, in 2012 they controlled just 29.7 percent.... Read More »
Car slump in France, Spain and Italy spells gloomy 2013Jan. 3, 2013 06:01 CET Car sales in France, Spain and Italy in 2012 fell to the lowest levels in years, with December registration data underscoring the challenges facing the broader European economy.... Read More »
Reinventing Fiat in Europe will be a tough challengeDec. 24, 2012 06:01 CET  Fiat's new Europe chief, Alfredo Altavilla, faces many daunting challenges to turn around the automaker's struggling operations in the region. Company veteran Altavilla, who is CEO Sergio Marchionne's most trusted lieutenant, was named as head of Fiat's Europe, Middle East and Africa region last month.... Read More »
Fiat made-in-Italy Jeeps still leave two plants too manyDec. 22, 2012 06:01 CET  Fiat CEO Sergio Marchionne won support from Italian Prime Minister Mario Monti yesterday for the carmaker's latest effort to shore up domestic operations. The political cameo in southern Italy will do little to overcome the plan's challenges.... Read More »
Fiat to spend 1 billion euros to make Jeeps in ItalyDec. 20, 2012 13:49 CET  Fiat will invest more than 1 billion euros to build compact SUVs for the Fiat and Jeep brands in Italy. The move is key to Fiat's bid to boost capacity usage and end losses in Europe.... Read More »
Marchionne to outline plans to build Jeeps, Fiat SUVs in Italy, report saysDec. 13, 2012 08:34 CET  Fiat CEO Sergio Marchionne will soon give details of his plans for the production of Jeeps and Fiat SUVs at the automaker's factory in Melfi, Italy, sources said.... Read More »
FINAL ASSEMBLY In James Bond style, Italian investor rushes to Aston Martin's rescue 12:01 am U.S. ET | Dec. 10, 2012 Turns out James Bond isn't the only one who's taking a high-stakes ride with Aston Martin these days. On Friday, the Italian private equity firm Investindustrial agreed to pay $241 million for a 37.5 percent share of the carmaker in a deal with majority Kuwaiti owner Investment Dar.... Read More »
Fiat's young boss steers a tough course 12:01 am U.S. ET | Nov. 26, 2012  Whenever Chrysler-Fiat CEO Sergio Marchionne appears in public, TV crews jostle to beam his words around the globe. Amid the push and shove it's easy to miss the tall, curly-headed young man who often looks on from the sidelines. He's John Elkann. And he's Marchionne's boss.... Read More »
LUCA CIFERRI Time is running out for Alfa 12:01 am U.S. ET | Nov. 19, 2012  Alfa Romeo has been a never-ending headache for Fiat CEO Sergio Marchionne. Fiat's sports car subsidiary remains a Rubik's Cube that the workaholic CEO can't seem to solve Luca Ciferri is the editor-in-chief of Automotive News Europe.... Read More »
European car market shrinkage slows in OctoberNov. 16, 2012 08:16 CET  Europe's new car market shrank at a slower pace in October than in recent months, but nearly all major groups still suffered double-digit declines, as consumers showed little inclination to make big-ticket purchases in a slow economy.
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TALK FROM THE TOP: SERGIO MARCHIONNE, CEO, CHRYSLER-FIAT Marchionne: Struggling in Europe, 'comfortable' with Chrysler 12:01 am U.S. ET | Nov. 12, 2012  For Chrysler-Fiat CEO Sergio Marchionne, these are the best of times and the worst of times. While Fiat is being hammered by the economic turmoil in Europe, Chrysler continues to pile up profits and rack up market share gains in the United States.... Read More »
REUTERS SPECIAL REPORT At Fiat, young scion steers tough course as Marchionne's boss 12:01 am U.S. ET | Nov. 10, 2012  Whenever Fiat-Chrysler CEO Sergio Marchionne appears in public, television crews jostle to beam his words around the globe. Amid the push and shove it's easy to miss the tall, curly-headed young man who often looks on from the sidelines. He's John Elkann. And he's Marchionne's boss.... Read More »
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