Italy

NEWS ANALYSIS

For Marchionne, shift in Fiat headquarters risks political pain for tax gain

3:53 pm U.S. ET | Jan. 27, 2014
Fiat boss Sergio Marchionne, the veteran dealmaker who has just wrested full control of Chrysler Group from its union retirees, is about to unveil his next trick: moving the group's 115-year-old headquarters out of Italy....
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Brembo's Bombassei becomes billionaire on brakes for Ferrari, Porsche

Jan. 25, 2014 06:15 CET
Italian brake supplier Brembo established its foothold in racing 40 years ago with Ferrari. Since then, Brembo has expanded into a business that has made the company's chairman, Alberto Bombassei, a billionaire....
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Fiat's Mirafiori production revamp imminent, union sources say

Jan. 8, 2014 11:20 CET
Fiat Group will begin modifying production lines at its Mirafiori plant near Turin very soon, union sources said. The plant is expected to build the Maserati Levante SUV, which will go on sale next year....
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Lamborghini unveils Gallardo replacement

Jan. 8, 2014 06:01 CET
The new 601-hp Lamborghini Huracan is the latest in the automaker's line of supercars. The mid-engined coupe replaces the most successful Lamborghini model of all time, the Gallardo....
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Lamborghini unveils Gallardo replacement

12:01 am U.S. ET | Jan. 8, 2014
The new 601-hp Lamborghini Huracan is the latest in the automaker's line of supercars. The mid-engined coupe replaces the most successful Lamborghini model of all time, the Gallardo....
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Car-sales rise in southern Europe fails to halt regional decline in 2013

Jan. 6, 2014 10:15 CET
A rise in December new-car sales in France, Italy and Spain points to a pick-up in demand in southern Europe, although not enough to avoid a sixth straight annual decline in the overall European market in 2013....
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Fiat-Chrysler likely to list stock in New York, further sidelining Italy

Jan. 6, 2014 06:01 CET
CEO Sergio Marchionne's merger of carmakers Fiat and Chrysler will probably entail a share listing in the United States that cements North America as the group's new center of gravity and further sidelines Italy....
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Fiat-Chrysler likely to list stock in New York, further sidelining Italy

3:47 pm U.S. ET | Jan. 5, 2014
CEO Sergio Marchionne's merger of carmakers Fiat and Chrysler will probably entail a share listing in the United States that cements North America as the group's new center of gravity and further sidelines Italy....
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Fiat says Italian plants strategy is showing 'positive' results

Dec. 20, 2013 16:42 CET
The first results of Fiat's move to use its plants in Italy to focus on higher-margin brands and build vehicles for export are encouraging, Fiat Chairman John Elkann and CEO Sergio Marchionne said....
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Fiat takes aim at Daimler to win car-sharing customers in Italy

Dec. 17, 2013 06:01 CET
Fiat will support the Enjoy car-sharing service with a fleet of its top-selling four-seat 500 minicar, which will be offered to users at a lower price than the two-seat Smart ForTwos from Daimler's Car2Go program....
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Fiat said to invest 9 billion euros to end Europe dip, revive Italy plants

Dec. 9, 2013 08:49 CET
Fiat Group plans to invest as much as 9 billion euros ($12.3 billion) on new models to end European losses in three years and revive nearly empty Italian factories, two people familiar with the matter said....
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Italy slump continues as November car sales fall 5%

Dec. 3, 2013 09:55 CET
New-car sales in Italy fell 5 percent in November continuing a slump in deliveries in Europe's fourth-largest car market....
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Fiat declines to take part in reorganized Italian auto show

Nov. 16, 2013 10:02 CET
Fiat said it will not take part in Italy's only annual car show next year, dealing a further blow to the event that was cancelled this year due to a lack of exhibitors....
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Italian car show finds new home in Milan for 2014

Nov. 16, 2013 06:01 CET
Italy's only annual car show will take place in Milan next year, moving from Bologna after this year's event was cancelled due to a lack of exhibitors in a moribund local market....
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Italian car show finds new home in Milan for 2014

Nov. 15, 2013 17:09 CET
Italy's only annual car show will take place in Milan next year, moving from Bologna after this year's event was cancelled due to a lack of exhibitors in a moribund local market....
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Fiat plans to offer car-share services in Milan

Nov. 8, 2013 08:51 CET
Fiat will shortly join Daimler in offering car-share services in Milan as automakers seek new ways to attract young drivers who can't afford to buy cars in crisis-hit southern Europe....
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Italy's car market shows no sign of recovery, Fiat's Altavilla says

Nov. 7, 2013 13:05 CET
Italy's car market shows no signs yet of recovery, unlike other key countries in Europe, Fiat's Europe chief, Alfredo Altavilla, said. He confirmed that Fiat aims to reach breakeven in Europe in 2015 or 2016....
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Fiat buys remainder of diesel maker VM Motori from GM

Oct. 29, 2013 06:01 CET
Fiat Group has acquired the remaining half of VM Motori, a diesel engine manufacturer, from GM for 34.1 million euros....
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Sogefi's third-quarter profit rises on business outside Europe

Oct. 23, 2013 06:01 CET
Italian supplier Sogefi posted third-quarter net profit that rose 24 percent to 7.6 million euros, boosted by its business outside Europe....
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Agnelli heir Lapo Elkann says he was sexually abused as a child

Oct. 18, 2013 21:20 CET
Lapo Elkann, the brother of Fiat Chairman John Elkann, said he was sexually abused as a teenager while at boarding school....
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Agnelli heir Lapo Elkann says he was sexually abused as a child

3:20 pm U.S. ET | Oct. 18, 2013
Lapo Elkann, the brother of Fiat Chairman John Elkann and an heir to Italy's biggest industrial dynasty, said in an interview published on Friday that he was sexually abused as a teenager while at boarding school....
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Fiat union plans to push UAW to help end Chrysler deadlock

9:20 am U.S. ET | Oct. 16, 2013
Fiat's union leaders plan to meet top officials at the UAW next week in a bid to bridge an impasse over the Italian carmaker's effort to merge with Chrysler Group LLC....
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Bologna auto show cancelled due to lack of exhibitors

Oct. 8, 2013 16:52 CET
Italy's only annual car show, which is held in Bologna, has been cancelled this year because of a lack of exhibitors....
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VAT hike limits Italy's September car sales decline to 3%

Oct. 2, 2013 06:01 CET
A hike in VAT helped to limit Italy's decline in car sales in September to 3 percent by artificially inflating demand....
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Pope Francis to drive 'popemobile' in Vatican City

10:58 am U.S. ET | Sept. 12, 2013
Pope Francis plans to drive around Vatican City at the wheel of a "popemobile" that is a lot like him: frugal, clad in white, and with a fair bit of mileage....
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