Fiat said to invest 9 billion euros to end Europe dip, revive Italy plantsDec. 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.... Read More »
LUCA CIFERRI Fiat's loveless marriage to Alfa 12:01 am U.S. ET | Dec. 5, 2013  There has always been bad chemistry between Fiat and Alfa. Fiat's mass-market focus simply does not sit well with Alfa's great history of technical innovation and extreme performance. But Fiat refuses to dispose of it, despite strong interest from Volkswagen.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Alfa's revised plan focuses on new rwd/awd architecture 12:15 am U.S. ET | Dec. 2, 2013  The revised Alfa Romeo plan that Fiat boss Sergio Marchionne is expected to announce next April focuses on a new rear-wheel- and all-wheel-drive architecture that the automaker hopes will boost Alfa's global presence.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Marchionne will unveil 4th relaunch plan for AlfaDec. 2, 2013 06:15 CET  Fiat CEO Sergio Marchionne hopes that betting billions of euros on Alfa Romeo in his fourth relaunch plan will help reverse a decade of losses and six years of collapsing sales at the sporty brand.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Marchionne will unveil 4th relaunch plan for struggling Alfa 12:15 am U.S. ET | Dec. 2, 2013  Fiat CEO Sergio Marchionne hopes that betting billions of euros on Alfa Romeo in his fourth relaunch plan will help reverse a decade of losses and six years of collapsing sales at the sporty brand.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Alfa's revised plan focuses on new rwd/awd architectureDec. 2, 2013 06:15 CET  The revised Alfa Romeo plan that Fiat boss Sergio Marchionne is expected to announce next April focuses on a new rear-wheel- and all-wheel-drive architecture that the automaker hopes will boost Alfa's global presence.... Read More »
LUCA CIFERRI Fiat's loveless marriage to Alfa 12:15 am U.S. ET | Dec. 2, 2013  There has always been bad chemistry between Fiat and Alfa. Fiat's mass-market focus simply does not sit well with Alfa's great history of technical innovation and extreme performance. But Fiat refuses to dispose of it, despite strong interest from Volkswagen.... Read More »
ANE monthly e-magazine goes live MondayNov. 29, 2013 06:01 CET  The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Dec. 2. This edition looks at Fiat-Chrysler CEO Sergio Marchionne's new plan to relaunch struggling Alfa Romeo.... Read More »
Chrysler IPO delayed by U.S. tax issue, sources sayNov. 27, 2013 06:01 CET  Chrysler Group has abandoned plans for an initial public offering this year so it can sort out a U.S. tax issue, said two sources familiar with the process.... Read More »
Chrysler IPO delayed by U.S. tax issue, sources say 6:17 am U.S. ET | Nov. 26, 2013  Chrysler's timeline hit a snag due to complications involving the conversion of the company from a limited liability company to a C corporation, sources told Reuters.... Read More »
Fiat says no Chrysler IPO in 2013 5:00 am U.S. ET | Nov. 25, 2013  The planned stock market listing of Fiat's U.S. unit, Chrysler, will not take place this year, the Italian carmaker said today, prolonging the uncertainty over its chances of buying out the rest of the company.... Read More »
Fiat seen gaining upper hand with Chrysler valued at $10 billionNov. 22, 2013 06:01 CET Fiat is set to gain the upper hand in negotiations to buy a health-care trust's holding in Chrysler Group if the final value for the U.S. carmaker remains around the $10 billion level currently being discussed.... Read More »
Fiat dealers have chance to get Alfa 12:01 am U.S. ET | Nov. 4, 2013 Chrysler-Fiat CEO Sergio Marchionne acknowledges a conflict over whether Maserati or Fiat dealers will sell Alfa Romeos in the United States, but said his plan is that “the best performing Fiat dealers will be the ones that will be entitled to have a crack at Alfa Romeo distribution.”... Read More »
Alfa focuses on flexible platform 12:01 am U.S. ET | Nov. 4, 2013  Fiat is developing a new strategy to fix its struggling Alfa Romeo brand, said Fiat-Chrysler CEO Sergio Marchionne.... Read More »
Marchionne says he is ready to carry out Chrysler IPO in 2013Oct. 31, 2013 14:27 CET  Fiat Group CEO Sergio Marchionne says he is working "diligently" to prepare a possible share sale by Chrysler Group within the year.... Read More »
Marchionne promises reworked plan for Alfa, entire Fiat GroupOct. 31, 2013 12:45 CET  Fiat-Chrysler CEO Sergio Marchionne has promised his fourth revival strategy in nine years for the struggling Alfa Romeo brand. Alfa's future is a key part of Marchionne's effort to turn around Fiat Group, which just lowered its profit target for 2013 because of persistent losses in Europe.... Read More »
Marchionne vows never to repeat mistakes from Cherokee launch 11:21 am U.S. ET | Oct. 30, 2013  Chrysler Group CEO Sergio Marchionne today acknowledged mistakes in the way the company developed and launched the 2014 Jeep Cherokee, and vowed to never repeat them. "What we've learned is that we'll never repeat it," he said.... Read More »
Chrysler Q3 net income climbs 22% to $464 million 6:41 am U.S. ET | Oct. 30, 2013  Chrysler said net income rose to $464 million in the third quarter as strong sales of pickups and SUVs offset delays in launching the 2014 Jeep Cherokee. The third-quarter profit -- the company's ninth consecutive quarter in the black -- was up 22 percent from the $381 million profit it posted during the same quarter of 2012... Read More »
Fiat lowers 2013 profit target as quarterly earnings declineOct. 30, 2013 16:04 CET  Fiat Group has lowered its profit target for 2013 as sales in Brazil slumped and losses in Europe persisted.... Read More »
Fiat nears deal to build Jeep Cherokee in China, sources sayOct. 29, 2013 13:49 CET  Sergio Marchionne is finalizing a deal with local partner Guangzhou Automobile to make the Jeep Cherokee SUV in China, sources say.... Read More »
Marchionne pins teenage Alfa Romeo dreams on Chrysler cashOct. 17, 2013 16:13 CET  Sergio Marchionne wants to return Alfa Romeo to its former glory as the brand he remembers from his youth. But to do that, he first needs cash from Fiat-controlled Chrysler Group.... Read More »
Marchionne pins teenage Alfa Romeo dreams on Chrysler cash 10:13 am U.S. ET | Oct. 17, 2013  Ever since Sergio Marchionne saw “The Graduate” in the 1960s, he's had a soft spot for Alfa Romeo, the maker of the Spider Duetto convertible Dustin Hoffman's character drove in the film. Four decades later, Marchionne is the CEO of Alfa Romeo's parent Fiat and wants to return the struggling brand to its former glory, but to pull it off he needs cash from Fiat-controlled Chrysler.... Read More »
Fiat union to meet U.S. counterpart to push for Chrysler mergerOct. 16, 2013 12:19 CET  Fiat labor bosses will meet United Auto Workers union officials next week in Detroit in a bid to bridge an impasse over Fiat's efforts to merge with Chrysler.... Read More »
Sergio's delicate balance: Tout it or talk it down? 12:01 am U.S. ET | Oct. 14, 2013  Chrysler CEO Sergio Marchionne has a thorny job in the upcoming road show to sell Chrysler stock. Talk it up ... but not too up.... Read More »
Fiat denies report Marchionne made comments on Chrysler IPO 9:06 pm U.S. ET | Oct. 9, 2013  Fiat denied a report by broker Sanford C. Bernstein that CEO Sergio Marchionne had made comments discouraging investors from taking part in Chrysler Group's initial public offering. In a statement on Thursday, Fiat said the Bernstein report misrepresented the presentation CEO Sergio Marchionne gave at a Fiat investor meeting.... Read More »
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Special Report
 Dealer aims to create a 'place of delight'Bernie Moreno has expanded the suburban Cleveland-based Collection Auto Group from a single store in 2005 to 21 dealerships today. Mon., December 9» Watch the Video |
