Marchionne cuts 500 million euros from Fiat's European investmentsJune 15, 2012 08:19 CET  Fiat is cutting investments in Europe by 500 million euros ($632 million) on expectations that the region's auto market won't recover in the second half. "The capital expenditure reduction is about half a billion euros from what we planned last year for 2012 in Europe," CEO Sergio Marchionne said.... Read More »
LUCA CIFERRI An Alfa built in Japan is not such a bad thing 12:01 am U.S. ET | May 29, 2012  Fiat has said Alfa Romeo's new roadster based on the next Mazda MX-5/Miata will be produced by the Japanese automaker. My answer to all those scandalized by the idea of the heir to the legendary Alfa Duetto Spider sharing a production line with the MX-5 is: where it is built does not guarantee success, as past Alfas have shown.... Read More »
LUCA CIFERRI An Alfa built in Japan is not such a bad thing 12:01 am U.S. ET | May 29, 2012  Fiat has said Alfa Romeo's new roadster based on the next Mazda MX-5/Miata will be produced by the Japanese automaker. My answer to all those scandalized by the idea of the heir to the legendary Alfa Duetto Spider sharing a production line with the MX-5 is: where it is built does not guarantee success, as past Alfas have shown.... Read More »
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