Fiat

Ferrari IPO filed in New York to raise funds for Fiat Chrysler

July 23, 2015 12:45 CET

Fiat Chrysler Automobiles' plan to raise money for expansion by spinning off Ferrari took a step forward with the automaker filing the unit's initial public offering on the New York Stock Exchange....
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Ferrari files for IPO to raise funds for Fiat Chrysler

8:49 am U.S. ET | July 23, 2015

Fiat Chrysler Automobiles NV's plan to raise money by spinning off Ferrari took a step forward with the automaker filing for the unit's initial public offering on the New York Stock Exchange....
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FCA recalls 144,416 Dodge Journeys to secure engine cover

3:53 pm U.S. ET | July 22, 2015

Fiat Chrysler is recalling an estimated 144,416 Dodge Journey models in the U.S. to better secure their engine covers....
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Senate bill aims to secure cars from hackers, protect consumer privacy

3:12 pm U.S. ET | July 22, 2015

A bill proposed by two U.S. senators would direct NHTSA and the Federal Trade Commission to establish rules that would secure cars against hackers and protect consumer privacy. The proposal comes as Fiat Chrysler offers a software patch to close a loophole that let two hackers take control of a moving Jeep SUV....
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Mini, Subaru, Scion improve the most in J.D. Power APEAL Study

10:00 am U.S. ET | July 22, 2015

Mini, Subaru and Scion had the biggest improvements in J.D. Power's latest study of new-vehicle appeal. Porsche was the overall leader for the 11th consecutive year....
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Jeep hacking prompts FCA software update to enhance security

4:15 pm U.S. ET | July 21, 2015

Fiat Chrysler released a security patch after friendly hackers exposed a startling vulnerability in the company’s Uconnect infotainment system. The hackers were able to shut down a Jeep SUV while it was traveling on the highway....
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Fiat plans Abarth variant of 124 Spider

12:30 pm U.S. ET | July 21, 2015

The upcoming Fiat 124 Spider, based on the Mazda MX-5 Miata, will spawn a high-performance model, Alfredo Altavilla, COO of Fiat Chrysler’s Europe, Africa and Middle East region, told England’s Auto Express in an interview....
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FCA consent order would be ‘a strong outcome,’ NHTSA chief says

4:15 pm U.S. ET | July 20, 2015

NHTSA chief Mark Rosekind says the agency is talking with Fiat Chrysler about a settlement to a dispute over the automaker’s handling of recalls, but hasn’t yet reached an agreement....
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Ferrari recalls 814 supercars for improper airbag installations

10:51 am U.S. ET | July 17, 2015

Luxury supercar maker Ferrari is recalling 814 vehicles, costing from $200,000 to more than $1.4 million, to fix driver-side airbags that were installed at an improper angle....
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FCA, VW, GM lead Strategic Vision quality survey

8:00 am U.S. ET | July 17, 2015

U.S. customers are happiest with vehicles from Fiat Chrysler Automobiles, Volkswagen and General Motors, according to a survey of new car and light-truck buyers....
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Maserati sales will resume in India

July 15, 2015 16:16 CET

Fiat Chrysler will resume sales of its Maserati sports cars in India, nearly three years after troubles with its former partner forced it to leave the market. Growth in luxury car sales in India has outpaced sales of other passenger vehicles over the last few years....
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Marchionne wants UAW to embrace flexible pay as talks begin

4:20 pm U.S. ET | July 14, 2015

Fiat Chrysler CEO Sergio Marchionne, speaking at the ceremonial opening of UAW negotiations, said pay increases for workers should be in the form of profit-sharing and other flexible compensation to avoid locking in higher costs during an industry downturn....
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Curse of the $16.5 million Ferrari pits tycoon against an auction house

July 11, 2015 06:15 CET

Following 16 years of lawsuits and ownership claims from Paraguay to Switzerland, the fate of a 1954 Ferrari 375 Plus roadster, which Victoria's Secret founder Les Wexner thought he bought last year for 10.7 million pounds ($16.5 million), is finally coasting toward resolution in a London court....
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Ferrari IPO filing to come in days, Marchionne says

5:11 pm U.S. ET | July 10, 2015

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles, is close to filing for an initial public offering, Fiat Chrysler CEO Sergio Marchionne said....
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Marchionne bets Maserati can replace Ferrari as a prestige profit driver

7:46 am U.S. ET | July 8, 2015

Fiat is spinning off Ferrari later this year, losing its top luxury brand. CEO Sergio Marchionne badly needs Maserati to fill the vacuum....
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LUCA CIFERRI

BLOG: Alfa's last chance?

12:01 am U.S. ET | July 8, 2015

Fiat Chrysler CEO Sergio Marchionne hopes that his 5 billion-euro ($5.3 billion) bet on Alfa Romeo will result in eight new models, a sales boost, and an end to financial losses at the brand. If I were Marchionne, I would be very worried about not achieving those ambitious goals – and I'm not alone....
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LUCA CIFERRI

BLOG: Alfa's last chance?

12:01 am U.S. ET | July 8, 2015

Fiat Chrysler CEO Sergio Marchionne hopes that his 5 billion-euro bet on Alfa Romeo will result in eight new models, a sales boost, and an end to financial losses at the brand. If I were Marchionne, I would be very worried about not achieving those ambitious goals – and I'm not alone....
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Ferrari picks UBS for stock listing, report says

2:58 pm U.S. ET | July 7, 2015

Ferrari SpA, the supercar maker being spun off by Fiat Chrysler Automobiles, picked UBS Group to help manage its initial public offering in New York later this year, people with knowledge of the matter told Bloomberg....
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JASON STEIN

BLOG: Did Piech's prodding revive Alfa?

4:56 am U.S. ET | July 7, 2015

So now that the Alfa Romeo plan is more fully hatched and the strategy is clear -- horsepower and hair-raising versions come first, and mainstream models follow -- here's a nagging question: Do we have Ferdinand Piech to thank for all of this?...
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Mini, Lexus, BMW stores most-improved in responding to potential buyers

8:18 am U.S. ET | July 6, 2015

Mini, Lexus and BMW dealerships achieved the industry's biggest improvements in building rapport with potential buyers, while Mercedes-Benz stores led the way for a seventh-consecutive year, according to a newly released study....
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FROM THE PUBLISHER

Did Piech's prodding revive Alfa?

12:01 am U.S. ET | July 6, 2015

So now that the Alfa Romeo plan is more fully hatched and the strategy is clear -- horsepower and hair-raising versions come first, and mainstream models follow -- here's a nagging question: Do we have Ferdinand Piech to thank for all of this?...
Read More »

Ferrari's value to exceed $11 billion in IPO, Marchionne says

2:04 pm U.S. ET | July 3, 2015

Fiat Chrysler's CEO expects the company's Ferrari supercar unit to be valued "at least" at $11 billion in an initial public offering scheduled for year end....
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FCA outsells Ford on retail side for first time? Not so fast

1:30 pm U.S. ET | July 2, 2015

June wasn't the first month that Fiat Chrysler outsold its bigger rival Ford on a retail basis in the U.S. In fact, it's happened at least twice before, says FCA -- once in November 2006, and again during one of the most tumultuous months for the industry in recent history, February 2009....
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Legendary car designer Giugiaro quits company that bears his name

12:42 pm U.S. ET | July 2, 2015

Legendary car designer Giorgetto Giugiaro, whose work includes the original VW Golf and first Fiat Panda, has resigned from Italdesign Giugiaro, the styling and engineering company he founded in 1968....
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Car design legend Giugiaro quits company he founded

July 2, 2015 18:42 CET

Legendary car designer Giorgetto Giugiaro, whose work includes the original VW Golf and first Fiat Panda, has resigned from Italdesign Giugiaro, the styling and engineering company he founded in 1968....
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