Italy

ChemChina hopes to re-list Pirelli in Italy; says counterbid will hurt investors

March 30, 2015 09:14 CET

The chairman of China National Chemical Corp. (ChemChina), Ren Jianxin, said he hopes to re-list Italy's Pirelli on the Italian stock exchange. A counterbid for Pirelli would hurt the Italian firm's investors and long-term strategy, he warned....
Read More »

LUCA CIFERRI

BLOG: While others stand up, Italy stands aside

12:01 am U.S. ET | March 30, 2015

Formula One tire supplier Pirelli will have a Chinese owner, while Ferrari styling house Pininfarina could be acquired by an Indian company. Ducati, Lamborghini and Italdesign Giugiaro are already in German hands. So why isn't Italy doing what other countries are doing to protect its domestic auto sector?...
Read More »

Pirelli CEO sees strong future with ChemChina, no talks on counterbid

March 27, 2015 12:07 CET

Pirelli has a strong future with China National Chemical Corp. and is not talking to others about a possible counterbid, CEO Marco Tronchetti Provera said. ChemChina agreed to become the majority owner of the world's fifth-largest tire maker in an $8 billion deal. The market speculated that Bridgestone could be putting together a counterbid....
Read More »

India's Mahindra said to be in talks to buy car designer Pininfarina

7:49 am U.S. ET | March 25, 2015

Mahindra & Mahindra, India's largest maker of SUVs, is in talks to buy Italian auto design and engineering company Pininfarina SpA, people familiar with the matter told Bloomberg....
Read More »

Entry-level Jeep Renegade should boost brand in subcompact market

12:01 am U.S. ET | Jan. 23, 2015

The Renegade subcompact SUV is Jeep's latest attempt at an entry-level vehicle. With prices starting at $18,990, including shipping, the first Italian-made Jeep should help the brand thrive in the competitive subcompact market....
Read More »

Fiat-Chrysler sees 1,500 new jobs at Italian plant

Jan. 12, 2015 15:19 CET

Fiat-Chrysler expects to add 1,500 new jobs at its Melfi plant in Italy in response to the success of its new Jeep Renegade and Fiat 500X models. A temporary layoff scheme will also end, allowing 5,418 employees to return to work....
Read More »

Car sales slump in France in December, but rise in Spain and Italy

Jan. 4, 2015 10:53 CET

France's floundering economy pushed car sales 7 percent lower in December, while Spanish sales jumped by 21 percent, helped by a subsidy scheme. Sales rose 2 percent in Italy....
Read More »

Fiat Chrysler says it has no plan to move Ferrari's tax base from Italy

Dec. 11, 2014 16:07 CET

Fiat Chrysler Automobiles denied a report that it is considering moving the tax residence of its Ferrari supercar unit outside Italy. The possibility of the move to save on corporate taxes caused an outcry in its home country....
Read More »

Ferrari said to mull moving fiscal residence outside Italy

Dec. 10, 2014 13:02 CET

Ferrari is considering moving its fiscal residence outside Italy to save on corporate taxes as the supercar maker prepares for its spinoff from Fiat Chrysler Automobiles, sources said....
Read More »

Italy car sales increase 9% in October

Nov. 3, 2014 18:16 CET

New-car sales in Italy rose 9 percent in October. Fiat Chrysler Automobiles' share of the market dropped slightly....
Read More »

Daimler eyes stake in motorcycle maker MV Agusta, report says

Oct. 21, 2014 10:39 CET

Daimler is said to be in talks to take a stake of up to 25 percent in Italian motorcycle maker MV Agusta. Carmakers' interest in motorbike technology is growing as they introduce smaller engines aimed at meeting anti-pollution rules....
Read More »

Germany joins France, Italy in reporting car-sales rebound in September

Oct. 3, 2014 11:23 CET

Germany joined France and Italy in reporting a rebound in new-car registrations last month after poor results in August. Sales in Germany rose 5 percent in September helping to lift nine-month registrations by 3 percent....
Read More »

Italy car sales rise 3% in September

Oct. 1, 2014 19:33 CET

New-car registrations in Italy rose 3 percent in September, according to data published by the country's transport ministry. Full-year sales are seen rising to about 1.35 million, up from the 1.3 million units sold last year....
Read More »

Fiat jobs matter more than HQ location, Italy prime minister says

Sept. 29, 2014 10:26 CET

Italian Prime Minister Matteo Renzi said Fiat Chrysler's decision to have a home base in London matters less than the jobs and opportunities that the combined company will create in Italy....
Read More »

Fiat will suspend Panda production at Italy plant as demand falls

Sept. 19, 2014 18:00 CET

Fiat will temporarily suspend production at its Pomigliano plant in southern Italy from Oct. 16-27 amid weak demand. The Fiat Panda minicar is built at the factory....
Read More »

German, French and Italian car sales fall in August

Sept. 2, 2014 11:25 CET

New-car sales in Germany, France and Italy all fell slightly in August, a seasonally weak vacation month, while Spain's subsidy-led recovery continued....
Read More »

For Alfa dealer, the wait is over

12:01 am U.S. ET | Sept. 1, 2014

From his small dealership between New York City and Connecticut, 78-year-old Alfredo Gulla has waited nearly 20 years for his beloved Alfa Romeo to return....
Read More »

LARRY P. VELLEQUETTE

BLOG: Fiat's cute cartoon characters suggest buying a 500 -- or else

3:38 pm U.S. ET | Aug. 27, 2014

Since Fiat was reintroduced to the United States in 2011, the Italian brand has stretched the advertising envelope. But a new animated spot set to debut on Gas Station TV touting the fuel and ecological advantages of a Fiat 500 minicar may be the brand's most wry offering yet....
Read More »

LINDSAY CHAPPELL

BLOG: Why Americans are rediscovering Italian cars

8:52 am U.S. ET | Aug. 16, 2014

Ferrari, Lamborghini, Maserati, Alfa Romeo, Pagani, Zagato -- those luminary Italian brands barely add up to a percent of a percentage point worth of sales in America. But oh, the mystique....
Read More »

China's Brilliance mulls Italy car plant, prime minister says

Aug. 14, 2014 22:13 CET

Italian Prime Minister Matteo Renzi said that Chinese carmaker Brilliance China Automotive had expressed an interest in opening a plant in Italy. Renzi is trying to encourage foreign investment in Italy, which has fallen back into recession....
Read More »

Strong UK car sales in July part of improving European trend

Aug. 6, 2014 12:33 CET

New-car sales in the UK rose by 7 percent in July, as the country's credit-backed growth continued. The increase follows volume growth last month in Germany, Italy and Spain....
Read More »

Italian car sales rose 5% in July

Aug. 4, 2014 13:49 CET

New car sales in Italy rose 5 percent in July compared to the same month a year ago to 113,777 vehicles...
Read More »

A Renegade prime minister

12:01 am U.S. ET | Aug. 4, 2014

Italian Prime Minister Matteo Renzi, front, checks out rear legroom in the Jeep Renegade with Fiat Chrysler Automobiles Chairman John Elkann....
Read More »

GILLES CASTONGUAY

BLOG: For some investors, Fiat's meeting to approve Chrysler merger felt like a funeral

12:42 pm U.S. ET | Aug. 1, 2014

Fiat shareholders were in a resigned mood when they met to vote on the carmaker's merger with Chrysler....
Read More »

Fiat shareholders approve Chrysler merger

Aug. 1, 2014 08:08 CET

Fiat shareholders approved the automaker's merger with Chrysler in a move that seals the end of Fiat as an Italian company. The new company arising from the merger, Fiat Chrysler Automobiles will be incorporated under Dutch law, based in the UK and listed on the New York Stock Exchange....
Read More »

Latest digital edition
Digital Edition Archive
Table of Contents
 Automotive News
News by Brand