Fiat has responded to widespread Italian newspaper speculation that a partner for its Fidis Retail Italia finance division is in the offing, issuing a statement that only confirms that evaluations are currently being made

The Fiat Group and Mediobanca are expected to sell the minority stakes the two companies hold in each other as Fiat edge ever closer to repurchasing the Ferrari shares they sold to Mediobanca four years ago

As the Alfa 159 range gets set to be launched locally this week, Fiat Auto South Africa has reported a bumper retail month during May which saw its sales jump by 53 percent when compared with the figures for May 2005

Fiat Auto achieved another very strong sales performance in Italy during May, taking a 30.73 pct share of their domestic market, with the Fiat, Alfa Romeo and Lancia brands all increasing their own market share

Fiat has confirmed that it has signed a letter of intent to sell subsidiary Sestriere Spa which manages the 'Via Lattea' ski resort complex that includes facilities in Sestriere, Sauze d'Oulx, Sansicario, Cesana and Claviere

First phase production of the Fiat Siena in Iran is scheduled to get underway on 22nd September 2006, the beginning of an ambitious plan that will see a range of Fiat Auto models being built in the country

With Alfa Romeo due to return to the North American markets next year, an even more ambitious long-term plan being hatched could see Fiat making their way across the Atlantic, investing in the Ontario region of Canada

Serbian carmaker Zastava is currently in discussions with Fiat Auto about setting up a second model assembly line under licence at its Kragujevac factory, alongside the Fiat Punto which will start production there later this year

Iveco and the Spanish company Santana have signed a Letter of Intent that outlines the general principles for potential long-term product development and collaboration, regarding new solutions in the field of light 4-wheel drive vehicles

During the launch of the new Fiat Ducato X250 range this week Fiat LCV boss Lorenzo Sistino said the the division is targeting an increase of sales to 400,000 units this year, helped by the arrival of new models

Fiat has successfully closed and listed the new 1 billion euro bond issue which is due to mature in November 2011 that it announced and opened to investors at the beginning of this month

It has been reported that the next stage of the new alliance between Fiat Auto and Tata Motors could see production facilities being shared at either Tata's Pune facility or Fiat's unused Ranjangaon plant

Fiat's amazing sales turnaround continued across Europe during April: as the market fell by 7.6 pct and every other major car-making group lost market share, Fiat climbed 12.1 percent and lifted its share by 1.2 percentage points

Following a strong first quarter sales performance in the UK which was driven by customer demand for its new Grande Punto, Fiat Auto UK’s sales success continued in April with the brand more than doubling its market share

Fiat CEO Sergio Marchionne told reporters at Sevel that the outlook for Fiat's Fidis retail finance division was good, and that "the process (of finding a new partner to buy the 51 pct stake) is going very well"

"Dedicated cooperation ventures allow us to share costs and increase volumes for clearly identified projects, while enabling both partners to maintain their independence," said PSA CEO Jean-Martin Folz at the Fiat Ducato X250 launch

"This partnership, which started 28 years ago, is recognized by carmakers, the financial community and the press as an exemplary collaborative relationship," said Fiat CEO Sergio Marchionne during the Ducato X250 launch

The new Fiat Ducato, Peugeot Boxer and Citroën Jumper van range was unveiled this morning as a new industrial agreement for the production of a PSA gearbox in Fiat Auto’s plant in Argentina was announced

The Fiat Auto Light Commercial Vehicle Division had another very strong month of demand in Italy during April, taking over half of all sales in a rising market, with Fiat's Iveco division the next strongest segment player

Fiat announced this morning that the 1 billion euro five-year bond it announced earlier this week has been 'significantly oversubscribed', the offer which is priced at 99.565 percent is expected to close on May 12th