LATEST NEWS
FIAT GROUP INDUSTRIAL & FINANCIAL
31.10.2006

CHERY AUTOMOBILE

Fiat Auto and Chery Automobiles today announced the signing of a Memorandum of Understanding that will see Chery supplying 1.6 and 1.8 litre petrol engines for use in Fiat cars to be produced in China and elsewhere Click here to read this news story

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30.10.2006

CHERY AUTOMOBILE

Ambitious Chinese carmaker Chery Automobile Co is the latest firm to be linked to a possible new strategic co-operation deal with Fiat Auto, according to media reports today which quote the company's senior executives Click here to read this news story

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28.10.2006

THE WALL STREET JOURNAL

"Steering Clear: Auto Outsider Gets Fiat Going By Flouting Industry Traditions" The influential Wall Street Journal put Fiat CEO Sergio Marchionne on its front cover last Thursday as well as running an in-depth profile Click here to read this news story

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27.10.2006

FIAT AUTO

Fiat Auto South Africa and Nissan South Africa have announced their decision to terminate their assembly and parts distribution agreements on 31 August 2007, a year earlier than the scheduled termination date Click here to read this news story

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26.10.2006

FIAT GROUP

FIAT GROUP Q3 FINANCIAL REPORT: Fiat sees continuous growth in revenues and trading profit during the third quarter of 2006, with revenues up 11.4 pct to 11.8 billion euros and trading profit up 84 pct to 427 million euros Click here to read this news story

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25.10.2006

FIAT AUTO

Fiat Auto plans to invest US$1 billion in South America as it seeks to gain a 15 percent slice of the regional action, an ambitious plan that envisions the carmaker making a direct assault on the lucrative Mexican market Click here to read this news story

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18.10.2006

FIAT GROUP

The Fiat Group share price surged by almost 10 percent today on the Milan Bourse as rumours rapidly spread that further asset disposals were planned, possibly surrounding the Iveco trucks and buses division Click here to read this news story

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13.10.2006

FIAT AUTO

Fiat Auto continued its impressive sales run in September and ended the month as the best performing carmaker across Europe, up by 14.6 percent year-on-year while most of its main rivals remained static or fell Click here to read this news story

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07.10.2006

FIAT AUTO

During September, and for the eighth consecutive month, Fiat consolidated its position as the best selling brand in Brazil, while for the first time since it was launched ten years ago the Palio hatchback topped its category Click here to read this news story

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06.10.2006

FIAT AUTO

Fiat Auto’s strong resurgence in a ‘flat’ UK market, has just been confirmed by its September sales result, up by a remarkable 66% (11,411 units) compared to the same month last year (6,864 units) Click here to read this news story

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05.10.2006

FIAT AUTO

Fiat Auto turned in another very positive performance in its home market last month, as it posted a 5.93 percent year-on-year rise just as the overall Italian market was falling once again, this time by 3.24 percent Click here to read this news story

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30.09.2006

Ferrari

Fiat has come to agreement to repurchase the 28 percent of Ferrari shares which are currently held by a consortium of bank headed by Mediobanca, raising its interest in the Maranello sports car maker to 85 percent Click here to read this news story

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21.09.2006

IVECO

Naveco – a Chinese joint venture company between Iveco and the Nanjing Automotive Corporation Group – has acquired the commercial vehicle-related businesses of the Yuejin Motor Corporation Click here to read this news story

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16.09.2006

FIAT AUTO

Fiat Auto's European market sales revival continued during July and August with all the Auto Division brands' posting healthy gains against a difficult backdrop which saw the overall European new car market contracting year-on-year Click here to read this news story

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14.09.2006

Ferrari

Fiat CEO Sergio Marchionne confirmed yesterday that the Turin carmaking group will buy back a stake in Ferrari from investment bank Mediobanca by the end of September, reports Italian news agency ANSA Click here to read this news story

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14.09.2006

FIAT GROUP

Fiat will sign two major partnership accords during the official China trip, one in Nanjing between Iveco and Nanjing Automobile Corporation (NAC) and another in Beijing between Fiat and China's SAIC Motor Corporation Click here to read this news story

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10.09.2006

TOFAS

Italian daily newspaper Il Giornale last week suggested that Fiat is planning to take a controlling interest in Tofaş, its Turkish joint venture, although Turin was very swift to dismiss the report as a "baseless rumour" Click here to read this news story

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08.09.2006

TATA MOTORS

Fiat CEO Sergio Marchionne said earlier this week that the Italian carmaker is set to become involved in Tata Motor's ambitious plans to build a new low cost entry-level car that will cost around R 1 lakh Click here to read this news story

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07.09.2006

IBM

IBM has fully acquired Global Value Solutions SA, a Belo Horizonte, Brazil-based IT services provider serving the small and medium business market, which since 2001 has been a 50-50 joint venture by IBM and Fiat Click here to read this news story

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06.09.2006

FITCH RATINGS

Leading international credit rating agency, Fitch Ratings, has announced that it has changed its outlook on Fiat from “stable” to “positive”, while also confirming its short and medium term ratings for the Fiat Group Click here to read this news story

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02.09.2006

FIAT AUTO

Italian new car registrations dropped 2.26 pct last month, although Fiat Auto once again strongly outperformed the overall market with Fiat up 11.53 pct, Alfa Romeo up 26.78 pct and Lancia up 11.69 pct Click here to read this news story

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31.08.2006

FIAT AUTO

Fiat Auto has set itself a target of grabbing 5 percent of the rapidly-growing Russian new car market by 2010, through its new joint-venture operation with Severstal Auto, a figure that will equate to around 80,000 units Click here to read this news story

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22.08.2006

FIAT AUTO

Fiat Auto wants to significantly raise its level of exports to Germany - Europe's biggest new car market - and become one of the country's main car importers by 2008 said Werner Frey the CEO of Fiat Automobili AG Click here to read this news story

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20.08.2006

FIAT AUTO

Fiat are presently in negotiations with Tata Motors which will see the former's production facility at Córdoba in Argentina brought back to full life building a range of utility vehicles after receiving a US$100 million investment Click here to read this news story

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14.08.2006

SEVERSTAL AUTO

A brand new factory at Yelabuga in Russia which will assemble the Fiat Ducato van is set to be completed by early next summer, the Head of the Federal Agency for Special Economic Zones, Yury Zhdanov, said this morning Click here to read this news story

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