LATEST NEWS
FIAT GROUP INDUSTRIAL & FINANCIAL
13.02.2009

Fiat's potential partner in the US, Chrysler, has just put on hold a joint venture project to build an efficient small car, the Dodge Hornet, that it signed up to with Nissan in April of last year, due to the worsening financial climate Click here to read this news story

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11.02.2009

While BMW confirmed yesterday that talks with Fiat are still ongoing, this morning German media reports emphatically claim that the discussions, which centred around co-operation between the Alfa Romeo and MINI brands, have failed Click here to read this news story

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09.02.2009

While recent media attention has been focused on Fiat's proposed alliance with Chrysler LLC and persistent rumours of a tie up with PSA, reports today suggest that talks with BMW over small platform technology sharing are still on-going Click here to read this news story

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08.02.2009

FIAT AUTO

Fiat's share price closed up by 6.84 percent in brisk trading on Friday after the Italian government finally adopted an emergency plan of incentives to help the automobile sector which has been hit hard by the global economic crisis Click here to read this news story

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06.02.2009

The Serbian privatisation agency says that the 200 million euros that Fiat owes for the purchase of the Zastava factory will be paid by the end of the year and that the planned large scale production plans are still in the pipeline Click here to read this news story

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04.02.2009

Thanks to strong demand for the Fiat 500, Australia's most economical car, and against the overall market trend which saw a 18.2 percent contraction in sales, Fiat car sales in Australia rocketed by 196.2 percent in January Click here to read this news story

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04.02.2009

Chrysler LLC, fighting for its survival, has few options other than a tie-up with Fiat, Sergio Marchionne, CEO of the Italian automaker, in Detroit to study the carmaker's operations told the Detroit Free Press in an interview this week Click here to read this news story

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03.02.2009

According to Fiat CEO Sergio Marchionne, in an interview with the Wall Street Journal, Fiat's planned alliance with Chrysler is a 'lottery ticket' that could be worth nothing if the North American automaker does not recover Click here to read this news story

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03.02.2009

Italian new vehicle registrations tumbled by 32.6 pct last month although Fiat's 50,616 units meant that the domestic carmaker outperformed the overall market's sharp drop to raise its overall share from 31.53 to 32.15 pct year-on-year Click here to read this news story

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01.02.2009

FIAT AUTO

Following a sharp increase in Fiat Group net debt as revealed during the publication of its full year financial report ten days ago it is being reported this weekend that the carmaker is very close to securing a new 3 billion euro credit line Click here to read this news story

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01.02.2009

Fiat and the Serbian government have signed an agreement on the resumption of production of the last generation Punto in Kragujevac; the agreement was signed in Turin in the presence of Serbian Economy Minister Mlađan Dinkić Click here to read this news story

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30.01.2009

Chrysler LLC has reported continued progress in gaining cost concessions from its key constituents as the Company pursues a global strategic alliance with Fiat that will see it getting widespread access to Fiat's platforms and technology Click here to read this news story

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28.01.2009

Chrysler and Fiat will bring seven new vehicles to the US based on four of the Italian car maker's platforms according to Automotive News in a report this week citing sources that have seen the proposed product sharing agreement Click here to read this news story

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27.01.2009

Magneti Marelli and SAIC Motor Corporation have signed up to a new joint venture agreement in China aimed at the production of hydraulic components for the AMT (Automated Manual Transmission) made by Magneti Marelli Click here to read this news story

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27.01.2009

Gűnter Verheugen Vice-President of the European Commission and Commissioner for Enterprise and Industry met at Lingotto with Fiat CEO Sergio Marchionne to discuss the situation of the automotive industry in the European Union Click here to read this news story

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25.01.2009

Chrysler expects to have its first vehicle based on a Fiat on sale in North America within two years according to President and Vice Chairman Jim Press, with initial products being based on the Grande Punto and Panda platforms Click here to read this news story

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24.01.2009

Senior management at design departments at Fiat and Chrysler will begin meeting together within days to start deciding which vehicles and technology from the Italian firm's range will be adapted for the North American market Click here to read this news story

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23.01.2009

Fiat Group CEO Sergio Marchionne who has masterminded the proposed ambitious alliance with Chrysler LLC has made it clear that he has no intention of running the American carmaker if the partnership comes to fruition Click here to read this news story

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22.01.2009

FIAT AUTO

Fiat Group Chairman Luca di Montezemolo has reacted positively to news that the Italian government will consider providing aid to the crisis hit Italian automotive industry when it convenes a special meeting of concerned parties Click here to read this news story

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22.01.2009

Fiat has flatly denied Italian media reports this morning that it was seeking a capital increase to fund a merger or acquisition after a turbulent day on the stockmarket that saw its shares suspended prior to the confirmation Click here to read this news story

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22.01.2009

FIAT AUTO

Fiat Group has reported its Q4 and Full Year 2008 financial results today which see a 69.8 percent fall in Q4 profits to 180 million euros as the worldwide economic slowdown bites into profits while full year profit was 1.72 billion euros Click here to read this news story

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22.01.2009

Just two days after the dramatic alliance with American giant Chrysler was confirmed, Italian media sources claim today that Fiat is also in the process of planning a merger with French car making group PSA Peugeot-Citroën Click here to read this news story

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21.01.2009

In the 24 hours since the proposed alliance between Fiat and Chrysler was announced, the world has pondered the potential of this deal, with the media, analysts, rating's agencies, research agencies and dealers offering their opinions Click here to read this news story

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21.01.2009

Chrysler's newly forged alliance with Fiat SpA should cheer those worried about the fate of Detroit's auto industry, says The Detroit News, the deal should give Chrysler some breathing room to operate as an independent company Click here to read this news story

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21.01.2009

In an open letter to Chrysler stakeholders, Chairman and CEO Bob Nardelli outlines how he believes that the proposed alliance provides significant strategic benefits that support our viability and long-term competitiveness Click here to read this news story

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