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FIAT GROUP INDUSTRIAL & FINANCIAL
20.03.2009

Fiat has hired Virginia-based Environ Holdings Inc to conduct a thorough safety and environmental review of Chrysler LLC's array factories and facilities this week and assess the liabilities that could arise if the deal goes ahead Click here to read this news story

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19.03.2009

Citing the global economic downturn, Chery Automobile and Fiat Group Automobiles have now put on ice a proposed joint venture project that was centred around plans to start up production of the Fiat and Alfa Romeo brands in China Click here to read this news story

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19.03.2009

Fiat has promoted a special event to signal the importance of the Colombian market in its growth plans for Latin America, launch new models and to announce that Colitalia Autos S.A. is to be its new official representative in the country Click here to read this news story

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18.03.2009

Chrysler LLC CEO Robert Nardelli believes the ailing carmaker can survive with or without the help of Fiat and that the proposed deal with the Italian firm will be worth between US$8 and US$10 billion in terms of the technology it brings Click here to read this news story

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17.03.2009

According to local media reports Guangzhou Automobile Industry Group Co has firmed up outline plans for a joint venture with Fiat in China building on negotiations that have been going on between the two since late last autumn Click here to read this news story

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17.03.2009

The US Treasury Department is still open minded about whether or not it will approve the proposed alliance between Chrysler LLC and Fiat according to the top official leading the Obama administration's auto task force Click here to read this news story

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14.03.2009

With 87,635 registrations in February Fiat Group consolidated its position as the fourth best selling car making group in Europe, putting more daylight between itself and GM and Renault both of which it has leapfrogged this year Click here to read this news story

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13.03.2009

Fiat has denied this morning's reports that a proposal has been drafted for a potential merger between the Italian car maker and French group PSA Peugeot-Citroën although the denial in the statement wasn't overly emphatic Click here to read this news story

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13.03.2009

According to an Italian media report this morning a plan for a merger between Fiat and PSA Peugeot-Citroën has been drawn up and is now being considered by Fiat CEO Sergio Marchionne who will decide whether to present it to the Fiat board Click here to read this news story

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13.03.2009

Fiat Automóveis saw 44,980 vehicles registered in Brazil during February, a growth of 3.9 percent in comparison with January, and a total that put it above the average rise of the total new vehicle market which grew by 0.9 percent Click here to read this news story

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11.03.2009

79TH GENEVA MOTOR SHOW AND ACCESSORIES

Fiat Group CEO Sergio Marchionne has said that he will "fight like hell" to keep the Italian carmaker in profit this year and was critical of the industry executives who were already forecasting losses at their own companies this year Click here to read this news story

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05.03.2009

Fiat CEO Sergio Marchionne was upbeat about the prospects of forging a meaningful alliance with Chrysler LLC after a face-to-face meeting with the US Treasury's department's automotive task force in Washington this afternoon Click here to read this news story

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04.03.2009

79TH GENEVA MOTOR SHOW AND ACCESSORIES

Chrysler's Vice-President Jim Press said at the Geneva Motor Show this week that talks with Fiat aiming towards the proposed alliance are on-going at that he is confident that all the barriers to the deal can be overcome in time Click here to read this news story

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04.03.2009

79TH GENEVA MOTOR SHOW AND ACCESSORIES

Fiat Group CEO Sergio Marchionne will be crossing the Atlantic this week to try to convince US government representatives that his plan to strike a deal with Chrysler LLC offers the best way forward for the struggling American carmaker Click here to read this news story

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02.03.2009

Italy suffered another month of sharply falling car sales during January, however Fiat Group with 53,138 registrations across its brands outperformed the overall market to raise its share from 31.08 to 32.15 percent year-on-year Click here to read this news story

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01.03.2009

Stalled plans by Fiat and Tata Motors to jointly build off-road capable vehicles at the former's factory at Córdoba in Argentina have reopened and are reaching a advanced stage with the first vehicles set to be launched by the end of the year Click here to read this news story

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21.02.2009

Fiat Group on Friday announced that it had obtained a 1 billion euro credit line as it prepares to meet debt obligations that fall due for repayment this year; however the announced new finance was much smaller than had been expected Click here to read this news story

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20.02.2009

Tofaş, Fiat's joint venture car manufacturing company in Turkey, has posted a slightly lower than predicted full year net profit for 2008 as it begins to suffer from the steeply falling demand for new vehicles both at home and abroad Click here to read this news story

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18.02.2009

Chrysler Viability Plan (II): Cutting-edge Fiat technology to play a key role as Chrysler gets ready to launch 24 new vehicles during the next 48 months with eight of these new products due to arrive in the next year and a half Click here to read this news story

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18.02.2009

Chrysler Viability Plan (I): The 177-page report outlines the benefits of an alliance with Fiat that would create the world's sixth largest automaker with a complimentary geographical presence and provide a springboard for expansion Click here to read this news story

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18.02.2009

Chrysler LLC has submitted its viability plan to the U.S. Treasury Department, outlining its plans to: enhance its product line-up; complete its ongoing aggressive restructuring; and achieve cost reducing concessions from stakeholders Click here to read this news story

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17.02.2009

It's crunch time today for Chrysler LLC as the floundering carmaker goes to Capitol Hill to justify a further US$3 billion bailout that is a conditional part of any proposed alliance with Fiat, although little firm detail of the deal is expected Click here to read this news story

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14.02.2009

The deal that will see Fiat taking a 35 percent stake in Chrysler LLC and providing a wealth of technology won't be finalised by the time the American automaker presents its viability plan to the US Treasury Department on Tuesday Click here to read this news story

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13.02.2009

BMW and Fiat yesterday both moved quickly to deny German media reports that claimed the co-operation talks centering around sharing components and technology that begun last summer had come to an inconclusive end Click here to read this news story

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13.02.2009

Car sales lost a massive 27 pct across Europe in January, however Fiat, which was down 26 pct, was able to report some very good news as it leapt into fourth place, overtaking Renault and GM, both of whom had torrid months Click here to read this news story

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