Fiat

Fiat goes Dutch with first annual investor meeting in Amsterdam

6:38 am U.S. ET | April 16, 2015

After a century of meeting in Italy, Fiat shareholders convened today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district. Only 10 investors attended the session....
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DAVE GUILFORD

BLOG: Why we won't 'put' credence in GM-FCA merger talk

10:26 am U.S. ET | April 15, 2015

General Motors is unlikely to entertain a merger with Fiat Chrysler after the sour end to the GM-Fiat Alliance in 2005. That's when Sergio Marchionne forced GM to pay $2 billion to avoid buying Fiat Auto....
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Marchionne will show data supporting industry need for consolidation

11:51 am U.S. ET | April 15, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne says he will produce data to back up his ongoing calls for consolidation in the auto industry....
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NEWS ANALYSIS

Marchionne wants to complete mega deal before stepping down, report says

11:32 am U.S. ET | April 13, 2015

Fiat Chrysler CEO Sergio Marchionne is hoping for a big deal, possibly in the United States, to plug the carmaker's weaknesses and cement his legacy before stepping down in early 2019, sources familiar with the situation told Reuters....
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Fiat Chrysler's Elkann sees more consolidation in auto industry

2:13 pm U.S. ET | April 13, 2015

Fiat Chrysler Automobiles Chairman John Elkann sees the need for more combinations in the auto industry and expects consolidation to continue. Elkann said industry mergers should take into account the importance of identity and culture, "avoiding the all too typical divisive trappings of a takeover."...
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Fiat Chrysler plans $3 billion bond offering to refinance debt

5:08 am U.S. ET | April 9, 2015

Fiat Chrysler plans to issue $3 billion in bonds that may be used to refinance debt at the former Chrysler Group, Bloomberg reported. The offering would be the company's second debt deal since Fiat's merger with Chrysler....
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Why every luxury automaker wants to make a million-dollar car

10:15 am U.S. ET | April 9, 2015

The past few years have seen an explosion of royals and tycoons around the globe who buy entire fleets of supercars -- fueling a race among small and large automakers to build land rockets that costs more than a million dollars.....
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Fiat Chrysler plans $3 billion bond offering to refinance debt, report says

April 9, 2015 11:08 CET

Fiat Chrysler plans to issue $3 billion in bonds that may be used to refinance debt at the former Chrysler Group, Bloomberg reported. The offering would be the company's second debt deal since Fiat's merger with Chrysler....
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New Alfa Romeo engines will be built in Italy

April 8, 2015 17:27 CET

Fiat Chrysler said two high-performance engines that will play an important role in Alfa Romeo's global relaunch will be built at the automaker's plant in Termoli, Italy....
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Maserati adds dealers, awaits Levante

12:01 am U.S. ET | April 4, 2015

Although it is moving more slowly than expected, Maserati plans to increase its US dealership count to 125 as it prepares to launch the Levante full-size crossover....
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Alfa Romeo sedan, SUV coming to U.S. by 2017, Bigland says

1:31 pm U.S. ET | April 2, 2015

After the 4C Spider arrives stateside this summer, Alfa Romeo will begin to flesh out its U.S. lineup with a new sedan and SUV arriving by the first quarter of 2017....
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MARCH U.S. AUTO SALES

FCA, Toyota, Hyundai rise as industry ekes out another advance

8:30 am U.S. ET | April 1, 2015

U.S. auto sales rose for the 13th-straight month in March as the industry rode improving weather and strong truck sales to a slim advance despite declines by some major players....
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Canadian sales edge higher

4:17 pm U.S. ET | April 1, 2015

Canadian auto sales rose in March from a year earlier, industry data showed today, even as several major manufacturers, including General Motors and Toyota, reported declines....
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Automakers issue non-discrimination statements in wake of Indiana controversy

2:57 pm U.S. ET | April 1, 2015

Four major automakers with operations in Indiana have made public commitments this week to non-discrimination in response to the state’s recently passed Religious Freedom Restoration Act....
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Fiat to halt output at Brazil factory on slumping demand

April 1, 2015 09:45 CET

Fiat Chrysler will halt production at a plant in Brazil due to lower demand and high stock levels. Fiat joins VW in cutting output as car sales slump in the country....
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JAMES B. TREECE

BLOG: Care about new-car sales? Keep an eye on CPO sales

12:53 pm U.S. ET | March 30, 2015

Can the robust CPO market handle the rising tide of used-vehicle supply? That's one of the critical questions facing everyone in the used-car market -- and the new-car market, too....
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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?...
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FCA dealers strain to deliver 5-year winning streak

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

Fiat Chrysler will achieve five full years of U.S. monthly sales gains — if it can post an increase for March. The streak has been propelled by daunting sales goals set for each dealership. For a typical mid-sized store, about $100,000 of net profit is in play each month....
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Back to 2007 market share, but with one big difference

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

When its string of consecutive monthly year-over-year sales gains began in April 2010, what is now Fiat Chrysler was, literally, a different company....
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LUCA CIFERRI

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....
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Georgia trial renews demand by safety advocates for recall of older Jeeps

3:34 pm U.S. ET | March 26, 2015

The Georgia trial over the death of 4-year old Remington Walden in 2012 is renewing demand by safety advocates for a massive recall of older Jeeps....
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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....
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LARRY P. VELLEQUETTE

BLOG: There is a ton of dealer profit riding on FCA's Wrangler decision

1:58 pm U.S. ET | March 18, 2015

Deep in the bowels of Fiat Chrysler headquarters in Auburn Hills -- or Turin, or London -- the automaker's brain trust is making its final call about what to do with the Wrangler plant in Toledo, Ohio....
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FCA axes Chrysler in UK to focus on Jeep

March 17, 2015 18:35 CET

Fiat Chrysler Automobiles is ending sales of Chrysler cars in the UK to focus on its Jeep brand. FCA sells the U.S.-built Chrysler 300C sedan and Voyager large minivan in the UK, alongside the Lancia Delta compact and Ypsilon subcompact cars, which are both rebadged as Chryslers....
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Maserati cuts output as demand slows for Ghibli, Quattroporte, union says

March 16, 2015 17:34 CET

Fiat Chrysler Automobiles is cutting Maserati production as demand for the brand's luxury sports cars slows after record sales last year, according to a union at the automaker....
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