Maserati Ghibli tests Fiat's push into luxuryApril 19, 2013 20:53 CET The Ghibli is an early test of Fiat boss Sergio Marchionne's efforts to squeeze more cash out of the Maserati and Alfa Romeo brands. Maserati faces a difficult balancing act to emulate the success of BMW, Daimler and Audi by rolling out more affordable models aimed at a broader client base.... Read More »
VW hires McNabb from Maserati to extend U.S. sales surgeApril 19, 2013 06:01 CET Volkswagen of America has hired Maserati North America CEO Mark McNabb, a former Nissan and GM sales executive, as its COO.... Read More »
Fiat will add second shift at Maserati factory, report saysApril 19, 2013 09:03 CET Fiat will add a second shift at the Turin factory where it builds Maserati cars, a source said. Fiat is investing 1.2 billion euros in the luxury marque as it seeks to boost global sales from 6,000 last year to 50,000.... Read More »
VW hires McNabb from Maserati to extend U.S. sales surge 9:45 am U.S. ET | April 18, 2013 Volkswagen of America has hired Maserati North America CEO Mark McNabb, a former Nissan and General Motors sales executive, as its COO. McNabb, 51, will start at Volkswagen on May 1. He will report to CEO Jonathan Browning and oversee U.S. sales as VW continues an ambitious growth strategy.... Read More »
Chrysler's Graczyk replaces McNabb as head of Maserati North America 3:28 pm U.S. ET | April 17, 2013 Maserati has named Chrysler executive Robert Graczyk CEO of the company's North America division, effective immediately. Graczyk, former director of sales at Chrysler Group's Asia-Pacific region, replaces Mark McNabb, who left the company to become COO of Volkswagen of America. VW announced McNabb's hiring today.... Read More »
SHANGHAI AUTO SHOW PREVIEW A bevy of crossovers and SUVs will take center stage at China's auto extravaganza 12:01 am U.S. ET | April 15, 2013 Automakers will test China's huge appetite for crossovers and SUVs with introductions this week at the Shanghai auto show. Acura, BMW, Citroen, Mercedes-Benz and Volkswagen plan world debuts for compact crossovers, while Jeep -- which arguably started the SUV craze -- will roll out its new Cherokee.... Read More »
Fiat plans lowball lease to push 500e 12:01 am U.S. ET | April 15, 2013 To make its 500e electric more appealing to shoppers, Fiat will offer the car for the same monthly lease payment as the base 500 with a gasoline engine.... Read More »
Polish car production falls 24% in first quarterApril 10, 2013 13:31 CET Polish car production fell an annual 24 percent in the first quarter following a decision by Fiat to transfer output of its best-selling Panda minicar from Poland to Italy and layoff workers at its Tychy factory.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE How Alfa Romeo plans to triple sales in 3 yearsApril 9, 2013 06:01 CET Skeptics think Fiat CEO Sergio Marchionne's aim to triple Alfa Romeo's global sales to more than 300,000 units by 2016 is too ambitious. But Alfa's European boss, Louis-Carl Vignon, is convinced Alfa has enough fresh products to meet -- and possibly exceed -- Marchionne's target.... Read More »
AUTOMAKERS Fiat says it may need capital hike after Chrysler buyoutApril 9, 2013 15:34 CET Fiat's loss-making European operations will be further weakened by the region's drawn-out auto slump, CEO Sergio Marchionne warned, adding that the carmaker may need to raise capital after it completes a planned buyout of Chrysler.... Read More »
NEW PRODUCT Ghibli will be Maserati's first diesel-powered carApril 9, 2013 12:44 CET Maserati released images of the Ghibli four-door sedan ahead of the car's debut at the Shanghai auto show. The Ghibli will be the first Maserati production car to offer a diesel variant.... Read More »
SALES Fiat turns to Germany as Italy sales seen as worst since 1966April 5, 2013 06:01 CET Fiat, faced with Italy sales that could fall to their lowest level for 47 years, is seeking to boost sales in Germany by offering steeper discounts than any other automaker there. Plummeting deliveries, hit by political turmoil, are upending Italy's auto industry and will hit Fiat, which makes 56 percent of its sales in the country, especially hard. As a result, hundreds of Italian dealerships are closing and factories are running at half capacity.... Read More »
Ferrari sales in Japan hit 12-year high on economic boostApril 4, 2013 10:34 CET Ferrari registrations in Japan surged to the highest in 12 years amid growing optimism Prime Minister Shinzo Abe's push to weaken the yen will help boost the world's third-biggest economy.... Read More »
Chrysler sales up 5%; pickups, mid-sized sedans jump 12:48 pm U.S. ET | April 2, 2013 Record sales of pickups and mid-sized sedans boosted Chrysler Group sales by 5 percent in March, extending a string of consecutive monthly sales increases to 36.... Read More »
Buy a Fiat 500e, use alternate cars for free 12:01 am U.S. ET | April 1, 2013 When it goes on sale this summer in California, the 2013 Fiat 500e electric car will come with an unusual standard feature: another vehicle. 500e buyers may use rental vehicles for up to 12 days a year for free.... Read More »
EDITORIAL Sharing good ideas: What a concept 12:01 am U.S. ET | April 1, 2013 Good ideas can come from anywhere. Companies that break down barriers and collaborate with dealers, suppliers and other partners are stronger competitors.... Read More »
Race rivals McLaren, Ferrari take their spat to the street 12:01 am U.S. ET | April 1, 2013 The tense rivalry of McLaren and Ferrari on the Formula One track will spill onto the streets. Both companies showed million-euro hybrids at the Geneva auto show last month.... Read More »
Marchionne being probed in longtime labor rights dispute, Fiat saysMarch 29, 2013 22:27 CET Fiat CEO Sergio Marchionne is being investigated in Italy over allegations of violation of labor rights in a long-running dispute at a factory near Naples, the automaker said.... Read More »
Marchionne being probed in longtime labor rights dispute, Fiat says 4:27 pm U.S. ET | March 29, 2013 Fiat CEO Sergio Marchionne is being investigated in Italy over allegations of violation of labor rights in a long-running dispute at a factory near Naples, the automaker said.... Read More »
Divorce, Italian style? No, but a design change at FerrariMarch 28, 2013 06:01 CET Since 1951, Pininfarina has designed all Ferrari production cars except the 1973 Dino 308 GT4, which was done by Bertone. But the LaFerrari that debuted at the Geneva auto show this month was styled entirely in-house, and that got tongues wagging.... Read More »
DAVE GUILFORD Why the next wave of Italians is important 12:56 pm U.S. ET | March 27, 2013 The next wave of Italians has arrived, as the wall at the Fiat stand here proclaims: The 500, 500c, 500e and 500L. You might argue there's only one Italian in U.S. Fiat stores -- the 500 -- and that until dealers get some more product, Fiat is extending the brand any which way it can. But there's another side to the proliferation of 500s.... Read More »
INDIA Fiat bets on SUVs and sporty cars in India rebootMarch 27, 2013 10:01 CET Fiat will open a fully-owned dealer network in India almost a year after it ended an unsuccessful partnership with Tata to build and distribute cars in the country. Fiat hopes to crack the world's seventh-largest car market by tapping into fast-growing areas such as SUVs and sporty cars.... Read More »
PRODUCTION Fiat, Serbia said to agree deal to build cheaper 500L for domestic marketMarch 26, 2013 11:15 CET Fiat and Serbia have agreed on a subsidy deal to produce a cheaper version of the 500L minicar for domestic sales, a local newspaper reported. Under the agreement, Fiat's Serbian unit would produce the model for 10,900 euros ($14,200), which is around 3,000 euros less than its regular sticker price.... Read More »
FINAL ASSEMBLY Divorce, Italian style? No, but a design change at Ferrari 12:01 am U.S. ET | March 25, 2013 Since 1951, Pininfarina has designed all Ferrari production cars except the 1973 Dino 308 GT4, which was done by Bertone. But the LaFerrari that debuted at the Geneva auto show this month was styled entirely in-house, and that got tongues wagging.... Read More »
PRODUCTION Fiat's Serbia expects to ship up to 150,000 cars in 2013March 23, 2013 13:29 CET Fiat's Serbian factory, which will export the 500L minivan to the US, expects to deliver 110,000 to 150,000 vehicles this year after six-month orders exceeded targets.... Read More »
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