Lamborghini's Egoista concept highlights edgy designMay 23, 2013 06:01 CET  The Lamborghini Egoista concept shown earlier this month at the company's 50th anniversary celebration in Bologna, Italy, isn't planned for production, but it does have a purpose: countering critics who think Lamborghini has lost some of its design edginess.... Read More »
Marchionne will face gov't pressure to commit to ItalyMay 23, 2013 06:01 CET  The Italian government plans to meet with Fiat CEO Sergio Marchionne over concerns he's shifting the carmaker and heavy truck manufacturer Fiat Industrial away from the country. Fiat Industrial plans for tax purposes to have its fiscal headquarters in the UK, but Fiat has said a move for the carmaker is not on its agenda at the moment.... Read More »
CARS & CONCEPTS Lambo's design exercise 12:01 am U.S. ET | May 20, 2013  The jet fighterlike Lamborghini Egoista concept shown this month at the company's 50th anniversary celebration in Bologna isn't planned for production, but it does have a purpose: countering critics who think Lambo has lost some of its design edginess.... Read More »
FINAL ASSEMBLY And the condo elevator goes from 0 to 60 in ... 12:01 am U.S. ET | May 20, 2013  Pininfarina, the Italian design house famous for styling Ferrari cars, also does condos.... Read More »
Fiat says headquarters shift to U.S. is not on agendaMay 17, 2013 06:01 CET  Fiat said the idea of moving the group's legal headquarters to the United States following a planned merger with Chrysler Group is not on the company's agenda.... Read More »
Fiat: Shift of headquarters to U.S. not on agenda 8:04 pm U.S. ET | May 16, 2013  Fiat said the idea of moving the group's legal headquarters to the United States following a planned merger with Chrysler Group is not on the company's agenda.... Read More »
Fiat mulls U.S. headquarters after Chrysler merger, report saysMay 15, 2013 16:04 CET  Fiat is considering moving its corporate headquarters to the United States following a planned merger with Chrysler Group, three people familiar with the matter said.... Read More »
Fiat mulls U.S. headquarters after Chrysler merger, report says 10:04 am U.S. ET | May 15, 2013  Fiat is considering moving its corporate headquarters to the United States following a planned merger with Chrysler Group, three people familiar with the matter said. CEO Sergio Marchionne is evaluating the switch from Turin, where Fiat was founded in 1899, to the United States as the carmaker's revenue and profit center shifts to North America, the people said, asking not to be identified discussing the internal deliberations.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE Montezemolo says keeping Ferrari's high profits will be challengingMay 7, 2013 06:01 CET  Ferrari Chairman Luca Cordero di Montezemolo has lived through many highs and lows, both on the racetrack and at the office. Times are good now. Last year, the automaker had record sales of 7,318 supercars and an operating margin of 14.4 percent. Montezemolo expects the automaker's finances to keep improving.... Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE The making of LaFerrariMay 6, 2013 06:01 CET  Ferrari's limited-edition supercars are special. Ferrari Chairman Luca Cordero di Montezemolo says the new LaFerrari is no exception because of features such as the supercar's gasoline-electric hybrid powertrain, F1-inspired carbon fiber cockpit and a state-of-the-art aerodynamics.... Read More »
New LaFerrari blends speed, technology 12:01 am U.S. ET | May 6, 2013  Here is an in-depth look at some of the challenges faced en route to delivering the LaFerrari, the company's fastest, most technologically advanced road car.... Read More »
Q&A: LUCA CORDERO DI MONTEZEMOLO Ferrari CEO aims to boost exclusivity, not unit sales 12:01 am U.S. ET | May 6, 2013  Times are good at Ferrari. Last year, the Italian sports car maker had record global sales of 7,318 units, which is 50 percent more than when Luca Cordero di Montezemolo became CEO in 1991. But Montezemolo, now the company's chairman, has not forgotten the tough times.... Read More »
Dealer fears deepen as Italy car sales fall 11%May 2, 2013 18:31 CET  New car sales in Italy fell 11 percent in April deepening worries that the market will show a big full-year drop..... Read More »
Fiat weighs New York listing following merger with Chrysler, report saysApril 24, 2013 18:19 CET  Fiat may select New York as the primary exchange for its stock after a planned merger with Chrysler Group, sources said. The move would be highly political and symbolic for debt-ridden Italy as it struggles to emerge from a cycle of recessions.... Read More »
FINAL ASSEMBLY In oil-rich Dubai, the cops get to ride in style 12:01 am U.S. ET | April 22, 2013  Dubai, the city with the world's tallest building and a global reputation for showing off its oil money, has a new gambit to wow the tourists: a fleet of $400,000 Lamborghini Aventadors for its police department.... 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 »
SALES Italy's car dealerships decrease 31% in 5 yearsApril 16, 2013 13:48 CET  The number of Italian car dealerships has fallen 31 percent since 2007, including a 7 percent drop last year, according to figures released today by the automotive think tank Quintegia.... 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 »
SALES Weak March dashes recovery hopes for European carmakersApril 3, 2013 08:37 CET European car sales shrank again in March, threatening more losses for carmakers in the region after a dismal 2012, according to figures and forecasts. With euro-zone unemployment at a record high, forecaster LMC Automotive sees this year's sales dropping 3.1 percent in western Europe to 11.4 million vehicles.... 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 »
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 »
Marchionne bets billions on Alfa, Maserati 12:01 am U.S. ET | March 11, 2013  Sergio Marchionne is betting billions that Alfa Romeo and Maserati will help drive Fiat's money-losing European operations back into the black by 2015-16.... Read More »
Marchionne's big gambleMarch 7, 2013 06:01 CET  Fiat CEO Sergio Marchionne is betting billions of euros that Alfa Romeo and Maserati will help drive the automaker's money-losing European operations back into the black by 2015-2016. He's also counting on the underperforming sporty brands to help ignite a production boom that will turn the company's under-used European plants into export champions.... Read More »
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