Fiat introduces new Internet portal
TURIN - Fiat Auto has launched a business-to-business Internet portal called Fast Buyer that will offer e-procurement services to the Fiat group and to external clients. Fast Buyer will combine purchasing activities with Unindustriua, a Turin-based industry group that acts as a consortium to purchase materials for the metal-working sector.
The new portal aims to become Italy's market leader with a A15 billion turnover and 10,000 companies online.
Buyers must wait for Mercedes C-class
FRANKFURT - German customers face a four-month wait for the new Mercedes-Benz C-class. 'We will reach full production capacity in six months, but we are unable to satisfy customer demand,' said Jurgen Hubbert, head of Mercedes-Benz passenger cars at DaimlerChrysler. 'We will do everything we can to keep delivery in an acceptable time frame.' Dealers took more than 40,000 orders before the car arrived in showrooms last month.
ARA gains top suspension status
Allevard Rejna Autosuspensions (ARA), established on May 31, has become Europe's No.1 producer of elastic automotive suspension components (helical springs, stabilizer bars and torsion bars). The company also ranks No. 4 in the world.
The new company is owned by Sogefi, Italy's second largest components maker behind Magneti Marelli.
ARA was created through the merger of Sogefi's two existing suspension component makers, Rejna of Italy and Amsu of France, with Allevard Ressort Automobile, bought in late 1999 from the French iron and steel group Usinor. ARA expects sales of A260 million this year.