Friday, May 29
China Germany has set a 2 pm (8 am EDT) Friday deadline for Fiat (FIA.MI: 行情) and Magna (MGa.TO: 行情) to reach preliminary deals with GM and the US government that would allow it to free up the bridge funds. But Fiat Chief Executive Sergio Marchionne said ...
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Auto Observer
Wednesday, May 27
China Under Chief Executive Sergio Marchionne, Fiat is aiming to catapult itself from the world's eleventh largest auto manufacturer to the central player in an alliance that would be No. 2 behind only Toyota Motor Corp (7203.T: 行情). ...
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Auto Observer
Friday, May 22
China Fiat Chief Executive Sergio Marchionne has led a formidable public relations campaign in recent weeks, racing around in a Maserati and his trademark wool sweaters to meetings with top government officials. He was quoted in an Italian newspaper on ...
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Auto Observer
Thursday, May 21
China Speaking to members of the Agnelli family at a private meeting on Wednesday, Fiat Chief Executive Sergio Marchionne expressed confidence in the success of the Italian industrial group's bid. "Fiat has more than a 50 percent chance of pulling off its ...
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Auto Observer
China MILAN (Reuters) - Italian industrial group Fiat SpA (FIA.MI: 行情) has more than a 50 percent chance of succeeding with its plan to tie up with Opel, La Stampa said on Thursday, citing Fiat chief executive Sergio Marchionne. "With Opel we have a chance ...
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Auto Observer
Wednesday, May 20
China German Chancellor Angela Merkel met with top cabinet members to discuss Opel's future after Fiat CEO Sergio Marchionne met with government officials on his bid. The government has said it will examine the bids quickly but completing a deal could take ...
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Auto Observer
Thursday, May 7
China GM wants at least 30 percent of Fiat's car business, known as Fiat Group Automobiles, the New York Times said, citing people close to the negotiations. Fiat Chief Executive Sergio Marchionne, meanwhile, is willing to give up less than 10 percent, ...
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Auto Observer
Tuesday, May 5
China - Emily Chasan, David Bailey Fiat would start with a 20 percent stake in the new Chrysler, which would grow quickly to 35 percent. Fiat Chief Executive Sergio Marchionne is expected to run the merged operations. In court documents, Chrysler also asked the Bankruptcy Court to ...
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China FRANKFURT (Reuters) - Fiat plans to keep all German Opel plants open should its takeover plans for the General Motors unit succeed but would cut staff there, Fiat Chief Executive Sergio Marchionne told a newspaper. "We don't want to close any of the ...
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Auto Observer
Monday, May 4
This includes the potential sale of its German-based Opel unit, possibly to Fiat. Fiat Chief Executive Sergio Marchionne said on Sunday his company could seek a merger with Opel, then spin off and list the combined entity. Combining with Chrysler as ...
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Auto Observer
Sunday, May 3
N: 行情) Europe unit, then spin off the combined company and list it, Fiat said on Sunday. Fiat Chief Executive Sergio Marchionne, fresh from a partnership with ailing US automaker Chrysler, will meet German government ministers on Monday to discuss a ...
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Auto Observer
Friday, May 1
China - Ian Simpson, Simon Jessop MILAN (Reuters) - Italian automaker Fiat SpA's (FIA.MI: 行情) next project is a deal with Germany's Opel after a landmark alliance with US car maker Chrysler, Fiat's chief executive said in an interview published on Friday. Sergio Marchionne told La ...
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Auto Observer
Tuesday, Apr 28
China Fiat's deal with Chrysler would be decided close to the Thursday deadline, Fiat Vice Chairman John Elkann said on Tuesday. "Up till the end, we won't have much detail," he said, adding he was in contact with Fiat Chief Executive Sergio Marchionne. ...
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Auto Observer
Thursday, Apr 23
China Fiat Chief Executive Sergio Marchionne said on Thursday it was premature to consider picking up Chrysler's assets in a bankruptcy proceeding. "Based on what I know today, I see no reason why this should not happen and I can only confirm our unwavering ...
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Auto Observer
China Earlier on Thursday, German magazine Spiegel Online had said that Fiat would sign a letter of intent next Tuesday, citing people close to the negotiations. Fiat Chief Executive Sergio Marchionne said there had not been direct talks with Opel and there ...
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Auto Observer
Tuesday, Apr 21
China Fiat Chief Executive Sergio Marchionne made yet another trip to the United States early this week ahead of the publication of his group's quarterly results on Thursday, when he is expected to give an update on the talks. Italian Prime Minister Silvio ...
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Auto Observer
Monday, Apr 20
China Chief Executive Sergio Marchionne is going to Detroit and Washington, where the government has given Fiat (FIA.MI: 行情) and Chrysler CBS.UL an April 30 deadline to get the US car maker's unions and bondholders to agree the deal, the sources told ...
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Auto Observer
Thursday, Apr 16
China Fiat Chief Executive Sergio Marchionne has criticized the Canadian union, saying that a lack of progress in talks between it and Chrysler had hurt the chances of securing an alliance. But Fiat Chairman Luca Cordero de Montezemolo denied on Friday a ...
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Auto Observer
Wednesday, Apr 15
China Nomura analyst Michael Tyndall said Marchionne was probably not bluffing in talking tough with the unions. "He's playing hardball," he said, adding that the unions' position would make the deal too costly for Fiat. "We want them (Fiat) to walk away . ...
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Auto Observer
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