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Thursday, May 14
Opel Takeover Plans Due From Fiat, Magna Next Week - Ward's Auto
Opel Takeover Plans Due From Fiat, Magna Next Week Fiat CEO Sergio Marchionne is looking to add Opel to his empire after gaining clearance last week from a US bankruptcy judge to potentially build a future stake of as much as 35% in Chrysler LLC. He also wants GM's Latin American operation, ...
Friday, May 8
GAZ Denies Interest in Opel as Russian Vehicle Sales Continue to ... - Ward's Auto
Ward's Auto (subscription), MI GM is looking to sell Opel as part of an effort to stave off bankruptcy in the US, and Fiat Auto Group CEO Sergio Marchionne has been meeting with German government officials to explore forming an alliance with Opel. Fiat also currently is pursuing an ...
Wednesday, May 6
Magna Mum on Opel Play; Reports $200 Million Q1 Loss - Ward's Auto
Fiat Auto Group has said it wants to take over Opel, with the backing of billions of euros in loan guarantees from European Union. Fiat CEO Sergio Marchionne presented his plan to German government officials on Tuesday, a day after Magna confirmed its ...
Tuesday, May 5
UAW Confident in Fiat-Led Chrysler - Ward's Auto
UAW Confident in Fiat-Led Chrysler The embattled UAW leader, who says he is optimistic about the future of a Chrysler-Fiat alliance and supportive of Fiat CEO Sergio Marchionne, staunchly defends a pre-bankruptcy deal that would give the union-sponsored trust a 55% stake in the ...
Fiat Poland Sees Increased Output Due to Scrappage Schemes - Ward's Auto
Of the total 112346 Fiat- and Abarth-badged vehicles exported in the first quarter, Italy was the main destination, accounting for 61661 units. Germany follows as the second-largest export market thanks to the country's scrappage scheme. ...
Thursday, Apr 30
Fiat Lands Italian Aid Following Tongue Lashing by Marchionne - Ward's Auto
By Keith Nuthall Fiat SpA secures E46 million ($61 million) in state aid from Italy to retool its Termini Imerese plant in Sicily on the heels of a complaint by CEO Sergio Marchionne that his company was being disadvantaged by government handouts to ...
Monday, Apr 27
Italian Stocks - Factors to watch on April 27 - Ward's Auto
ID:nwat011343] Fiat's Iveco plans to cut about 1000 jobs at a plant in Spain to reduce costs in the face of a severe sales slump, a spokesman for the truck division said on Sunday, confirming a news report. [ID:nlq573982] Fiat has pledged to maintain ...
Sunday, Apr 26
Piaggio Ready to Take on World With New Porter CV - Ward's Auto
“I know that not all the heavy-duty truck dealers will be valid for selling our small vehicle, but some of them will do,” says Fenoglio, who once headed up sales and marketing for Fiat SpA's Iveco SpA CV arm and is expected to focus his recruitment ...
Friday, Apr 17
Bertone Cento Styling Studio Spawned in Battle Over Italian Design ... - Ward's Auto
Joining Centro Stile Fiat as director in 2005, he shepherded designs for the Fiat Ducato light-commercial vehicle and the interior of the Fiat Grande Punto. Bertone Cento is committed “to bring Bertone design and engineering back into the heart of the ...
Sunday, Apr 12
How Small Can GM Get? - Ward's Auto
How Small Can GM Get? CEO Sergio Marchionne has been doing the same at Fiat the last few years. Automotive strategies are changing now that the Obama Admin. has a new department, identified by New York Times columnist David Brooks as the President’s Office of People Who Are ...
