Gasgoo.com (Free subscription) | 21/11/2009
Fiat SpA may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, Chief Executive Sergio Marchionne said on Friday. Keeping all the factories open "is a request that is not feasible," Marchionne, who is also head of U.S.
eGMCarTech (Free subscription) | 19/11/2009
Former Fiat SpA marketing executive and Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sports car brand, reports Automotive News. Rossignolo plans to build 8,000 De Tomaso cars a year in a former Pininfarina factory near Turin. 79-year Rossignolo said that he plans to offer a three-model range of aluminum premium vehicles. He bought [...]
eurocarblog (Free subscription) | 19/11/2009
Fiat could return to the difficult Korean car market after a ten year absence, partnering with Cosmos Automobile as the local import company of choice. Another possibility would be a partnership with[...]
Detroit Free Press (Free subscription) | 18/11/2009
Chrysler Group LLC, in a step that will help Fiat SpA increase its controlling stake, plans to invest $179 million in the next five years in a Dundee factory to build the Italian company's 4-cylinder, 1.4-liter engines.
Gasgoo.com (Free subscription) | 18/11/2009
Chrysler Group LLC, in a step that will help Fiat SpA increase its controlling stake, plans to invest $179 million in the next five years at a Michigan factory to build the Italian company's 4-cylinder, 1.4-liter engines.
Times of India (Free subscription) | 17/11/2009
The prototypes of the first ever made-for-India car from Italian auto giant Fiat SpA will arrive in India in a year's time for extensive road trials.
Indian Express (Free subscription) | 14/11/2009
Fiat India Automobiles Ltd, which is a 50-50 industrial joint venture between Fiat Group Automobiles SpA and Tata Motors Ltd, will start export of its luxury hatchback Grande....
INAUTONEWS (Free subscription) | 12/11/2009
Chrysler Group LLC is cooling to the idea of U.S. assembly and sales of Alfa Romeo sports cars, the premium brand of new parent Fiat SpA, under a five-year business plan that focuses on domestic models. Chrysler’s five-year plan to return to profit and repay government loans assumes delivering 70,000 Alfa Romeos in 2014, out of [...] > Read complete article inside...
Gasgoo.com (Free subscription) | 12/11/2009
Chrysler Group LLC is cooling to the idea of U.S. assembly and sales of Alfa Romeo sports cars, the premium brand of new parent Fiat SpA, under a five-year business plan that focuses on domestic models.
INAUTONEWS (Free subscription) | 11/11/2009
Looks like Ferrari is considering introducing turbo powered engines on future cars. Ferrari engine developer Jean-Jacques His said the biggest problem the firm faced was lag. “Turbocharging will come eventually, but we need to solve the issue of turbo lag,” he told Autocar. It’s unlikely that Ferrari will be using Multiair, the Fiat Group’s variable valve technology, [...] >...
Climateer Investing (Free subscription) | 11/11/2009
Reuters reporting of A123's earnings (loss) yesterday was nonsensical so we didn't link to the original story, update 1 or update 2. Here's update 3. The stock is down over 5% this morning. From Reuters: UPDATE 3-A123 posts loss, revenue beats Wall St * Q3 loss/share $1.78 vs $2.06/share loss a year ago * Q3 revenue $23.6 mln vs $19.2 mln Wall Street estimate * Shares slip 1.6 percent to $17.70 in...
Detroit News Online (Free subscription) | 10/11/2009
Chrysler Group LLC is restructuring its electric program as it works to develop hybrids and electric vehicles for its own brands as well as for partner Fiat SpA.
Detroit News Online (Free subscription) | 10/11/2009
Chrysler Group LLC is restructuring its electric program as it works to develop hybrids and electric vehicles for its own brands as well as for partner Fiat SpA.
Gasgoo.com (Free subscription) | 08/11/2009
Chrysler has disbanded a team of engineers dedicated to rushing a range of electric vehicles to showrooms and dropped ambitious sales targets for battery-powered cars set as it was sliding toward bankruptcy and seeking government aid. The move by Fiat SpA (FIA.
CARSCOOP (Free subscription) | 07/11/2009
Just over a year ago, the Chrysler Group's newly formed Envi division unveiled a series of production-based electric cars that it planned to put on sale. Fast forward a few months, Chrysler went in and out of bankruptcy, sealed a deal with the Fiat Group and then, in August 2009 under the leadership of its new CEO, Sergio Marchionne, secured a $73...
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