Cars
Sergio Marchionne, the CEO of Fiat Chrysler Automobiles (FCA), believes Wall Street analysts are drastically underestimating the value of Ferrari, with the executive saying the sports car manufacturer is worth around $15 billion (€10.8 billion), rather than their $4.6 to $7.5 billion evaluations. Read more »
- Recalls Cost Gm $1.2 Billion, Second Quarter Net Income Drops To $0.2 Billion
General Motors said its second quarter net income was $0.2 billion, $1 billion less than in the same quarter last year. The huge drop is due mainly to recalls, estimated to cost $1.2 billion. Read more »...
- Alfa Romeo To Launch A Raft Of New Models In 2016-2018 Benchmarked Against Germany's Best
We won't blame you if you say you've heard this one before and are extremely skeptical, but at the Fiat Chrysler Automobiles investor day presentation, the heads of the group said the company plans to invest €5 billion (around US$7 billion...
- Vw Starts To Feel The Crisis: Q1 Profit Down Almost 50 Percent
Although deliveries and market share are on the rise for the first quarter of 2013, Volkswagen Group posted a profit before tax of €2.7 billion ($3.53 billion), down from €4.2 billion ($5.5 billion) in the same period last year. Profit after...
- Fiat-chrysler Ceo To Announce 2013-2014 Sales Projection On October 30, Attacks Veba
It’s not the best of times to be a Chrysler-Fiat executive, never mind the group's CEO. Sales keep falling due to the European crisis, your Italian factories are operating at less than 50 percent of their capacity and you have postponed the...
- Fiat's Serbian Plant Open For Business, Will Build The New 500l
Italian carmaker Fiat inaugurated its new €1 billion (US$1.31 billion) car production facility in Kragujevac, Serbia, on Monday. More than 150 guests including Mirko Cvetkovic, the Prime Minister of the Republic of Serbia, attended the ceremony....
Cars
Marchionne Says Ferrari is Worth $15 Billion but is Not for Sale
Sergio Marchionne, the CEO of Fiat Chrysler Automobiles (FCA), believes Wall Street analysts are drastically underestimating the value of Ferrari, with the executive saying the sports car manufacturer is worth around $15 billion (€10.8 billion), rather than their $4.6 to $7.5 billion evaluations. Read more »
- Recalls Cost Gm $1.2 Billion, Second Quarter Net Income Drops To $0.2 Billion
General Motors said its second quarter net income was $0.2 billion, $1 billion less than in the same quarter last year. The huge drop is due mainly to recalls, estimated to cost $1.2 billion. Read more »...
- Alfa Romeo To Launch A Raft Of New Models In 2016-2018 Benchmarked Against Germany's Best
We won't blame you if you say you've heard this one before and are extremely skeptical, but at the Fiat Chrysler Automobiles investor day presentation, the heads of the group said the company plans to invest €5 billion (around US$7 billion...
- Vw Starts To Feel The Crisis: Q1 Profit Down Almost 50 Percent
Although deliveries and market share are on the rise for the first quarter of 2013, Volkswagen Group posted a profit before tax of €2.7 billion ($3.53 billion), down from €4.2 billion ($5.5 billion) in the same period last year. Profit after...
- Fiat-chrysler Ceo To Announce 2013-2014 Sales Projection On October 30, Attacks Veba
It’s not the best of times to be a Chrysler-Fiat executive, never mind the group's CEO. Sales keep falling due to the European crisis, your Italian factories are operating at less than 50 percent of their capacity and you have postponed the...
- Fiat's Serbian Plant Open For Business, Will Build The New 500l
Italian carmaker Fiat inaugurated its new €1 billion (US$1.31 billion) car production facility in Kragujevac, Serbia, on Monday. More than 150 guests including Mirko Cvetkovic, the Prime Minister of the Republic of Serbia, attended the ceremony....