Cars
Watching your capitalization lose half of its value is never a good thing – even more so if your company is in the middle of a serious restructure. But that’s exactly what has happened to Fiat S.p.A., and investors are worried, given the weak European market and the problems that the U.S. is currently facing.
- Fiat Group Lowers 2012 Sales Estimate By Half A Million Units
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointmentâ€. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne. The reason is that the Italian group has...
- Fiat Group Loses Big In Europe, Hits A 20-year Low Mark In Italy
Just two days ago, we reported that Fiat Group CEO, Sergio Marchionne, said that he would make the North American market Alfa Romeo’s top priority. Now the Italian automaker’s boss admits that his company is facing huge troubles in Europe...
- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...
- Ford Posts 'only' $1.4 Billion Net Loss In Q1 2009, Significantly Lower Than Q4 2008
Losing money is never a good thing, but in Ford Motor Company's case, the $1.4 billion first quarter net loss was positive news as it was lower than analysts had anticipated and more importantly, significantly improved over the fourth quarter of 2008...
- Fiat Delays Alfa Romeo's U.s. Return Once Again, This Time Until 2011...
In 2006 the Fiat Group had confirmed rumors that it was planning to relaunch its Alfa Romeo brand in the U.S. as soon as 2007. Evidently, that never happened. Since then, the Italians have been constantly pushing back Alfa's return to the U.S. Having...
Cars
Marchionne Says Fiat “Will Meet its Targets for 2011 – For Nowâ€
Watching your capitalization lose half of its value is never a good thing – even more so if your company is in the middle of a serious restructure. But that’s exactly what has happened to Fiat S.p.A., and investors are worried, given the weak European market and the problems that the U.S. is currently facing.
However, the automaker's CEO, Sergio Marchionne, remains optimistic that, despite the stock’s poor performance, profit and sales target for 2011 will be met: “We won’t be reviewing 2011 targets until we close the third quarter. For now, we confirm the targets,†he told reporters at Rimini last Wednesday.
Read more »- Fiat Group Lowers 2012 Sales Estimate By Half A Million Units
A funny t-shirt slogan reads “aim low, achieve your targets, avoid disappointmentâ€. But it would probably be best if you didn’t give it as a Christmas present to Fiat CEO Sergio Marchionne. The reason is that the Italian group has...
- Fiat Group Loses Big In Europe, Hits A 20-year Low Mark In Italy
Just two days ago, we reported that Fiat Group CEO, Sergio Marchionne, said that he would make the North American market Alfa Romeo’s top priority. Now the Italian automaker’s boss admits that his company is facing huge troubles in Europe...
- Report: Fiat Group May Raise Its Chrysler Stake From 20% To 51%
Italian carmaker Fiat may increase its stake in the Chrysler LLC group from 20 per cent it owns today to 51 per cent before an initial public offering (IPO) by the U.S. automaker, the firm's chief executive officer, Sergio Marchionne, told reporters...
- Ford Posts 'only' $1.4 Billion Net Loss In Q1 2009, Significantly Lower Than Q4 2008
Losing money is never a good thing, but in Ford Motor Company's case, the $1.4 billion first quarter net loss was positive news as it was lower than analysts had anticipated and more importantly, significantly improved over the fourth quarter of 2008...
- Fiat Delays Alfa Romeo's U.s. Return Once Again, This Time Until 2011...
In 2006 the Fiat Group had confirmed rumors that it was planning to relaunch its Alfa Romeo brand in the U.S. as soon as 2007. Evidently, that never happened. Since then, the Italians have been constantly pushing back Alfa's return to the U.S. Having...