Cars
Fiat-Chrysler CEO to Meet with Italian PM Amid Fears About Automaker's Future in the Country
On Tuesday, two days after two government ministers asked Fiat to clarify its plans, the Italian government announced Prime Minister Mario Monti would meet with Fiat and Chrysler CEO Sergio Marchionne on Saturday, September 22, to talk about the company’s “strategic prospectsâ€. Given that the Fiat Group is the country’s biggest company, the rumors about shutting down some of its Italian plants have caused a lot of concern.
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Fiat Confirms Production Of New 500x And Small Jeep Cuv At Italy's Melfi Plant
With rumors floating around since October, today it was finally confirmed that the Fiat-Chrysler Alliance will build the new Fiat 500X and a closely related Jeep-badged small crossover at the company's Melfi assembly plant in Italy beginning...
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Fiat Pledges To Keep Italian Plants, Shift Focus To Foreign Markets By Building Chrysler Models
As expected after last week’s announcement, on Saturday, Italian Prime Minister Mario Monti met with Fiat CEO Sergio Marchionne and the company's Chairman and heir to the Agnelli family empire, John Elkann, to discuss the automaker’s...
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Report: Fiat To Raise Chrysler Stake To 30 Percent Within The Next Few Weeks
Fiat SpA is planning to increase its Chrysler LLC Group stake to 30 percent in the next few weeks, according to insider sources quoted by Bloomberg news. The Italian company, which currently holds a 25 percent stake in Chrysler, will get an additional...
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Fiat Still Keen On Moving Headquarters From Italy To The Usa, Or So It Claims
In February, at an industry conference, Fiat SpA and Chrysler LLC Chief Executive Officer Sergio Marchionne suggested that that the Italian automaker could eventually merge with its Detroit counterpart and move its corporate headquarters from Turin,...
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Fiat’s Future In Italy Could Be At Stake Due To Disagreements With Unions
As previously reported, Fiat hasn’t been able to secure agreements with all Italian unions regarding a key productivity deal to help the automaker to keep its turnaround strategy on track. With a hard-line union planning a strike later this month,...
Cars