Cars
Fiat Open to Talks with Volvo for a Possible Partnership
With the European market in a recession, Fiat is actively looking to form some kind of cost-saving alliance with another manufacturer. After GM turned down Fiat's offer for Opel opting to tie-up its troubled European operations with PSA Peugeot Citroen instead, the company's CEO Sergio Marhionne (who denied having spoken to the French before GM did) is now open to courting Volvo.
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Gm May Be Forced To Write Down Psa Peugeot Citroen Investment, But Will Hold On To The Alliance
Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one spot in world car sales, General Motors formed an alliance with PSA Peugeot Citroen last March. On paper, it was...
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Fiat-chrysler "willing" To Form An Alliance With Opel, Gm Says It's Not Interested
In 2000, General Motors and Fiat formed an alliance in which the American company gained 20 percent of the Italian manufacturer’s shares in exchange for 5.1 percent of its own stock. Among other projects, the two companies jointly developed the...
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Fiat Embarks On A New Journey With Dodge-based Freemont 7-seat Crossover
Sergio Marchionne's plans to infuse the Fiat Group' portfolio with North American models and the Chrysler Group's lineup with European products are starting to take shape with the presentation of the new Fiat Freemont, which is nothing more...
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Breaking: Fiat Group Submits Offer For Gm's Opel And Vauxhall Units
Italy's Fiat Group has just issued a 'Spartan' press release announcing that today it has officially submitted an offer for General Motors' European businesses of Opel and Vauxhall. The Italian automaker did not disclose any details whatsoever...
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Fiat Denies Reports That It Has Come To An Agreement With Chrysler Unions
The Fiat Group has just issued a statement through the company's official spokeperson rejecting a report from the Italian news agency ANSA claiming that American and Canadian car unions had approved a deal between Chrysler and Fiat. The news agency...
Cars