Cars
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 future in the country. The meeting was arranged after rumors surfaced that Fiat, which is expected to lose around €700 million (US$904.5 million) this year due to a sales slump in the European market, is considering closing some of its plants and moving production out of Italy.
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Fiat's Lapo Elkann "loves This Fiat 127 Prototype"
Lapo Elkann, the grandson of Fiat scion Gianni Agnelli, brother of Fiat Chrysler Automobiles Chairman John Elkann, and heir to Italy's biggest industrial dynasty, has given his seal of approval for David Obendorfer's independently-made 127 concept....
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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-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...
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Marchionne Says Fiat May Close Two Italian Plants If U.s. Export Plans Fail
Fiat CEO Sergio Marchionne may have succeeded in signing a deal with the Italian worker unions, yet decreasing demand in the struggling European market may still force him to take extreme measures. And while Marchionne does not expect the situation in...
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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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