UAW Says Fiat Best Option For Chrysler
Jan 22, 2009
DETROIT, Jan 21, 2009; David Bailey writing for Reuters reported that United Auto Workers President Ron Gettelfinger on Wednesday said an alliance to give Italy's Fiat (FIA.MI) 35-percent of Chrysler LLC was the best deal the U.S. automaker could strike to preserve jobs. "I think we all knew Chrysler needed to partner ... Continue reading
Fiat's Bold Move On Chrysler-Forbes
Jan 21, 2009
The Italian carmaker is taking a big risk in hooking up with the troubled American firm, but the idea looks good on paper. January 21, 2009; Parmy Olson writing for Forbes reported that Fiat may have been tempting fate with its startling announcement Tuesday that it was taking a stake in Chrysler, less than two years a ... Continue reading
Nardelli Sends Open Letter to Chrysler Stakeholders
Jan 20, 2009
Sent Jan 20, 2009, 09:41 AM by Bob Nardelli To All Chrysler Stakeholders: In our continuing effort to build a profitable enterprise for the future, we are announcing today that Cerberus, Chrysler LLC and Fiat S.p.A. have entered into a non-binding term sheet to establish a global strategic alliance. Upon completion of ... Continue reading
Jan 20, 2009
AUBURN HILLS, Mich., Jan. 20 -- Fiat S.p.A., Chrysler LLC (Chrysler) and Cerberus Capital Management L.P., the private investment majority owner of Chrysler LLC, announced today they have signed a non-binding term sheet to establish a global strategic alliance. The alliance, to be a key element of Chrysler's viability ... Continue reading
Fiat to Take 35% Stake in Chrysler
Jan 20, 2009
Turin IT January 20, 2009; The Street.com reported that Italian carmaker Fiat will take a 35% stake in Chrysler but won't inject cash into the troubled U.S. automaker and won't commit to funding Chrysler in the future, according to the terms of a deal agreed to Tuesday, CNBC reports. The deal offers Fiat access to Chry ... Continue reading
Chrysler and Fiat in Talks Says Report
Jan 19, 2009
MILAN, Jan 19, 2009; Gilles Castonguay writing for Reuters reported that Fiat is talking with Chrysler LLC to form a strategic partnership that could lead to the Italian car maker taking a stake in its U.S. peer, an industry publication said, citing people familiar with the matter. Fiat shares were trading 5.52 percent ... Continue reading
Iveco Trakker Eight Wheeler Enters the Mix with Hanson Operator
Jan 16, 2009
Iveco has delivered a new Iveco Trakker 8x4 rigid chassis mounted with a mixer body to Flintshire-based R Wynn Plant Hire, which operates a franchise for Hanson delivering readymix concrete across North Wales and Cheshire. ... Continue reading
Sergio Cravero appointed to head Alfa Romeo
Jan 15, 2009
Sergio Cravero has been appointed Chief Executive Officer of Alfa Romeo Automobiles, where he served as head of marketing prior to today's appointment. Mr. Cravero, 48, was born in Turin and holds a degree in mechanical engineering. He joined Fiat Group Automobiles in 1986 and has held various positions of growing resp ... Continue reading
Statement from the Chief Executive of Fiat, Sergio Marchionne
Jan 15, 2009
The reorganisation announced today represents an important step for Fiat Group Automobiles which will equip it to face future market challenges in the most efficient and immediate manner. ... Continue reading
Sydney Gets A Bambino Police Car!
Jan 9, 2009
Sydney's Leichhardt Police can claim to have what is probably Australia's most visible Police car in the shape of Fiat's Bambino, the new Fiat 500. ... Continue reading
Start 2009 With Italian Rhythm From Just $19,990!
Jan 2, 2009
The Fiat Ritmo, the stylish family hatch with so much Italian 'brio' that its name is the Italian for rhythm, is now available for a limited time from $19,990 driveaway, a saving of more than $7500, enabling the chic Italian to offer an unbeatable combination of value for money, comprehensive equipment and sheer panach ... Continue reading
Top Boxers Weigh-In for Abarth Celebrity Bout at Wembley
Dec 12, 2008
Four current and former British boxing champions will be warming up for a 'bout' with a difference - when they fire-up a Wembley Stadium crowd this weekend with a Race of Champions showdown in new Abarth 500 race cars. ... Continue reading
Fiat 500 Joins the AVIS UK Fleet
Dec 12, 2008
Avis Rent A Car has added the fashionable Fiat 500 to its fleet just in time for Christmas! ... Continue reading
Fiat Fiorino Crowned Van Of The Year 2008
Dec 10, 2008
Fiat Professional, the commercial vehicle arm of Fiat Group Automobiles UK Ltd, is celebrating a stunning result in this year's What Van? Van of the Year awards. ... Continue reading
More And More Models With Fuel-Saving Technology - Bosch Start/Stop Technology In Fiat 500
Dec 9, 2008
Bosch start/stop technology is being fitted to more and more passenger cars. From the early part of next year, Fiat will fit its first model to feature a start/stop system: the Fiat 500. Bosch supplies the specially adapted starter, the engine management system, and the battery sensor. The company has been manufacturin ... Continue reading
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