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  • October 25, 2014
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  1. Business - Companies - CARS

    Fiat reaches US$4.35 billion deal to fully take over Chrysler

    Posted Jan 02nd 2014, 11:50am by Reuters

    ... Reuters in Milan and Detroit Italian carmaker will pay US$4.35 billion to acquire the portion of Chrysler it does not already own, paving the way for a full merger Italian carmaker Fiat ... carmakers’ resources. The agreement, announced on Wednesday, cements Marchionne’s reputation as the industry’s consummate dealmaker about a decade after he took the helm of Fiat as a newcomer ...

  2. Business - Companies

    Amid organisational plans and charts, never underestimate the importance of one man's leadership

    Posted Jan 07th 2014, 11:44am by Stephen Vines

    ... that was supposed to be dying. However, someone prepared to dirty his hands at the sharp end of business challenged these widely held assumptions. On January 20, the Italian Fiat group is expected ... at Fiat-Chrysler, a new range of innovative and well-received vehicles has emerged, demonstrating that this company has managed to roar back under the leadership of Sergio Marchionne, its Canadian-Italian ...

  3. Business - Companies

    Fiat wins partial victory in bid to own all of Chrysler

    Posted Jul 31st 2013, 11:09am by Reuters

    ... Reuters in New York Fiat won a partial victory on Tuesday in its path to a full buyout of Chrysler after a US judge accepted the Italian carmaker’s legal positions in two pivotal disputes ... Chrysler shares to Fiat for US$139.7 million, as the Italian carmaker had sought in its lawsuit filed last year. Instead, Parsons said certain questions need to be answered through discovery ...

  4. Business - Companies

    Profit warning at thriving Chrysler hits parent Fiat

    Posted Jul 31st 2013, 11:04am by Reuters

    ... Reuters in Milan and Detroit Fiat’s US unit Chrysler, which generates most of the group’s net profit, cut its profit forecast as it struggled to fill orders due to parts shortages, hitting the Italian automaker’s shares. Chrysler’s booming US sales have compensated for Fiat’s losses in Europe, where demand hit a 20-year low in the first half of the year. Fiat-Chrysler chief executive ...

  5. Business - Companies

    Fiat halts new investments pending clarity on labour law

    Posted Jul 10th 2013, 10:39am by Reuters

    ... Reuters in Atessa and Turin New investment from Fiat, Italy’s largest employer, crucial to bolstering the country’s economy Fiat will put new investments on hold until it gets a clearer ... last week that a clause in the country’s labour law from the 1970s allowing automaker Fiat to bar the Fiom metalworkers’ union from representing workers on its factory floor violated ...

  6. Business - Comment - IN BUSINESS

    Power of a strong personality on show at revitalised Fiat

    Posted Jan 08th 2014, 01:01am by Stephen Vines

    ... on show at revitalised Fiat This is a tale that should warm the hearts of everyone who is sceptical about the ability of business schools to teach you the essentials of business or sufficiently ... that was supposed to be dying. However, someone prepared to dirty his hands at the sharp end of business challenged these widely held assumptions. On January 20, the Italian Fiat group is expected ...

  7. Business - Companies

    Fiat chief’s dealmaking record at stake with Chrysler offering

    Posted Sep 25th 2013, 11:29am by Reuters

    ... Reuters in Milan and Paris Fiat boss Sergio Marchionne’s decision to push ahead with a Chrysler IPO he does not want has raised the stakes in a buyout dispute with the US carmaker’s ... Fiat, filed paperwork late on Monday in a step towards the flotation of shares held by the United Auto Workers, which owns the rest of Chrysler through its retirees’ healthcare trust. Group CEO ...

  8. Business - Companies - TAKEOVERS

    Fiat raising US$10b for full move on Chrysler

    Posted May 31st 2013, 12:00am by Reuters

    ... Reuters in New York Fiat raising US$10b for full move on Chrysler Fiat is in talks for as much as US$10 billion in financing from a pool of banks to buy the Chrysler stake it doesn't ... the discussions are private. Other banks could also take part in the financing, one of the people said. Chief executive Sergio Marchionne, who runs Fiat and Chrysler, has spent the past four years ...

  9. Business - China Business - CARS

    Fiat revs up plans to build Jeep in China

    Posted Oct 23rd 2012, 12:00am by Sophie Yu, Bloomberg

    ... Bloomberg and Sophie Yu As SUV sales roar despite gridlock and rising fuel costs, carmaker in talks to revive production of vehicle in world's biggest car market Fiat revs up plans to build Jeep in China Fiat, majority owner of the Chrysler Group, plans to start making Jeeps in China again and might eventually make all of its models in the country, according to the head ...

  10. News - World - BUSINESS

    Death of Total oil chief shows high-pressure world of top executives

    Posted Oct 22nd 2014, 10:32pm by Bloomberg

    ... Pouyanne, 51, at a board meeting yesterday. Sergio Marchionne, chief executive of Fiat Chrysler, sais he had been homeless for five years while jetting across the Atlantic to push the combination between Italy's Fiat and Detroit icon Chrysler. "Having a home with the lifestyle that I have is a contradiction," Marchionne, who often shuttles between Detroit and Fiat ...




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