Fiat is a Turin-based carmaker that has also manufactured railway engines and carriages, military vehicles, and aircraft. As of 2009, the Fiat group – excluding its subsidiary Chrysler -- was the world's ninth largest carmaker and the largest in Italy. Sergio Marchionne is chief executive of both companies.
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 naive to put a modicum of trust in company reports from investment analysts.Tuesday, 7 January, 2014, 11:44am
Italian carmaker Fiat struck a US$4.35 billion deal to gain full control of Chrysler, ending more than a year of tense talks that have obstructed chief executive Sergio Marchionne’s efforts to combine the two carmakers’ resources.3 Jan 2014 - 1:39am
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 with an autoworkers’ health-care trust that is a minority Chrysler shareholder.31 Jul 2013 - 11:09am
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.31 Jul 2013 - 11:04am
Fiat will put new investments on hold until it gets a clearer idea of the impact of a court ruling that a portion of Italy’s labour rules are unconstitutional, its chief executive, Sergio Marchionne, said on Tuesday.10 Jul 2013 - 10:42am
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 own and refinance the two firms' debt, people familiar with the matter said.31 May 2013 - 4:41am
Japan is becoming Ferrari's next growth market. Registrations of Fiat's ultra-luxury brand rose 40 per cent to 144 vehicles in Japan last quarter, according to the Japan Automobile Importers Association. That is more than twice the growth in the US market, while demand is slumping in China, at home, and across Europe.6 Apr 2013 - 4:36am
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 of both carmakers' operations in the region.23 Oct 2012 - 4:19am
Suntech to cut solar panel production costs10 Oct 2012 - 4:25am
Fiat staged a comeback to the mainland's car market yesterday with a new compact car, five years after the Italian brand dissolved its first Chinese joint venture.14 Sep 2012 - 3:24am