Fiat Targets Chrysler Merger Within Three Years to Boost Carmaker’s Profit
Fiat SpA targets a merger with Chrysler Group LLC within the next three years as the American carmaker becomes the profit driver of its Italian parent. “There’s no single doubt that at some point of...
View ArticleChrysler Plans More Fiat Dealerships as 500 Misses Sales Goals
Chrysler Group LLC, falling behind its North American sales goals for the Fiat 500, plans to open 20 more U.S. dealerships during 2012’s first quarter to sell the Italian brand. North American sales of...
View ArticleFiat Names New North American Chief
Laura Soave, head of the Fiat brand for North America, is no longer employed by Chrysler Group LLC. Effective Monday, she has been replaced by Timothy Kuniskis, a 19-year veteran of Chrysler who was...
View ArticleFiat Gears Up, Cautiously
When Fiat SpA launches a new version of its popular Panda city car Wednesday, the Italian auto maker is likely to trumpet it as the first victory in a €20 billion ($26 billion) campaign to revive its...
View ArticleMarchionne Can’t Deliver 6 Million Predicted Sales With Europe Slump
Sergio Marchionne’s plans to propel car sales at Fiat SpA and Chrysler Group LLC to the 6 million mark he says is needed to guarantee survival may take longer to realize than the chief executive...
View ArticleFiat Eying Partner Before Chrysler IPO
Fiat SpA could bring on board a third partner before any initial public offering of its Chrysler unit as the group moves to reach its target of selling 6 million vehicles in 2014, Fiat CEO Sergio...
View ArticlePeugeot Considers Forging Broader Alliances
PARIS—PSA Peugeot Citroen would be interested in forging a deeper alliance with another automotive group under certain conditions as it struggles to increase sales and eke out profits in Europe’s...
View ArticleFiat Forecasts Profit Surge This Year on Strength of Chrysler Auto Demand
Fiat SpA, the Italian carmaker that controls Chrysler Group LLC, forecast 2012 profit will surge as much as 88 percent as the American carmaker’s earnings rise. Earnings before interest, taxes and...
View ArticleFiat Chairman Says Marchionne to Remain Chief Executive
(Bloomberg) – Fiat SpA (F), the Italian carmaker that controls U.S. auto producer Chrysler Group LLC, will keep Sergio Marchionne as chief executive officer at least three more years to push company...
View ArticleChrysler Recalls Fiat 500L on Knee Air Bag Issue
Chrysler Group LLC will recall about 29,500 Fiat 500L compact cars because knee air bags may not work properly if a driver is not wearing a seat belt, the company said on Wednesday, reported Reuters....
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