FIAT News
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Last week we brought you news of Alfa Romeo's plans for the U.S. and the support and enthusiasm that's growing over Alfa's attractive designs. This week there's news of cars going the other way across the Atlantic, this time Dodges to be re-branded as Alfa Romeos for Europe. It's not the only brand-switcharoo planned for Fiat and Chrysler, but it might be the most significant for Americans. Finding a way to meet Alfa Romeo's needs with re-purposed Dodge vehicles could help reinvigorate U.S. production and supply chains. Marchionne sees a lot of overlap between the Dodge and Alfa Romeo brands...
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Chrysler will sell four different Fiat 500 variants in U.S.
Many in the U.S. have been hoping to receive the wildly popular Fiat 500 minicar for the past couple of years but a lack of interest in small cars has largely held it back. Now, with Fiat's alliance with Chrysler in place the Italian auto giant has a gateway to the lucrative U.S. market and the...
James Martinez -
New details emerge on Alfa Romeo's plan for the U.S.
Alfa Romeo is a brand remembered fondly in living memory, and in the case of the 8C, desired greatly in the present, in the United States. Fiat's reputation with Americans is a different story - and that's why CEO Sergio Marchionne is focusing his efforts on the Alfa Romeo nameplate. So far only...
Nelson Ireson -
Video: U.S.-bound Fiat 500C convertible on the road
Fiat's 500 minicar has been a smash hit since its debut, winning car of the year awards from numerous publications and organizations. Earlier this year it was joined by a convertible variant called the 500C and just yesterday the automaker released a flood of new images, revealing the car in much...
Jeremy Weber -
Chrysler resumes production post bankruptcy, starts with Dodge Viper SRT10
With the Dodge Viper business safely in Fiat’s hands for now, production at the car’s Conner Avenue plant in Michigan has finally resumed. Chrysler stopped production at all of its North American plants when it filed for bankruptcy on April 30. The information was confirmed to the Wall...
Ralph Hanson -
New Alfa Romeo 169 flagship may ride on Chrysler 300 LX platform
The long-awaited return of Fiat and Alfa Romeo is due to get underway soon following the signing of the new alliance with Chrysler, and word of the first cars to be brought in is finally emerging. While most of the Italian cars will be skewed towards the smaller end of town, one of the most...
Viknesh Vijayenthiran -
The saga surrounding General Motors’ European subsidiary Opel continues to unfold as the struggling automaker ponders the bids that are on offer. Now, anonymous sources close to Canada’s Magna International have revealed that if the auto parts giant wins the bid it will be executing a whole new business plan for Opel, rather than simply restructuring it. The new business model would depart from simply using the Opel brand to develop new vehicles and sell them under the same brand. Instead, Magna is supposedly considering using Opel's infrastructure to build vehicles for non-GM...
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Significant changes planned for ‘new’ Chrysler lineup
Chrysler’s viability plan presented to the U.S. Treasury back in February turned out to be a goldmine for information about the company’s future plans. Not only were there details about the next-generation Chrysler 300 and 2011 Jeep Grand Cherokee, but the documents also outlined...
Jeremy Weber -
Fiat-Chrysler deal official, Marchionne takes helm as CEO
After a dramatic courtship, government intervention and the odd Supreme Court order, Fiat and Chrysler have finally tied the knot. The new 'global strategic alliance' expands Fiat's reach back into the U.S., while offering the 'new' Chrysler - which is already in operation - the support it needs to...
Nelson Ireson -
GM plans major changes for remaining dealerships
General Motors already has plans to slash hundreds of its dealers late next year, but for the dealers who make it through the cuts it won't just be a case of 'business as usual'. Instead, the struggling automaker will be modifying its contracts with the remaining 4,100 or so dealers in its network...
James Martinez -
Supreme Court allows sale of Chrysler to Fiat
The Supreme Court has approved the sale of substantially all of Chrysler's assets to Fiat, helping to finalize their alliance as well as the American automaker’s bankruptcy proceedings. Approval was given for the $2 billion sale of the assets to a new company that will be 68% controlled by a...
Ralph Hanson -
Marchionne says Fiat will stick with Chrysler deal despite delay
Although Fiat's purchase of Chrysler seemed almost a done deal last week, today the U.S. Supreme Court has issued an indefinite stay on the sale until it can decide whether to hear an appeal from some of Chrysler's creditors. But the delay won't stop Fiat CEO Sergio Marchionne from sticking to the...
Nelson Ireson -
Fiat's sudden interest in Chrysler and Opel highlight the Italian auto giant’s desire to build a large scale global manufacturing operation, but now that a deal with Opel appears to be far from certain there’s speculation as to where Fiat's interest will fall next. In top contention, it’s been revealed, is France’s PSA Peugeot Citroen group. With a freshly inked deal with Chrysler, many analysts are speculating that without the stability of Opel backing up the allaince, Fiat may find itself on shaky ground. Equity analysts have described Chrysler as the weakest link in...
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Judge allows sale of Chrysler assets to Fiat
A U.S. bankruptcy judge on Sunday approved the sale of substantially all of Chrysler's assets to Fiat, helping to finalize the two automaker’s alliance as well as the American company’s bankruptcy proceedings. Approval was given for the $2 billion sale of the assets to a new company...
Jeremy Weber -
Another round of dealer cuts imminent at GM
Just a couple of weeks ago General Motors revealed that it would be cutting ties with over 1,100 dealerships, and the bad news keeps coming for dealers as the struggling automaker is expected to cut a further 450 dealerships in the coming months. Many dealerships are under franchise agreements with...
Ralph Hanson -
Fiat skips Opel talks, Chrysler deal to be finalized today
The future of General Motors’ European division Opel will soon be a lot clearer as a buyer for the brand is expected to be announced within the next week. Up until now, one of the leading bidders for the brand was Fiat but today it has been revealed that the Italian auto giant has walked away...
Alex Kaufmann -
German governor says Magna is best choice for Opel
The contents of the bids for purchase of Opel submitted by Fiat, Magna and Ripplewood Holdings on Wednesday - and BAIC on Thursday - haven't yet been disclosed, but today the governor of the German state where Opel is headquartered said he thinks Magna's plan is the best for Opel. Though Hesse...
Alex Kaufmann -
Report: Fiat picks 3 directors for restructured Chrysler
Only yesterday it was announced that former Chairman of Borden Chemical and of Duracell International, Robert Kidder, would preside over a restructured Chrysler as its new CEO, but already reports have emerged claiming Fiat has appointed three new directors for the struggling carmaker. In the lead...
James Martinez -
Nearly three weeks into Chrysler's bankruptcy and the global strategic alliance between Fiat and Chrysler comes news today that C. Robert Kidder - not Sergio Marchionne - will play the role of CEO for Chrysler after the bankruptcy. The news, which comes directly from Chrysler, contradicts a statement previously made by spokesman for Fiat indicating that Marchionne would take the top job. "Marchionne will be the new chief executive of Chrysler after the procedure," a Fiat spokesman told to the Associated Press about a week ago, referring to bankruptcy protection for Chrysler and clearance by a...
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Fiat merger with Opel could mean the end for Lancia
Italy's Lancia has had a turbulent past and has only been back on the automotive radar for a short while now, however, the relatively niche brand may be on the outs again following news of Fiat's interest in Opel. Fiat, which has already formed an alliance with Chrysler, is now attempting to form a...
Ralph Hanson -
Video: Volkswagen shows off GLORIA advanced infotainment system
Cars playing music and movies with touch-based interfaces isn't news - but doing it the way Volkswagen is with its new Global Open Infotainment Architecture System (GLORIA) is definitely something different. It's being developed by VW's Electronics Research Laboratory (ERL), and it features some...
Alex Kaufmann -
Fiat not planning to close plants in Europe as result of Opel deal
Fiat and Magna are still working with the German government on the takeover of Opel from General Motors' European operations, but Fiat is already being forced to quell concerns that it might shut down European Fiat plants if it does acquire Opel. Today Italian Industry Minister Claudio Scajola made...
Kenneth Hall -
Chrysler dealers fire back at proposed franchise rejections
Just a couple weeks into the nascent Fiat-Chrysler partnership, trouble is already brewing. The American carmaker's 3,188 dealers, upon hearing that 789 of their number will be let go by June 6, banded together to prepare for a legal fight. The dealers are contesting Chrysler's incredibly short...
Nelson Ireson -
GM reveals more details on 1,124 dealer cutback
Cutting back production and right-sizing brands and lineups is just one aspect of the restructuring underway at the hands of the U.S. federal government. Earlier this week hard cuts in both labor and dealership numbers were discussed, foreshadowing the next steps to come, and just yesterday a...
Ralph Hanson