FIAT News

  • GM dealership

    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 Chrysler memo revealed that up to 789 dealers will be eliminated by June 9. Today, GM announced that it will notify 1,100 of its U.S. dealers that their franchise agreements will not be renewed. "Approximately 1,100 underperforming and very small sales volume U.S. dealers will be advised that GM does not...

  • Chrysler Group dealership
    Chrysler reveals more details on plans to cut 789 dealers by June 9

    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 today a Chrysler memo...

  • Fiat 500
    New Chrysler vehicles won't just be rebadged Fiats

    Chrysler and Fiat have already tied the knot but now questions are emerging as to how the two companies will conceive new Chrysler vehicles based on Fiat's current stock. A Chrysler-Fiat vehicle won't just feature a Chrysler badge slapped on the bonnet, but instead it will have to be re-engineered...

  • 2009 ford ka 003
    American launch of Fiat 500 may pave way for Ford Ka

    As Wall Street tumbles and Americans deal with the tough times, Ford is eying its global minicar, the Ka, for U.S. sale. The car had previously been rejected as incompatible with the American taste for large, powerful vehicles, but with the signing of the Fiat-Chrysler alliance earlier this month a...

  • 2009 Chrysler 200C concept car
    Chrysler begins new ad campaign to show off future models

    Chrysler's recent announcement revealing its new global alliance with Italian auto giant Fiat now means that the company has to hurry to re-establish itself in the market. In order to do this, Chrysler will be unveiling a new advertising campaign to show off future models and get people interested...

  • 1939 Fiat Torpedo
    Car that chauffeured Hitler, Franco and Mussolini going up for auction

    It's not everyday that automotive history and geopolitical history converge, and even so it's rare that it's of such magnitude as the vehicle going up for auction by International Auction House (COYS). The 1939 Fiat Torpedo that was part of the fleet of the King of Italy during the early part of...

  • 2007 Fiat Bravo

    The alliance between Fiat and Chrysler still has just been finalized and with the government’s deadline for restructuring falling at the end of this month dealers understandably are nervous. Add a looming bankruptcy to the mix and stress levels for most dealers will likely be going through the roof. To settle tensions a little and offer some hope, Chrysler recently showed off several of its planned models at a special dealer presentation. Among the new models was the 2011 Jeep Grand Cherokee, 2011 Chrysler 300 sedan, as well as a compact sports sedan based on Fiat’s C-Evo...

  • Fiat and Opel logos
    Report: GM wants 30% stake in possible joint Opel-Fiat company

    The landscape of the automotive industry is changing, and before things are done, the changes may be massive. Already Fiat and Chrysler are forging an alliance, and Fiat is also going after part of Opel. Now a source says General Motors wants a piece of any merged Fiat-Opel operation that might...

  • Saab 9-3X
    Saab open to Fiat takeover

    The last thing we heard about Saab was that the struggling General Motors division had up to 20 interested buyers and a May 20 deadline to restructure under the guidance of Swedish courts. Now it’s been revealed that Saab is open to talks with Fiat, which is currently eyeing a takeover of...

  • Fiat 500
    Chrysler-bound Fiat and Alfa vehicles revealed in court papers

    With the news that Chrysler and Fiat have finally managed to forge an alliance settling in and Chrysler's bankruptcy proceedings underway, the documents attendant to that process are beginning to reveal key details of the two company's plans. Today the models destined for U.S. sale via the...

  • Fiat 500
    Fiat ranks last in UK JD Power survey, bodes poorly for Chrysler

    Chrysler's vehicles, like all of America's cars, have improved greatly in recent years. But not-too-distant memory reminds us of the Le Baron and even of another ill-fated Italian tie-up and its Maserati-branded spawn. So Fiat's poor scores in the most recent JD Power survey in the United Kingdom...

  • Sergio Marchionne, CEO of Fiat
    Fiat wants to form new company to combine Chrysler and GM Europe

    Fiat has confirmed that it wants to acquire General Motors' European operations and to do so the Italian auto giant may form a new company to combine its Fiat car brands (Fiat, Lancia, Alfa Romeo) along with Chrysler and any acquired GM entities. The information was revealed in a statement issued...

  • Dodge Viper SRT8

    This past week’s bankruptcy announcement for Chrysler means the decisions will be coming hard and fast. The carmaker has already confirmed that overlapping models and some slow-sellers will be dropped but there will also be a lot more cutbacks as revealed by new bankruptcy documents filed with a court in New York. The documents revealed that up to eight plants in the U.S. will be closed but it appears no employees will be retrenched. Speaking with Automotive News, Chrysler spokeswoman Dianna Gutierrez said the alliance with Fiat would allow the carmaker to “retain...

  • Chrysler CEO Bob Nardelli
    Chrysler CEO Bob Nardelli sheds light on resignation

    News of Chrysler CEO Bob Nardelli's departure has been making the rounds recently, but now the resigning chief has shed some light on the matter. Unlike his former counterpart at General Motors, Nardelli insists that he was not asked by the Obama administration to step down from the helm at...

  • Fiat and Chrysler logos
    Chrysler and Fiat finally form global strategic alliance

    Bankruptcy is the word of the day for Chrysler, but 'merger' will soon be replacing it. The whole bankruptcy process is being pushed forward quickly to eliminate the remaining obstacles between Chrysler's viability and the Fiat merger. President Obama's speech today reflected this path, confirming...

  • Chrysler Group headquarters
    White House confirms bankruptcy plans for Chrysler, Nardelli to step down

    The White House has announced Chrysler's entry into bankruptcy protection today, with talks between the Treasury Department and the carmaker failing to reach an agreement on the last day before the auto industry task force’s restructuring deadline. No further talks are planned but President...

  • Chrysler Auburn Hills headquarters
    Government preparing for possible Chrysler bankruptcy

    As the April 30 deadline for Chrysler to restructure its business looms closer, the Treasury department has begun to prepare a bankruptcy filing for the struggling carmaker. The news highlights the severity of Chrysler's situation should it fail to enact a deal with Italian auto giant Fiat, but the...

  • Chrysler Auburn Hills headquarters
    Chrysler creditors offer to swap debt for equity

    Chrysler's race to turn its debts into equity took a major turn for the better today, with an offer from a group of banks and hedge funds that hold almost $7 billion in debt. The group is proposing to exchange around $2.5 billion of Chrysler's debt, but only in exchange for close to 40% of the...

  • 2009 Alfa Romeo MiTo GTA

    Negotiations between Chrysler and Fiat regarding an alliance have now turned to production capabilities, and an anonymous source has revealed that three Chrysler plants are under consideration for possible re-tooling, at which point they will build Fiat vehicles, as well as Chrysler-badged vehicles built on Fiat platforms. The three production plants being considered include Chrysler's Canadian MPV plant in Windsor, Ontario, across the river from Detroit, as well as a plant in the U.S. and Mexico. The Windsor plant in Canada currently builds the Chrysler Town & Country, as well as the Dodge...

  • Fiat Chrysler logo
    Fiat threatens to walk away from Chrysler deal

    At the end of March the President's task force on the auto industry put a 30-day window on Chrysler and Fiat reaching an alliance agreement. Just hours later Chrysler announced the two companies had signed off on the deal. That turned out to be premature, as there remains a strong chance that Fiat...

  • Chrysler Pentastar V6
    Chrysler’s new Pentastar V6 likely to appear in Fiat models

    Chrysler on Wednesday unveiled a brand new V6 engine called Pentastar that the carmaker plans to launch in its redesigned Jeep Grand Cherokee due next year and eventually most of its lineup. This new engine is very important for Chrysler as it has already absorbed billions of dollars in development...

  • Fiat and Chrysler logos
    More details on the potential Fiat-Chrysler alliance emerge

    At the end of March the President's task force on the industry put a 30-day window on Chrysler and Fiat reaching an alliance agreement. Just hours later Chrysler announced the two companies had signed off on the deal. That turned out to be premature, but the deal is still being developed, with new...

  • Sergio Marchionne, CEO of Fiat
    Fiat CEO says market is recovering, leaves Chrysler decision to Task Force

    Chrysler might seem like the ugly girl at the dance right now, but Fiat wants to partner up for the long haul, and it thinks it has made a strong case to be allowed to do it. While the company leaves the decision up to President Obama's Task Force on the Auto Industry, Marchionne has turned his...

  • 2009 Alfa Romeo MiTo GTA
    Fiat will launch first dual-clutch transmission this year in the Alfa Romeo MiTo

    Fiat will finally see the introduction of its first dual-clutch transmission later this year, with the stylish Alfa Romeo MiTo hatchback first in line to receive the fuel-saving gearbox. The particular unit is a six-speed gearbox with a dry dual-clutch system that was developed by Fiat Powertrain...

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