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Archive for the Fiat Category

Chrysler surveying new factories to assemble Fiats

Chrysler is on a hunt for new sites in North America which can serve as factories to build Fiat-based vehicles. The car maker is said to be eager to deliver the first batch of cars as soon as this year.
The plan was unveiled by the VP for manufacturing of Chrysler, Scott Gaberding, who also revealed [...]

CEO projects profits for Chrysler by 2011

Fiat has been acting fast and playing it hard to help Chrysler boost its number and return to profitability. Amid the uncertain recovery of the U.S. and the seesaw exchange rates, the new Chrysler CEO Sergio Marchionne is very optimistic that the company will be reversing its fortunes and be tallying profits as early as [...]

Chrysler Assets Sold to Fiat; Announces Roll Out of 500 minicar

A United States bankruptcy judge approved on 31 July the acquisition of the assets of the Chrysler Group. The distribution goes to a health care trust associated with the United Auto Workers which takes 68%, Fiat has 20%, Canadian government gobbling 12%.
The judge who ruled on the case cited no alternative to the bankruptcy but [...]