360° Coverage : Report: European banks downgrade Fiat, share prices tumble

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Report: European banks downgrade Fiat, share prices tumble

Source: Autoblog, Nov 23 2012, 9:24am CST

Shares of Chrysler parent company Fiat SpA fell by 5.9 percent on Tuesday. Two European banks downgraded the company's stock, with UBS AG dropping the company's stock from a "buy" rating to "neutral." Likewise, Deutsche Bank cut the ...

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Update
10

3 hours ago

Fiat Chief Pulls Out the Deal Wrench

Source: Wall Street Journal  |   May 24 2013, 7:22pm CDT

By Christina Rogers and Sharon Terlep Sergio Marchionne is trying to pull off the deal of his lifetime, and there are lots of pieces to go around for bankers, lawyers and other cogs in the Wall Street deal machine.The chief executive of Chrysler Group ...

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Update
9

5 hours ago

Tesla praise ignores subsidies’ poor overall performance

Source: The Daily Caller  |   May 24 2013, 5:33pm CDT

But they might want to muffle their caws. Millions of people and businesses pay back loans early. It cuts their interest costs. And let us not forget another automaker that once made a lot of noise about its early repayment o ...

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Update
8

9 hours ago

CEO: No decision on Fiat/Chrysler headquarters

Source: Detroit News Online  |   May 24 2013, 12:54pm CDT

Washington Sergio Marchionne, chief executive of Fiat SpA and Chrysler Group LLC, said he hasnt made any decision about where the combined automaker will be headquartered. The item is not on my agenda for now. ...

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Update
7

13 hours ago

Elon Musk Replies to Chrysler: You’re not American, You Still Owe $1.3 Billion

Source: Carscoop  |   May 24 2013, 8:50am CDT

Tesla Motors CEO Elon Musk is not one to back down from a public dispute. The latest one started with Tesla’s announcement that it had repaid in full its government loan, with the release adding that it is the first American carmaker to do so. This ma ...

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Update
6

16 hours ago

Italy To Fiat: Please, Please, Please Don’t Go, I’m Beggin You To Stay, I Love You So

Source: The Truth About Cars  |   May 24 2013, 6:04am CDT

âItalian Industry Minister Flavio Zanonato said he asked automaker Fiat to stay in Italy after its planned merger with Chrysler, which has led labor unions to fear it plans to move its headquarters to the United States.â Zanonato said earlier this ...

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Update
5

20 hours ago

Tesla, Chrysler trading jabs over definition of payback

Source: Denver Post  |   May 24 2013, 2:35am CDT

Chrysler and Tesla Motors, both led by media-savvy executives, are trading public jabs over the definition of payback. Tesla wired $452 million Wednesday to repay the remaining portion of its Department of Energy loan with interest. The ...

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Update
4

22 hours ago

Chrysler works to rectify launch delays, meet growing demand

Source: Detroit News Online  |   May 24 2013, 12:37am CDT

Auburn Hills — Chrysler Group LLC says glitches with the software that runs its cars and trucks caused the recent production delays that undercut the company's profits, and the automaker says it is taking extraordinary steps ...

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Update
3

1 day ago

Tesla waves arrivederci to federal loans, calls Chrysler un-American

Source: Digital Trends  |   May 23 2013, 7:10pm CDT

Looks like we have quite the little scuffle on our hands between Tesla and Chrysler. Last night, Tesla announced that it had officially repaid – nine years early – its $465-million loan from the Department of En ...

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Update
2

1 day ago

Auto Business Crash to Cost American Economy two Million Jobs.

Source: Silicon India  |   May 23 2013, 6:12pm CDT

Need to the US Government and taxpayer bailout an market that refuses to have with all the program and innovate to help keep up together with the reality with the market place spot? Need to we bailout our US Automake ...

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Update
1

1 day ago

Plea to Fiat not to abandon Italy

Source: The Independent  |   May 23 2013, 6:00pm CDT

The Italian Industry Minister, Flavio Zanonato, has asked Fiat to stay in Italy following its planned merger with Chrysler, which has led labour unions to fear that the car maker plans to move its headquarters to the United States. Italy's biggest in ...

Continue reading on: The Independent  More like this

 
 
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