10 Updates

Mario Monti: Let Chrysler Bail Our Fiat, No Money From Italy

Source: The Truth About Cars, Dec 12 2012, 9:58am CST

Italy has not intervened with financial support for Fiat because its European losses are more than covered by revenue from its Chrysler unit in the United States, the report says. In September, Monti help out t ...

Continue reading on: The Truth About Cars

 
 
Update
10

9 hours ago

Fiat Says Headquarters Move from Italy to U.S. Not “Order of the Day”

Source: Automobile Magazine  |   May 18 2013, 6:00pm CDT

Fiat is only a few steps away from having complete ownership in Chrysler, and CEO Sergio Marchionne has repeatedly said it’s been his intention to fully merge operations since the Italian automaker took control of the company in 2009. Comments made ...

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Update
9

10 hours ago

Fiat Denies Rumors of Headquarters Move from Italy to U.S.

Source: Motor Trend  |   May 18 2013, 5:26pm CDT

We’ve all see examples of official denials by companies until the official announcement comes that confirms the earlier rumors. Many analysts interpreted comments made by Fiat CEO Sergio Marchionne about Europe being “less and less relevant” and wanting ...

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Update
8

16 hours ago

Thousands join anti-austerity march in Rome

Source: Asia One  |   May 18 2013, 11:00am CDT

ROME - Tens of thousands of people joined a union-organised march in Rome Saturday, protesting against the new coalition government's austerity measures. The metal workers union FIOM said the rally was to demand "the right to jobs ...

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Update
7

1 day ago

Quick Spin: 2013 Fiat 500e

Source: FOX News  |   May 17 2013, 4:00pm CDT

Fiat’s car of the future starts with a key. Not some magic high-tech fob that senses your presence and adjusts the seats, climate control and cupholders to your preferences as you sit in your kitchen thinking about maybe taking the car out for a spin a ...

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Update
6

1 day ago

Chrysler Confirms Jeep Cherokee Is Facing Production Delays

Source: Auto Spies  |   May 17 2013, 1:56pm CDT

Chrysler confirmed Thursday that the 2014 Jeep Cherokee production launch has been delayed about one month, but assured dealers they will have ample inventory of the midsize SUV by fall. “We did start with an initial scheduled plan of ...

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Update
5

1 day ago

Fiat not moving headquarters to Detroit, for now

Source: Wolrd Car Fans  |   May 17 2013, 1:49pm CDT

Earlier this week Bloomberg said Fiat has decided to move its HQ from Turin, Italy to Detroit, United States based on the success of Chrysler. Fiat has provided an official answer by saying that it "is not currently on the agenda" which basically mea ...

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Update
4

1 day ago

Europe's April auto registrations rise first time in' months

Source: Detroit News Online  |   May 17 2013, 1:46pm CDT

Monthly new auto registrations in Europe improved last month for the first time in 18 months, the European Automobile Manufacturers' Association said Friday. April registrations in the European Union, comprised of 27 countries, improved 1.7 percent, ...

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Update
3

1 day ago

The Collapse Of Fiat Money by a Falling Energy Supply

Source: Max Keiser   |   May 17 2013, 1:05pm CDT

Each passing day, the world gets closer to a total collapse of the global fiat monetary system. After the United States unilaterally terminated the convertibility of the U.S. Dollar to gold in 1971, the world has been settling trade on borrowe ...

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Update
2

1 day ago

Fiat not planning to transfer headquarters to the United States

Source: Auto Spies  |   May 17 2013, 12:23pm CDT

An idea to transfer Fiat SpA’s corporate headquarters from Turin, Italy to the United States after it consummates a planned merger with Chrysler Group is not on the carmaker's agenda. A spokesman for Fiat said in ...

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Update
1

1 day ago

2014 Jeep Cherokee's Production Launch Delayed for a Month

Source: Carscoop  |   May 17 2013, 12:07pm CDT

Chrysler said that the production launch of the 2014 Jeep Cherokee has been delayed for about one month, due to “a wide range of issues.” However, Chrysler assured dealers they will have sufficient inventory of t ...

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