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Tata Motors, which is engaged in focused and detailed negotiations with Ford on the Jaguar Land Rover business, clarifies that the company has had no discussions with Fiat on deployment of technologies developed by Jaguar and Land Rover. Tata Motors is pleased by the progress in the discussions with Ford to date ...
French, Italian and Japanese car manufacturers made the most environmentally friendly automobiles for sale in Europe last year, a study released Thursday said. The report, by an independent European group campaigning for cleaner modes of transport, said France's PSA Peugeot Citroen SA sold the lowest carbon dioxide-emitting fleet of cars in 2006. The company's cars emitted ...
Fiat SpA said Wednesday that net profit more than doubled in the third quarter, leading it to raise its full-year targets on a strong performance by its core auto division and good results in its truck and farm machinery operations. Shrugging off stiff competition in a sluggish European auto market, Fiat reported a net profit ...
MILAN, Italy (AP-CP) _ Fiat is forming a joint venture with Russia's Severstal Auto to build and sell Fiat brand cars and commercial vehicles in Russia. The deal was announced on the sidelines of the Frankfurt Auto Show where officials of the French car makers PSA Peugeot-Citroen and Renault SA said Tuesday they are considering ...
MILAN, Italy (AP) _ Fiat Group Automobiles SpA announced Tuesday that it has signed a letter of intent to create a joint venture with Russia's Severstal Auto to build and sell Fiat brand cars and commercial vehicles in Russia. Production of Fiat vehicles under the 50-50 joint venture is to begin in the first quarter ...
MILAN, Italy (AP) _ Italian automaker Fiat Group Automobiles announced a joint venture Tuesday with Chery Automobiles of China to produce Alfa Romeo and Fiat brand cars for the Chinese market. The deal comes just a day after Fiat announced it will buy engines from Chery as the Turin-based automaker expands its ties in a ...
ROME (AP) _ Italian carmaker Fiat SPA said Friday it will delist its American depository shares from the New York Stock Exchange because of sustained low share trading volume. The Turin-based company said in a statement it expected delisting to become effective on or around Aug. 23. The carmaker also said it would ask the ...
MILAN, Italy (AP) _ Fiat SpA's net income more than doubled in the second quarter, the company said Tuesday as it reported record quarterly revenues driven by the success of the flagship Punto model and the recently released Bravo mid-size sedan. Net income at the Turin-based automaker came to 593 million euros (US$819.8 million), up ...
TURIN, Italy (AP) _ Fiat CEO Sergio Marchionne has big plans for the little Fiat 500, hoping the redesigned version of the compact car that is being launched Wednesday can be for the automaker what the IPod was for Apple Inc. The new model is a critical part of Fiat's strategy to secure its recovery, ...
FRANKFURT, Germany (AP) _ Vehicle makers DaimlerChrysler AG and Fiat SpA said Tuesday that they signed an agreement calling for strategic co-operation to provide the German-American automaker's truck group with engine and powertrain technology from Italy. ``The first step of this agreement concerns the long-term supply of light-duty diesel engines ... to the Mitsubishi Fuso ...
SAO PAULO, Brazil (AP) _ Italian automaker Fiat SpA will hire 1,700 workers at one of its two Brazilian plants to meet strong local demand, the company said Wednesday. Fiat had already hired 1,200 workers to start a third shift at the Betim plant in Minas Gerais state. ``Fortunately, the market conditions surpassed even those ...
MILAN, Italy (AP) _ Fiat SpA said Monday that its net income more than doubled in the first quarter, due largely to growth in its flagship auto and trucks businesses. The Turin-based automaker also said its full-year earnings will be at the top of the previously forecast range, and it ...
Fiat has spent about US$454 million on developing its new Bravo model, which marks the Italian automaker's return to the profitable midsize market, the company's chief executive said Wednesday. The Bravo, unveiled Tuesday evening to much fanfare, is the model that Fiat hopes will help solidify the company's turnaround and ...
Fiat SPA reported Thursday that its net profit soared in the fourth quarter as the core auto division posted a nearly five-fold earnings gain, allowing it to pay a dividend for the first time since 2002 to cap its turnaround. The Turin-based maker of cars and trucks said net profit ...
Italy's Fiat SpA said Thursday it had completed the sale of the 50 per cent stake in its consumer credit unit Fidis for US$1.32 billion to French bank Credit Agricole. In a statement to the Italian stock exchange, the carmaker said the sale earned it a capital gain of about ...
Fiat SpA chief executive Sergio Marchionne laid out an ambitious set of four-year targets on Thursday aimed at propelling the newly revitalized company toward capturing a bigger share of the market. The new plans will include a management reorganization that will see Marchionne step down as head of the automotive ...
Italian carmaker Fiat Auto and China's Chery Automobile Co. Ltd. announced Tuesday they have signed a memorandum of understanding to supply gasoline engines for Fiat cars produced both in and out of China. The two companies said they expect an annual supply exceeding 100,000 1.6 litre and 1.8 litre gasoline ...
Fiat SpA reported a 76 per cent drop in third-quarter earnings Thursday compared to results inflated by one-time gains a year ago. But its core automaking division posted its fourth straight quarterly profit on strong sales of its flagship compact car, the Grande Punto. The parent company earned 195 million ...
Italian automaker Fiat SpA says it has no plans to sell assets and can't explain why its stock surged Wednesday. Shares in the company rose by up to 10 per cent at one point, triggering the automatic suspension by the Milan stock exchange, amid market speculation that the company might ...
Fiat SpA unveiled a new luxury car Tuesday that the automaker hopes will help double sales of its premium Lancia line by the end of 2010 _ part of CEO Sergio Marchionne's strategy to secure the turnaround of the Italian automaker best known for its compact models. The Lancia Delta ...
 Welcome to the rough and tumble world of the small off-roader. These compact machines not only have to excel in the dirt, but also jostle for position on urban streets. Surely that’s a challenge too far for any car maker? Nobody seems to have told Daihatsu, because the Japanese ...
ROME (AP) _ Fiat Group Spa and Tata Motors Ltd. said Tuesday the two auto companies have signed an agreement for a joint venture in India to make passenger vehicles, engines and transmissions for Indian and overseas markets. Fiat, which has been working for ...
ROME (AP) _ Fiat SPA said Monday second-quarter earnings rose 56 per cent as it extended a turnaround and strong sales of its flagship compact car led to the third straight quarterly trading profit in the core auto unit. The Turin-based automaker, which has sold off noncore assets and drafted an ambitious schedule of new ...
MILAN, Italy (AP) _ Fiat SPA's share of the domestic new car market rose to 31 per cent in April, Italy's Transport Ministry said Tuesday, as the company's new flagship model, the Grande Punto, extended its successful launch. New car registrations in the Italian market in April overall fell 6.3 per cent from the same ...
Unmistakable for its Italian styling, the new Fiat Croma stands apart for its soft, simple and pure design that enables the most spacious car in the segment to have a dynamic, harmonious look. Thanks to its innovative architecture and the use of intelligent ...
MILAN (AP) _ Fiat SpA posted a fourth-quarter profit of 38 million euros ($46.3 million US) on Monday and said it had a net profit for the full year for the first time since 2000 on gains from asset sales and progress at its core auto division. The quarterly profit compared with a loss ...

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