Automaker Nets Big Profit
* Fiat earnings aided by strong Chrysler performance * Chrysler maintains 2012 guidance of $1.5 bln profit * To begin sa...
* Fiat earnings aided by strong Chrysler performance * Chrysler maintains 2012 guidance of $1.5 bln profit * To begin sa...
AP | Posted 01.12.2012
DETROIT -- Fiat CEO Sergio Marchionne said Wednesday that Europe needs to cut 10 to 20 percent of its auto manufacturing capacity to deal with falling...
AP | Posted 01.05.2012
DETROIT -- Fiat has added 5 percent to its majority ownership of Chrysler. The Italian automaker got the added stake by making a car in the U.S. that...
AP | TOM KRISHER and DEE-ANN DURBIN | Posted 03.05.2012
DETROIT — Strong sales in December capped off a great year for U.S. carmakers – especially Chrysler – and 2012 should be even better...
David Kiley | Posted 02.28.2012
Marchionne is one of the most complete CEOs I have ever come across in 25 years of covering business and the auto industry. In about 15 months, he and his team have seen to cleaning up Chrysler's balance sheet, while at the same time remaking and cleaning up most of the product line Fiat inherited. Unheard of!
The Huffington Post | Posted 11.20.2011
Jennifer Lopez is taking yet another spin in a Fiat 500, but this time she's doing it with even more style. The new J.Lo commercial for the Italian...
AP | TOM KRISHER and DEE-ANN DURBIN | Posted 12.27.2011
DETROIT — Chrysler is moving closer to its first full-year profit since 2005 as customers buy more of its cars and trucks at higher prices. It'...
Posted 11.13.2011
Fiat (FIA.MI) chief executive Sergio Marchionne said the euro single currency system could "go off the rails" unless European leaders effectively ...
AP | TOM KRISHER | Posted 09.25.2011
DETROIT — The cost of paying off government debt kept Chrysler from making money in the second quarter, but that didn't stop its cars from selli...
AP | DEE-ANN DURBIN | Posted 08.02.2011
DETROIT — Chrysler Group LLC, newly profitable and confident in its revamped products, will soon sever its ties with the U.S. government after m...
AP | TOM KRISHER and DEE-ANN DURBIN | Posted 05.25.2011
DETROIT — Fiat is coming back to the U.S. after a 30-year absence, and now Chrysler Group dealers have to decide whether they want to sell the I...
AP | By TOM KRISHER | Posted 05.25.2011
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AP | MARK SHERMAN | Posted 05.25.2011
WASHINGTON — The Supreme Court on Tuesday cleared the way for Chrysler LLC's sale to Fiat, turning down a last-ditch appeal by opponents that in...
The Huffington Post | Ryan McCarthy | Posted 05.25.2011
It's a sad week for hundreds of Chrysler dealers across the country. As the Detroit automaker's bankruptcy process unfolds, dealerships will be either...
Max Fraad Wolff | Posted 05.25.2011
We so completely lack an industrial policy that we are presently working to spend money to maintain our car market while decimating U.S. domestic car producers.
Sheldon Filger | Posted 05.25.2011
In just over half a century, how did Chrysler, and the wider domestic automobile industry, traverse the road from riches to ruin?
Washington Post | David Cho, Peter Whoriskey and Kendra Marr | Posted 05.25.2011
Chrysler chief executive Robert Nardelli would be replaced by the management of Italian automaker Fiat under a bankruptcy plan that the United States ...
money.cnn.com | Posted 05.25.2011
Marchionne, who will present Fiat's first-quarter results Thursday, has just eight days to nail a revised pact with Chrysler and its Cerberus Capital ...
Huffington Post | Posted 05.25.2011
General Motors Corp. will not make a $1 billion debt payment due June 1, its CFO, Ray Young, told reporters on Wednesday. Instead, it is hoping to com...
AP | TOM KRISHER and COLLEEN BARRY | Posted 05.25.2011
DETROIT — With just 15 days left before the U.S. government pulls the plug on Chrysler, the only man who appears able to save the struggling aut...
The Huffington Post/AP | Posted 05.25.2011
President Barack Obama said Monday that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bail...
AP | KEN THOMAS | Posted 05.25.2011
WASHINGTON — The Obama administration's auto industry task force met Thursday with representatives of General Motors' bondholders and the chief ...
ft.com | Posted 05.25.2011
Chrysler's restructuring plan could see the combined equity of owners Cerberus and Daimler shrink to less than 10 per cent, with the rest of the compa...
Posted 03.06.2012
Ahead of the North American International Auto Show, one of the big three Detroit automakers is announcing increased production in the Motor City. ...
Reuters | Posted 04.27.2012