Fiat will focus on revamping its Alfa Romeo brand after its planned merger with Chrysler and will keep production of the marque in Italy as it seeks to revive its European operations and protect jobs, said its chief executive.
Italian carmaker Fiat SpA struck a $4.35 billion deal to gain full control of Chrysler Group LLC, ending more than a year of tense talks that have obstructed Chief Executive Sergio Marchionne's efforts to combine the two automakers' reso
Fiat will unveil details on Thursday of plans to make two small sports utility vehicles (SUVs) in southern Italy, including a new baby Jeep, as it attempts to turn around its ailing European operations by as early as 2015.
Chrysler Lancia, an automotive brand owned by Fiat, has appointed Saad Chehab as the chief executive officer for the brand as well as a member of a newly formed Group executive council (GEC).
Born in Beirut, Lebano
Italian carmaker Fiat is setting up a joint venture with US peer Chrysler to make top-of-the-range cars at its Mirafiori plant in Turin, as it looks to ramp up home production to match European rivals.
Italy's largest industrial group,
National Auto, part of the Al Ghandi Auto Group and official Fiat distributor for Dubai and the Northern Emirates, has opened the UAE’s first dedicated showroom for the brand in Dubai.
“For the re-launch of the brand we couldn’t have asked
Canada's government will take an ownership stake in troubled automaker Chrysler in exchange for more than $2 billion in loans, under a sweeping North American rescue plan, government officials said.
Chrysler filed for Chapter 11 bankruptcy
General Motors Corp has warned there was a rising chance it could file for bankruptcy by June, as Fiat SpA and Chrysler executives met in a race to complete a tie-up the US government says Chrysler needs to survive.
GM shares tumbled 28 pe
Al Maabar, a joint venture of UAE developers, plans to invest $2 billion in a commercial and residential project in Kazakhstan and fund it through borrowing, a venture partner said.
'The cost of the Abu Dhabi Plaza in Astana, Kazakhstan is