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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Fiat

Fiat stories: 37 news summaries

1 - 20 of 37 Stories | 1 2 Next >>

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 Chrysler Adds Fiats, Dumps Dodge, Jeep Models

Revamped automaker will reintroduce Alfa Romeo to US

Oct 27, 09 6:54 AM CDT
(Newser) - Now four months out of bankruptcy, Chrysler is set to unveil a new business plan that relies heavily on models from Fiat, its Italian partner, and abandons many American cars. The company will reintroduce the luxury Alfa Romeo to the US and also bring in a Mexican-built Fiat 500, the... More »

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Chrysler • Dodge • auto industry • Fiat • Alfa Romeo • Jeep • Sergio Marchionne

(Newser) - Chrysler is planning to produce a Fiat-branded subcompact car at a plant in Mexico, insiders tell the Wall Street Journal. The move may anger two key shareholders of the restructured automaker—the US government and the United Auto Workers. Workers at the Toluca, Mexico, plant are represented by a Mexican... More »

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Chrysler • Mexico • automaker • auto industry • subcompact • Fiat • auto bailout

Jeep Wrangler
Is Star of
Reborn Chrysler

Sales actually up for 'original sport-utility vehicle' with WWII roots

Jun 11, 09 12:02 PM CDT
(Newser) - With the Fiat-Chrysler alliance finalized, workers must get hopping to churn out more Jeep Wranglers, the military-vehicle-turned-adventure-ride that’s one of just three American cars whose sales are up this year. It’s “probably one of the main reasons why Chrysler is still here,” an auto analyst tells... More »

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Chrysler • auto industry • Fiat • Jeep • auto worker • Jeep Wrangler

 Done Deal: Fiat Buys 
 Chrysler Assets 

Administration triumphs as bankruptcy effectively ends

Jun 10, 09 10:31 AM CDT
(Newser) - Chrysler finalized its sale of assets to Fiat with a government wire transfer this morning that gave Chrysler $6.6 billion in funds to exit bankruptcy, the New York Times reports. The sale is good news for the Obama administration, which sought an “efficient” restructuring for Chrysler. It may... More »

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Chrysler • bankruptcy • General Motors • Detroit • automaker • auto industry • Big Three • wire transfer • Fiat • Obama administration

(AP) - The Supreme Court has cleared the way for Chrysler's sale to Fiat, turning down a last-ditch bid by opponents of the deal. The court late today rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. With the court's move, the deal can now... More »

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Chrysler • Detroit • mergers and acquisitions • auto industry • Fiat

(Newser) - Supreme Court Justice Ruth Bader Ginsburg today put a temporary stay on the sale of Chrysler to Italian automaker Fiat, SCOTUSBlog reports. Ginsburg’s motion allows the justices to further consider the matter, and either postpone the sale or let it go forward. A full postponement of the sale would... More »

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Chrysler • Ruth Bader Ginsburg • bankruptcy • mergers and acquisitions • auto industry • US Supreme Court • sale • Fiat

(AP) - Opponents of Chrysler's sale to Fiat are asking the Supreme Court to block the deal. Three Indiana state pension and construction funds filed emergency papers at the high court early today to put the sale on hold so they can pursue an appeal. The emergency request goes first to Justice... More »

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Chrysler • Detroit • merger • auto industry • US Supreme Court • Fiat

(Newser) - The Obama administration foisted the Fiat alliance on Chrysler, brushing aside its concerns about Fiat’s financial health and unwillingness to share technology, the Wall Street Journal reports. E-mails filed during Chrysler’s bankruptcy proceedings show Fiat ignoring requests for documents, reluctant to ante up funds, and... More »

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Chrysler • mergers and acquisitions • Robert Nardelli • Treasury Department • auto industry • Fiat

(Newser) - A federal appeals court today approved the sale of Chrysler to Italian automaker Fiat over objections from debt holders in Indiana, the Wall Street Journal reports. The court put the sale on hold until Monday afternoon, or until the Supreme Court issues a stay—which Indiana investors say they... More »

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Chrysler • bankruptcy • US Appeals court • Indiana • Fiat • Federal Court of Appeal

Indiana Makes Final Attempt to Block Chrysler Sale

State treasurer argues that deal tramples on bankruptcy law, Constitution

Jun 5, 09 5:49 AM CDT
(Newser) - Indiana's attempt to block Chrysler's sale to Fiat moves to a federal appeals court today, the Washington Post reports. The state's treasurer, who oversees three state pension and construction funds that hold $42 million of Chrysler's debt, is arguing that the deal to bring the company out of bankruptcy violates... More »

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Chrysler • bankruptcy • Indiana • Fiat • auto bailout

(Newser) - Chrysler could shed its bankruptcy protection as soon as today, the Wall Street Journal reports, after Judge Arthur Gonzalez greenlighted the sale of the automaker's assets. Some Chrysler dealers and a group of Indiana pension funds had opposed the deal, which will split Chrysler between Fiat, the UAW, and... More »

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Chrysler • bankruptcy • Fiat • U.S. Bankruptcy Court • prepackaged bankruptcy

Fiat Pulls Out of German Talks to
Buy GM Arm

Prospective Opel buyer balks at new request for bridge funding

May 29, 09 5:39 AM CDT
(Newser) - Fiat is boycotting talks in Germany today to acquire Opel, the European arm of General Motors, blasting GM for withholding financial information necessary for due diligence and balking at a new request for emergency funding. Fiat CEO Sergio Marchionne has taken part in days of negotiations with GM and German... More »

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Angela Merkel • Germany • General Motors • auto industry • Fiat • Opel • Sergio Marchionne

Auto Newcomer
Will Head Chrysler-Fiat

Former Duracell chief sees 'exciting new era' after bankruptcy

May 20, 09 4:42 PM CDT
(Newser) - Post-bankruptcy, Chrysler head Robert Nardelli will cede his position to former Duracell chief C. Robert Kidder. Kidder will run the new Chrysler-Fiat alliance being hashed out in court, the Detroit News reports. Kidder is currently lead director on the board of Morgan Stanley—one of Chrysler’s creditors—and his... More »

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Chrysler • bankruptcy • Robert Nardelli • US automakers • Fiat • C. Robert Kidder

Chrysler Execs Dodge Bailout Pay Caps

As automaker cuts 3500, top employees will draw pay from Fiat

May 13, 09 5:52 AM CDT
(Newser) - Bankruptcy documents filed by Chrysler show that the chief executives of the bailed-out automaker will avoid executive pay restrictions—by declaring themselves employees of Fiat. Despite new Treasury rules that cap pay at $500,000 for execs whose firms received "extraordinary assistance," but Chrysler's top officers will be... More »

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Chrysler • executive compensation • auto industry • Fiat • recession depression

 Foreign Bidders 
 See Opportunity 
 in Detroit Mess 

As GM, Chrysler spin off units in their wake, the global auto landscape shifts

May 7, 09 8:25 AM CDT
(Newser) - With Chrysler in bankruptcy and General Motors at the precipice, foreign companies are preparing bids for parts of the US auto industry, the Wall Street Journal reports. The result will be a broad global reshuffling as companies like Italy’s Fiat, France’s Renault, and even China’s Geely buy... More »

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Chrysler • General Motors • auto industry • Fiat • automobile • Nissan-Renault • Saab • Opel • Geely Automobile Holdings

Judge Greenlights Chrysler Auction

Bankruptcy ruling starts clock ticking toward merger with Fiat

May 6, 09 2:21 AM CDT
(Newser) - A bankruptcy judge has given Chrysler approval to auction off most of its assets by May 27, the Detroit Free Press reports. The move—decided over the strenuous objections of some lenders holding Chrysler debt—is the first step toward the auto maker's proposed partnership with Fiat, which has offered... More »

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Chrysler • bankruptcy • mergers and acquisitions • auto industry • Fiat

(Newser) - Already partnered with Chrysler, Fiat is intensifying its pursuit of GM's German Opel unit to forge one of the world's biggest car companies, the Wall Street Journal reports. Fiat's CEO Sergio Marchionne plans to meet tomorrow with German officials seeking an investor as GM restructures. Billions in debt, Fiat needs... More »

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Chrysler • Europe • automaker • Fiat • Opel

Analysis

Chrysler's Honeymoon With Fiat Won't Last Long


May 1, 09 10:36 AM CDT
(Newser) - Chrysler is rushing into the arms of Fiat now, but it may be sorry later, writes Dan Neil for the Los Angeles Times. Fiat "pays next to nothing and now has instant access to US markets," which it’s been lusting after. "But in this... More »

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Chrysler • mergers and acquisitions • auto industry • Big Three • Fiat

(Newser) - The last time Fiat tried to make a go of it in the US market, its unreliable cars earned it the nickname Fix It Again Tony, reports the New York Times. That was 25 years and another world ago. After a renewed focus on quality under CEO Sergio Marchionne, the... More »

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Chrysler • bankruptcy • Detroit • auto industry • Fiat • Sergio Marchionne

OPINION

Chrysler Bankruptcy Obama's Blunt Message to GM

President not afraid to use 'the big stick' on ailing firms

Apr 30, 09 3:08 PM CDT
(Newser) - In announcing Chrysler’s bankruptcy, President Obama shows other troubled firms and industries there’s a point where bailouts stop and hard choices begin—and that message must ring especially clear at General Motors, writes Tom Walsh for the Detroit Free Press. GM’s creditors will now be under a... More »

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Barack Obama • Chrysler • bankruptcy • General Motors • Detroit • Fiat • Obama administration

1 - 20 of 37 Stories | 1 2 Next >>


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