Close

Fiat Chrysler Automobiles announced Wednesday it will spin off sports car maker Ferrari into a separate company, a move to unlock the luxury brand's value and distinguish it from its mass-market parent.   The spinoff aims to raise money to support the newly merged carmaker's plans to invest 48 billion euros ($61 billion) over five years to c...

1202

di Giuseppe Oddo   La Fiat è ormai, di fatto, un'azienda americana. La società realizza in Italia meno del 9% del proprio fatturato consolidato (il 50% in meno di dieci anni fa). Nella Penisola occupa il 29% dei propri dipendenti e ospita il 28% dei propri stabilimenti su scala mondiale. I suoi profitti provengono interamente dalla Chrysler....

1538

By Ronnie Schreiber   From the late 1940s into the 1960s, Chrysler had most of its high profile concept and show cars fabricated by Ghia in Italy. Chrysler liked how the Italians did high quality work at prices far below what union labor would have cost them in Detroit, and Ghia liked the work and the revenue as Italy was rebuilding after Wo...

856

Cinematic sweep was the backdrop for Jeep, a century of wisdom for Dodge and risque humor for Fiat - the three Super Bowl commercials from Fiat Chrysler Automobiles U.S. unit.   They were among a small but strong group of auto ads during the big game. "I'm surprised how well the auto ads did compared to the competition," said Mike Berna...

1067

What's that flash of red on the horizon? Forget about that famous visitor from the North Pole. Alfa Romeos are coming to town. After all, Santa Claus makes an appearance once a year and this is the first time in almost two decades that the Italian sports cars have been sold new in the U.S., let alone the Pittsburgh region. "They're arriving within...

1046

Fiat-Chrysler Automobiles CEO Sergio Marchionne told Bloomberg news that he thought the Italian-American conglomerate will challenge Tesla using electrified versions of products like the upcoming Maserati Alfieri sports car and a small city car like the Fiat 500. Fiat already sells a battery electric version of the 500 in the U.S., but Marchionne...

991

The rest of the new Ferrari shares will be distributed to group shareholders."I am delighted to have taken this additional step in the development of FCA," chairman John Elkann was quoted as saying in a company statement. "Coupled with the recent listing of FCA shares on the NYSE, the separation of Ferrari will preserve the cherished Italian herit...

1042

Project Sizzle almost fizzled. That's how Sen. Eddie Lucio Jr. described the effort to lure the big-time Italian machining operation at a Wednesday news conference announcing SATA USA's arrival in Brownsville. "Project Sizzle" was the code name the Brownsville Economic Development Council used during nearly four years of secret negotiations w...

797

State officials are making the case to Fiat head Sergio Marchionne to select Tennessee for the Italian automaker's joint headquarters with Chrysler Group LLC. Marchionne met with Tennessee Gov. Bill Haslam and others on Sunday at a ceremony to mark the expansion of Fiat subsidiary Magneti Marelli's components plant in Pulaski. WPLN-FM reports...

1883

Fiat Chrysler plans to introduce a new lineup of rear-wheel drive Alfa Romeo sedans and SUVs that will take the fight to BMW, Mercedes and Audi, and they will do so with Ferrari powerplants. These models are slated to arrive starting in 2016, and the high-end versions of these cars will use powerplants designed by Ferrari.   Since 2004, Alfa...

7981