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Fiat SpA

  • DETROIT, Dec 18- Ford Motor Co on Thursday expanded the recall of older-model Mustang cars that have driver-side Takata air bags with inflators, to include about 502,500 vehicles. Ford was one of five automakers asked by U.S. regulator National Highway Traffic Safety Administration last month to expand a recall of vehicles with possibly defective...

  • SAO PAULO, Dec 15- Fiat Chrysler Automobiles has resumed exports from Brazil to Mexico after a more than three-year hiatus due to weak Brazilian demand and a more favorable exchange rate, Cledorvino Belini, chief executive officer in Latin America, said on Monday. Belini said Fiat's last significant exports of Brazilian cars to Mexico were 15,000 vehicles in...

  • DETROIT, Dec 12- Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions. The company said no accidents or injuries in any of its vehicles have been linked to any Takata passenger-side inflators. Chrysler was one of 10 automakers who...

  • Fiat Chrysler prices share offering at $11 each Thursday, 11 Dec 2014 | 12:09 AM ET

    Dec 11- Fiat Chrysler Automobiles NV said it had priced an offering of 87 million common shares at $11.00 each as the carmaker seeks funds to cut debt and pay for an ambitious investment plan. The mandatory convertible securities will be issued in denominations of $100 each and will be converted into FCA common shares on Dec. 15, 2016, it said.

  • MILAN, Dec 5- Fiat Chrysler Automobiles began meeting U.S. investors on Friday after launching a $2.5 billion convertible bond issue and a share sale to reduce its debt pile and fund an ambitious investment plan. The newly created FCA, which moved its primary share listing to New York in October, wants to invest 48 billion euros over five years to turn Jeep, Maserati...

  • WAHINGTON/ DETROIT, Dec 3- Chrysler Group has told regulators it will expand a U.S. recall of vehicles with Takata Corp passenger-side air bags, but stopped short of including all models regulators wanted included, a company statement issued on Wednesday shows. "At this time, data analysis indicates the front passenger-side inflators in affected pickups...

  • WAHINGTON/ DETROIT, Dec 3- Chrysler Group has informally told regulators it will expand a U.S. recall of vehicles with Takata Corp passenger-side air bags, a top regulator said. Congressional hearing on problems with Takata air bags in older vehicles sold by at least 10 automakers. In June, the Fiat Chrysler Automobiles unit recalled about 371,000 Dodge, Ram and...

  • TORONTO, Dec 2- Chrysler Canada gained on Ford Motor Inc's Canadian unit for the second month in a row in November, pulling within 920 vehicles of the sales leader. The Fiat Chrysler Automobiles unit's sales rose 9 percent from a year earlier to 20,922 cars and trucks, capping five full years of monthly sales gains. "Given that December is traditionally a' slow' month...

  • DETROIT, Dec 2- Five of the top six automakers sold more cars and trucks in November than analysts expected, with a surging economy, heavy discounting and falling fuel prices luring consumers into U.S. showrooms. Chrysler Group sales rose 20.1 percent to 170,839 vehicles on strong showings by its Jeep brand and Ram pickup trucks, the unit of Fiat Chrysler...

  • UPDATE 1-U.S. November auto sales strongest in years Tuesday, 2 Dec 2014 | 9:56 AM ET

    DETROIT, Dec 2- Detroit automakers sold more cars and trucks in November than analysts expected, as a surging economy and falling fuel prices helped drive sales of big pickups and SUVs. GM said its average transaction prices were a record $35,600, up $790 per vehicle from October and up $3,100 from a year ago. Chrysler Group sales rose 20.1 percent to 170,839, on...

  • DETROIT, Dec 2- Chrysler Group U.S. auto sales rose 20 percent in November on strong showings by its Jeep brand and Ram pickup trucks, the unit of Fiat Chrysler Automobiles NV said on Tuesday. Eleven Chrysler Group models set sales records for November, the automaker said. A Thomson Reuters survey of 41 industry economists and analysts showed expectations of 16.7...

  • Brussels targets Amazon’s Luxembourg tax deal Tuesday, 7 Oct 2014 | 1:34 AM ET
    An employee stacks items to be shipped at the Amazon.com Inc. fulfillment center in Phoenix, Arizona.

    Brussels is confronting Luxembourg over an unorthodox Amazon tax deal, the FT reports.

  • Hot new cars from the Paris Motor Show Friday, 3 Oct 2014 | 7:55 AM ET

    CNBC highlights some of the hottest new releases from Europe's biggest car makers at the 2014 Paris Motor Show.

  • A trader sitting in front of a chart displaying German share index DAX.

    European shares closed sharply lower on Thursday, after a press conference by ECB President Mario Draghi left investors wanting more.

  • Ford CEO denies lulled into false sense of security Thursday, 2 Oct 2014 | 2:59 AM ET
    Ford CEO Mark Fields with the S-Max at the Paris Motor Show

    After ripping up profit forecasts and seeing soft September U.S. sales data, the CEO of the Ford Motor has hit back at critics.

  • US auto sales rise, but company results mixed Wednesday, 1 Oct 2014 | 11:19 AM ET
    The 2014 Jeep Cherokee.

    U.S. consumers bought more cars in September than in the previous year, but early sales results from leading automakers on Wednesday were mixed.

  • This truck redesign hauls big stakes for Ford Tuesday, 30 Sep 2014 | 10:27 AM ET
    2015 Ford F-150

    The American automaker heads into the fourth quarter needing a shot in the arm from its bread-and-butter truck: the F-Series.

  • Is bigger better? Demand soars for trucks, SUVs Thursday, 18 Sep 2014 | 3:05 PM ET
    2015 Chevrolet Tahoe LT

    The big vehicles that were blasted during the recession as gas-guzzling behemoths are now the hottest in showrooms.

  • Lew warns China on antitrust probes: WSJ Sunday, 14 Sep 2014 | 4:28 PM ET
    Treasury Secretary Jack Lew

    He warned that a recent spate of antitrust investigations against foreign companies could have serious implications for relations, the WSJ reported.

  • What's next as 'Mr. Ferrari' bids farewell Thursday, 11 Sep 2014 | 2:48 PM ET
    Luca Cordero di Montezemolo waves after the introduction of  La Ferrari during the 83rd Geneva Motor Show.

    Few brands in the world are as prestigious as Ferrari. And few people are more associated with the Ferrari brand than Luca Cordero di Montezemolo.