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  • Alfa heads to US in June with sporty $54,000 4C Wednesday, 16 Apr 2014 | 3:00 PM ET

    NEW YORK— After a nearly 20- year absence, Italian car maker Alfa Romeo is returning to the U.S. market. Alfa CEO Harald Wester said Wednesday the company plans to ship around 100 4 C sports cars to the U.S. this June. Alfa's parent company, Italian automaker Fiat SpA, will release more details next month.

  • By 2017, global carmakers will be set up to build 6 million vehicles a year in Brazil even as local sales may struggle to pass 4 million, analysts say. "Everyone jumped on the bandwagon," said IHS Automotive analyst Guido Vildozo, citing oversized ambitions in Brazil after sales averaged 10 percent growth in the past decade.

  • DETROIT, March 7- Fiat Chrysler Automobiles Chief Executive Sergio Marchionne made salary and stock awards worth $307,989 last year for heading Chrysler Group LLC, according to a filing with U.S. regulators by the American automaker on Friday. Fiat SpA, based in Italy, and Chrysler Group LLC, headquartered in Michigan, were merged in January.

  • Incentives bring car buyers in during tough winter Monday, 3 Mar 2014 | 10:48 AM ET
    Shopper looks at a Jeep Cherokee diesel at the Hollywood Chrysler Jeep dealership.

    US car sales for February fell over last year, but beat expectations. Carmakers offered big rewards to those willing to brave the storms.

  • FRANKFURT, Feb 21- Daimler AG has. The maker of Mercedes-Benz limousines said it will only compare itself with companies that have an investment-grade credit rating, a major shift which means it can no longer measure performance against weaker firms like France's Renault SA and Italy's Fiat SpA.

  • Under new rules for measuring Daimler's performance in 2014, Renault SA and Fiat SpA would drop out because their credit rating is below investment grade, and Volvo Cars would be excluded because it is unlisted, it said.

  • OTTAWA/ TORONTO, Feb 12- Finance Minister Jim Flaherty, freshly armed with C $500 million to subsidize Canada's auto sector, signaled on Wednesday the federal government might offer substantial cash to keep Chrysler Group from closing an Ontario minivan plant.

  • OTTAWA/ TORONTO, Feb 12- Finance Minister Jim Flaherty, freshly armed with C $500 million to subsidize Canada's auto sector, signaled on Wednesday the federal government might offer substantial cash to keep Chrysler Group from closing an Ontario minivan plant.

  • Musk, Mulally steer auto industry to new paths Friday, 7 Feb 2014 | 7:00 AM ET
    Alan Mulally, president and CEO of Ford Motor Co. and Elon Musk, CEO of Tesla Motors.

    One is a maverick. The other, a master of the turnaround. But what they share is the belief you can do things better in the auto business.

  • CHICAGO/ LONDON, Jan 31- International companies are taking steps to mitigate the effects of the turmoil in emerging markets, including hedging foreign currency exposure more aggressively, reducing some investment plans, cutting costs, and raising prices frequently.

  • US 10-year yielding 2.685% after Fed verdict Wednesday, 29 Jan 2014 | 4:54 PM ET

    Bond prices rose after the after the Federal Reserve released the minutes of its most recent policy committee meeting on Wednesday.

  • Jan 29- Competitive pressures in the U.S. automobile market are not likely to lead to margin-cutting consumer incentives in 2014, Sergio Marchionne, chief executive officer of both Fiat SpA and Chrysler Group LLC, said on Wednesday.

  • U.S. stock index futures struggled around the flatine Wednesday, a day after an aggressive rate hike from the Turkish central bank and as investors looked ahead to the Federal Reserve's next move on stimulus.

  • DETROIT, Jan 29- Chrysler Group LLC, which is owned by Fiat SpA, on Wednesday said its revenue would rise 11 percent to about $80 billion in 2014.. Chrysler's fourth-quarter net income of $1.62 billion, up 329 percent from the previous year, included a $962 million non-cash tax benefit related to the release of a valuation allowances on deferred tax assets.

  • DETROIT, Jan 17- Now that Italy's Fiat SpA has almost closed its deal to buy the portion of Chrysler it does not already own, one of the main items on the to-do list of Chief Executive Officer Sergio Marchionne is expanding the global reach of the Jeep brand.

  • DETROIT, Jan 15- United Auto Workers President Bob King said on Wednesday that he is confident the U.S. union will be able to organize workers at the Volkswagen AG plant in Tennessee by the time he leaves office in June. King said talks with Volkswagen officials are continuing apace, but he did not say when or if a vote by the plant's workers will be held.

  • DETROIT/ TORONTO, Jan 14- The chief executive officer of Chrysler Group LLC, which is planning to invest more than $1 billion to modernize a Canadian minivan plant, said on Tuesday it could scrap the upgrade and move production and jobs elsewhere if government and labor officials fail to come through with financial incentives.

  • Chrysler CEO pressures Canadians on minivan investment Tuesday, 14 Jan 2014 | 10:57 AM ET

    DETROIT, Jan 14- The chief executive officer of Chrysler Group LLC, which has said it wants to invest more than $1 billion to modernize a Canadian minivan plant, said on Tuesday the automaker may scrap the upgrade and take production and jobs elsewhere if government and labor officials fail to come through with financial assistance and other incentives and concessions.

  • DETROIT, Jan 13- The Chrysler 200 mid-sized sedan to be rolled out this week at the Detroit auto show will be the third model built on the same European-based vehicle architecture by Chrysler Group LLC, as the company moves forward with a design strategy focused on slashing development times and costs.

  • SAO PAULO, Jan 7- Motor vehicle sales in Brazil are likely to stage a feeble recovery in 2014 from their first annual drop in a decade, an industry group said on Tuesday, as tighter credit and higher taxes stifle the world's fourth-largest car market.

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