Fiat SpA


  • DETROIT, May 12- U.S.-based automaker Chrysler Group LLC, a unit of Italian carmaker Fiat SpA, on Monday reported a first-quarter net loss of $690 million because of charges related to the merger of the two companies.

  • DETROIT, May 9- Actor Dustin Hoffman made Alfa Romeo trendy for Americans by driving a red Spider 1600 in the 1967 movie "The Graduate," but Alfa sales never took off in the North American market and the company ultimately pulled out.

  • BUSINESS-NEWS-SCHEDULE AT 1830 GMT / 2:30 PM ET Wednesday, 7 May 2014 | 2:42 PM ET

    British PM tells Pfizer wants more commitments for AstraZeneca deal. LONDON- Prime Minister David Cameron says Britain wants more commitments from Pfizer on its $106 billion takeover bid for British pharmaceutical company AstraZeneca.

  • European stocks close mixed on Ukraine developments Wednesday, 7 May 2014 | 12:27 PM ET

    European markets closed mixed on Wednesday on reports that Russian President Vladimir Putin was willing to discuss the Ukraine crisis.

  • After the selloff, investors eye cyclicals switch Tuesday, 8 Apr 2014 | 5:40 AM ET
    Traders work on the floor of the New York Stock Exchange.

    After the tech sector's brutal selloff and this year's strong run for utility and healthcare stocks, investors are now eyeing a shift into "cyclical" names.

  • Chrysler recalls 870,000 SUVs for brake issue Wednesday, 2 Apr 2014 | 9:26 AM ET
    2012 Jeep Grand Cherokee.

    Chrysler is recalling thousands of SUVs in order to fix a brake problem. Complaints were filled about excessive brake-pedal firmness.

  • Jeep goes big on bet to go small Saturday, 15 Mar 2014 | 1:00 PM ET
    A Jeep Renegade SUV, is driven on to the stage during its launch at the 84th Geneva International Motor Show in Geneva, Switzerland, March 4, 2014.

    The Jeep Renegade is the anchor of an aggressive plan to take the brand global.

  • 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.

  • Can Russia take my Pepsi? Consumer brands at risk Wednesday, 5 Mar 2014 | 2:29 PM ET
    CEO of PepsiCo Indra Nooyi speaks at the official opening of a PepsiCo bottling plant in Domodedovo, near Moscow, on July 8, 2009.

    The risk of economic sanctions against Russia poses risk to Western companies. The most vulnerable include consumer brands.

  • 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.