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Tesla described itself as the only American car company to have fully repaid government loans, but Chrysler called that statement "unmistakably incorrect."
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Chrysler's quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches, the company said on Monday.
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April 29- Chrysler Group LLC's quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches, the company said on Monday.
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MILAN, April 29- Shares of Italian automaker Fiat. turned negative in midday trading after its U.S. unit Chrysler posted worse-than-expected first quarter results.
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April 29- Chrysler Group LLC's quarterly profit fell 65 percent as it absorbed the costs of new-vehicle launches, the company said on Monday.
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Enrico Letta was sworn in as Italy's new prime minister on Sunday and immediately faced an emergency after an unemployed man shot two police officers outside his office. Istat statistics office releases March wage inflation data at 0800 GMT, and April business confidence data at 0900 GMT.
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We're heading into the end of the heavy period of earnings season. Next week more than a quarter of the S&P 500 is set to report, including big names in media.
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COMPANIES REPORTING: Q1 2013 Express Scripts Holding Co Q1 2013 The Hartford Q2 2013 Jacobs Q1 2013 Loews Corp. Q1 2013 Masco Q1 2013 Newmont Mining Corp. Q1 2013 Plum Creek Timber Q1 2013 Roper Industries, Inc. MAJOR MACROECONOMIC DATA/EVENTS: 0900 IT Business Confidence Apr 0900 EZ Business Climate Apr 0900 EZ Economic Sentiment Apr 0900 EZ Industrial Sentiment Apr 0900 EZ Services Sentiment Apr 0900 EZ Consumer Sentiment Apr 1200 DE HICP prelim Apr 1200 DE CPI prelim Apr 1230 US Personal Income Mar 1230 US Personal Cons Mar 1230 US Core PCE Price Mar 1400 US Pending Home sales Mar 2301 GB GfK Consumer Co Apr Reuters Messaging: blaise.robinson.thomsonreuters.com@reuters.net.
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MILAN, April 26- Shares in Fiat fell 2.6 pct in early trade ending a five-day rally, after a hearing in a U.S. court indicated the Italian automaker may have to raise its offer to increase its stake in Chrysler. At 0710 GMT, shares were down 1.9 percent at 4.70 euros.
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Italy's prime minister-designate Enrico Letta started "encouraging" talks on Thursday for a new government to end two months of political deadlock, but said significant differences with the centre-right would take more time to iron out. *BANCA MONTE DEI PASCHI DI SIENA.
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WILMINGTON, Delaware, April 25- Fiat SpA and a United Auto Workers trust each appeared to score points with a Delaware judge on Thursday during a hearing that could help determine what the Italian company has to pay to acquire the rest of car maker Chrysler Group LLC.
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WILMINGTON, Delaware, April 25- A Delaware judge said on Thursday he was leaning toward siding with a United Auto Workers trust in a dispute with Fiat SpA over the sale of a stake of car maker Chrysler Group LLC.
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April 22- The U.S. Department of Energy took $21 million from cash-strapped Fisker Automotive on April 11 that will go toward repaying nearly $200 million in loans extended to the automaker under a U.S. program to spur advanced vehicle development.
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SHANGHAI, April 20-- In order to compete in the fast-growing SUV market in China, Jeep wants to produce a vehicle in the No. 1 global auto market by the end of 2014, Jeep's top executive said on Saturday at the Shanghai auto show.
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Global carmakers have poured billions of dollars in India's once-booming car market are now struggling as slow economic growth keep their target customers from parting with their cash.
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*Honda spending $460 mln on fresh capacity despite slump. Honda Motor Co's India head sees only one way forward: Keep calm and carry on.
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*Peugeot, Toyota led March sales declines. PARIS, April 17- PSA Peugeot Citroen and Toyota led European car sales 10.3 percent lower in March, as an unrelenting market contraction spreads to the region's more prosperous north, unnerving automakers.
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*Peugeot, Toyota led March sales declines- ACEA. PARIS, April 17- PSA Peugeot Citroen and Toyota led European car sales 10.3 percent lower in March, as the unrelenting market contraction spread north, unnerving automakers.
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DETROIT, April 15- Chrysler Group shuffled its executive ranks on Monday after Nissan Motor Co Ltd's North America unit raided the company last week to recruit a new sales and marketing boss. Chrysler, a unit of Italy's Fiat SpA, named Reid Bigland as president and chief executive of its Ram Truck brand.
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DETROIT, April 10- Chrysler Group LLC said it is recalling more than 263,0000 vehicles globally in six separate actions. Affected cars include the Chrysler 300, and the Dodge Charger and Challenger- including about 119,000 in the United States, 7,000 in Canada, 880 in Mexico and 11,000 outside of North America.
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*U.S., Latam and Asia markets growing. TURIN, Italy, April 9- Fiat SpA's loss-making European operations will be further weakened by the region's drawn-out auto slump, Chief Executive Sergio Marchionne warned on Tuesday, adding that the Italian carmaker may need to raise capital after it completes a planned buyout of Chrysler.