Donald Trump does not give up on threats and this time he takes it out on Stellantis which risks suffering a 100% tariff if it tries to move jobs from the US to Mexico. But first Trump must try to become President
At the Consumer Electronic Show in Las Vegas Chrysler presented (at the concept level and not as a model of imminent production) its new jewel, intended for a generation of users identified in the Millennials: the 6-seater minivan will go…
The group has recalled 1,9 million cars over airbag and seatbelt defects that could have caused three deaths and five injuries
The agreement provides that FCA will supply around one hundred prototypes based on the Pacifica Hybrid minivan, presented at the Detroit Motor Show last January, by the end of 2016 - The models will be built "specifically for the autonomous driving programme...
The group achieved profits of 92 million euros, against a loss of 173 million in the same period last year - Targets for 2015 confirmed - Among the brands, the star is still Jeep.
The performance of the Jeep brand was particularly significant in February, with sales up 200% - Fiat (+5,5%), Lancia/Chrysler (+5,8%) and Alfa Romeo (+3,3%) also doing well .
No indication on the timing, but for the CEO of the group it is "a necessary step" and "there is no restriction on a possible candidate" - "We are making a huge effort in terms of capital to develop the platforms and…
Former Chrysler sold 193.261 vehicles in the US market, up 20% from the same month in 2013, best December since 2004 and highest level since 2006
The stock soars on the stock exchange - In November Panda and 500 hold 28,4% of the share of their segment, while Jeeps soar with increases even in triple digits - Ferrari and Maserati: 490 new racing cars sold
The FCA-controlled Detroit giant recorded a 20% increase in registrations, to 170.839 units: it is the 56th consecutive month on the rise.
Worldwide sales rose by 18% to 711 units with the American market share rising to 12,3% from 11,2% and that in Canada to 14,9% from 14,3%.
The Chrysler brand posted a 55th consecutive month of sales growth, with Jeep in particular achieving a record October and the largest sales increase among the group's brands (+52%).
A note from the company adds that the operation is to be completed by 2015 and that Ferrari's listing is expected on Wall Street and in another European market - Fiat Chrysler and…
The creature born from the merger between Fiat and Chrysler makes its debut on the New York Stock Exchange the day after Columbus Day and on the day Ferrari celebrates its 60th birthday overseas, immediately recording a +5,63% to 9,3398 dollars,…
On Monday, Fiat greets Piazza Affari to become FCA and debut on Wall Street where Elkann and Marchionne will ring the classic bell: the stock will be traded on the two stock exchanges - The group will invest more than 60 billion dollars in over…
The CEO of Fiat Chrysler at the Paris Auto Show: "The increase is useless from the point of view of the budget and prospects" - "State aid in Luxembourg? Just a headache" - Sales hypotheses denied of the Polish plant…
For the Detroit home it is the best September since 2005, and the fifty-fourth consecutive month of increases - The figure is also higher than the expectations of analysts, who expected growth of 16%.
Matteo Renzi, on a visit to Chrysler in Auburn Hills in the USA, told Marchionne: "Italy must do it as the 15 employees of this factory did it" - And again: "If reinstatement is a constitutional obligation because the…
The advertising campaign of the first Jeep produced outside the United States has started, in the Italian factory in Melfi. Emotions and adventure in the story of rapper Victor Chissano. Meanwhile Marchionne is tightening the deadlines for the quotation fixed for 13 October
"My assignment at Ferrari is long-term, I will stay as long as necessary" - The manager also specified that there are no plans to create any luxury hub resulting from the merger between Ferrari, Maserati and Alfa…
The CEO of Fiat-Chrysler assures that the Cavallino "was born and will remain Italian" - Montezemolo: "After 23 years that have passed very quickly, today I resign from Ferrari. An era is over" - Amedeo Felisa remains CEO - The title of the…
Marchionne was the star of the Ambrosetti workshop in Cernobbio - On a political level, he asked Renzi to focus on the three priority reforms - On a business level, to those who asked him if Fiat will make a capital increase…
The value of the shares on which the right of withdrawal was exercised stopped at 463,3 million, remaining under the ceiling of 500 million established as the threshold beyond which the merger with Chrysler would not have been possible…
As stated in the company press release, the Chrysler, Jeep and Ram Truck brands were the driving force - On the other hand, it should be noted that sales of the Fiat brand in the United States fell by 20% in August.
"A possible decision on a capital increase will be taken by the board convened for the end of October", said Marchionne - The brokers are however convinced that, in order to pursue the ambitious objectives promised in May (60% sales growth…
The group clarifies that it does not want to touch the 500 million limit for the exercise of the right of withdrawal by shareholders: a ceiling which, if exceeded, will invalidate the merger with Chrysler - The threshold could only be raised through…
The Lingotto clarifies that, even if the merger with Chrysler were not completed due to the non-fulfilment of the conditions precedent, no impact would be expected on relations with the Detroit giant and there would be no consequences for…
After yesterday's -5,5%, today at the end of the morning the Lingotto stock gained just under four percentage points - In the last few sessions, the Fiat stock fell due to fears of an exercise of the right of withdrawal…
In the second quarter, Chrysler's market share in the United States rose to 12,1% - In terms of global deliveries, the Detroit giant reached 727 units, up 10% from 660…
In the early afternoon, the Lingotto stock on the Stock Exchange accelerated downwards which led it to a volatility auction - There are rumors among international operators of an antitrust investigation in China which could end in a conviction…
The Fiat shareholders' meeting is called to approve the merger with Chrysler for the last time in the Piedmontese capital - The company, after the vote, will be officially incorporated into Fiat Investments which will take on the name of Fiat Chrysler Automobiles (Fca) - …
The indiscretion, currently denied, comes from the Financial Times: Peugeot Citroen and Fiat-Chrysler are allegedly evaluating a merger hypothesis that would lead to the creation of the world's fifth largest car manufacturer with a production capacity of eight million vehicles a year.
The CEO barred the door to any possible speculation on the German trail: "The hypothesis is closed, it never happened" - The manager then announced that the group's IPO on Wall Street will be held in the first two weeks of October .
The models affected by the recall are the Jeep Grand Cherokee manufactured from 2005 to 2007 and the Jeep Commander SUV models manufactured in 2006 and 2007 - The units recalled are 649.900 in the USA, 28.800 in Canada, 12.800 in Mexico…
WE ARE NOT JUST PREY - When a foreign investor comes to Italy to buy companies, an anti-historic wave of protests often arises (Indesit and Alitalia but not only) - In reality, internationalization has a forward channel and one of…
The Lingotto stock travels in sharp contrast on the Ftse Mib after the data on European registrations for the month of June - An indiscretion from Germany also affects the positive trend. According to the German monthly Manager Magazin, the Volkswagen Group…
The shareholders' meeting will also be called upon to confirm Glenn Earle as director, appointed by the board of directors on June 15 with effect from June 23 to replace Gian Maria Gros-Pietro.
US automakers beat analysts' expectations in June sales with Chrysler, Ford and General Motors - For Chrysler, June sales at 171.086 vehicles, up 9% thanks also to the performance of the SUV…
"Listing on Wall Street in the fourth quarter" - According to the CEO, the good performance of the US market will continue to drive the group's sales - "We will close the contract as soon as possible, we are committed" - "Rejoining Confindustria? I do not believe,…
A decisive step was taken over the weekend to give life to Fiat Chrysler Automobiles and bring the registered office of the automotive group to Holland, where, thanks to the possibility offered by local legislation, a mechanism was also adopted…
The brand of the Fiat Chrysler Automobiles group recorded record performance in May, with sales up 55% on an annual basis - For the first time in history, the mark exceeded 100 cars sold in a month - From the beginning…
Looking at the individual brands, Chrysler sales dropped 22%, Dodge sales grew 3% - Jeep registrations grew 58%, the best month ever, and the best performance among the…
As for his 10 years at the helm of the Lingotto, Marchionne sums up by recalling that in this period "the whole world has changed, but we have reacted very badly to the crisis of recent years. Now there are no alternatives, as Renzi says,…
The CEO of Fiat Chrysler, on the sidelines of the commemoration for the tenth anniversary of the death of Umberto Agnelli, defined the group's 2014 targets as "absolutely feasible", despite the skepticism of analysts - The stock is doing well on the Stock Exchange.
The red was above all determined by extraordinary charges for 1,2 billion dollars, including those linked to the payment of the share to Veba, the fund of the United Auto Workers union - Chrysler however confirms the objectives for the current year…
The markets are anxiously awaiting the data on US jobs but in the meantime Piazza Affari is the leading stock exchange in Europe driven by the revival of manufacturing - The approaching capital increase gives strength to Bpm - Chrysler sales and the imminent…
The publication of data relating to sales of the subsidiary Chrysler in the United States gave wings to the Lingotto shares, which in April recorded a leap of 14% on an annual basis - Awaited new business plan…
Chrysler Group US registrations up 14% year on year in April - Jeep sales up 52% year on year - French auto market up 5,8% year on year, Renault leaps :…
Fiat-Chrysler has announced that from 2015 it will start producing the legendary Jeep in China to meet the demand of the world's largest automotive market.
March was the best month since the brand returned to the US market in 2011 and the fourth consecutive increase on an annual basis.
The Detroit giant, part of Fiat Chrysler Automobiles (FCA), recorded 154.866 registrations, marking the best February since 2007 and the 47th consecutive month of sales increase.
The transaction includes the issuance of senior guaranteed bonds for approximately three billion and senior guaranteed loans for approximately two billion - The savings in interest costs that the Fiat group expects to realize following the refinancing operations…
The American company, a subsidiary of Fiat, has set the offer price for the issues of two bonds maturing in 2019 and 2021 - Upon maturity, the two bonds will offer a yield of 6,165% and 6,433% annually respectively.
2014 starts with a bang for the two car manufacturers in the United States - Sales on the rise, it's the best January in recent years - Registration data in detail
Marchionne: "There are the foundations for a global group" - Elkann: "A new chapter in our history begins" - The tax office in the UK gives advantages to those who accrue dividends abroad - Registered office in the Netherlands - The IPO in Ny …
Lingotto's net profit rose to 1,951 billion euros last year from 896 million in 2012 - At December 31, 2013, the Fiat group's net industrial debt was 6,6 billion euros, up on year…
According to Bloomberg, the Fiat Chrysler group is seriously evaluating the possibility of moving its registered office to London and the main listing to New York - Il Lingotto declined to comment on the rumors.
The trading profit of the Fiat group (including Chrysler) in 2013 is expected to be over 3,6 billion euros, with the decisive contribution of the American company equal to 3,1 billion - Profits are also expected for Ferrari and Maserati …
Lingotto has completed the acquisition of the share held by the Veba fund in Chrysler and has finally gained 100% control of the US group - Legal action withdrawn before the Delaware court on the call option contract
In particular, there is now a bet on the headquarters and on the Stock Exchange listing of the new reality born from the merger of the two companies - Fiat earns money in Piazza Affari also awaiting the placement on Wall Street which CEO Sergio Marchionne believes…
Piazza Affari is once again among the best European stock exchanges (+0,66%): the performance of bank stocks, above all Banco Popolare and Ubi, and the drop in rates recorded in the first auction of the year of Btp - Brilla Saipem were decisive –…
The CEO Sergio Marchionne clarifies the management's position on the convertible: "We will decide if it is necessary after the presentation of the industrial plan", but for now it remains an idea "that we have not embraced" - Excluding, however, the capital increase .
The listing on the Stock Exchange and the new headquarters of the Fiat-Chrysler group are among the "matters to be discussed at the end of the month, on January 29, but the strategic line of the group is clear, the development of premium brands is the way" –…
Marchionne clearly explained Fiat's strategy to Repubblica but many insisted on asking for blind investments in the Lingotto without understanding that their realization is not an independent variable but depends on market trends and…
Record sales for the Jeep brand in 2013 - The brand owned by Chrysler, in which the Fiat group recently rose to 100%, recorded a +4% compared to 2012
After rejecting Marchionne's revolution for years, the Italian establishment applauds Fiat with some hypocrisy for its historic conquest of Chrysler, but the ill-concealed coldness of Confindustria speaks volumes - The problem is not understanding that…
In 2013, the group grows for the fourth consecutive year in the United States - Total sales register +9% compared to the previous year - Cars +11%, trucks +8% - Double-digit increases for Jeep brands…
Lingotto's move on Chrysler's remaining stake receives the green light from the financial community - Several positive opinions on the operation which removes uncertainty from the investment case and involves a limited outlay (therefore without the need for recapitalisation).
Chrysler's historic conquest makes Fiat soar on the stock market too: by mid-day the stock gains more than 13% - Exor is also up sharply - The rest of Piazza Affari is cautious, except for Fonsai and…
"This moment will end up in the history books": this is how Sergio Marchionne rejoiced after the Fiat-Chrysler operation - At the moment one thing is certain: the American agreement has literally conquered the markets, which reward both Fiat and the Agnelli Exor financial company , And…
Fiat soars on the Stock Exchange with the share marking +15% to 6,84 euros thanks to the agreement to go up to 100% of Chrysler, welcomed very favorably by analysts. "A historic moment and the beginning of a new chapter in our future". AND'…
Fiat conquers America but the news does not shake the world press too much: overseas, perhaps displaced by Marchionne's coup, the reactions are on average tepid - The only one to celebrate the Italian-Canadian CEO is the Financial Times - Little attention Also…
The historic conquest of Chrysler by Fiat without capital increases promises fireworks: the seventh global car group will be born
Marchionne won and reached an agreement with Veba to buy the remaining 41,4% of Chrysler which now becomes wholly owned by Fiat - The Chrysler-Fiat merger and the listing on Wall Street will follow - Fiat paid 3,65 billion…
Fiat gains more than 1% in mid-morning on the Ftse Mib, with the market betting on the successful outcome of the negotiations underway between Lingotto and the American union Veba for the purchase of the remaining stake held by Veba in Chrysler.
According to Bloomberg, a meeting between the two sides took place this week after the UAW rejected a higher offer from Chrysler earlier this month - Meanwhile, Chrysler cut interest on a $22 million…
Sales last month came in at 142.275 (the best November since 2007, before the auto industry entered a deep recession) thanks at least in part to the positive reception of the new 2014 Jeep Cherokee model.
The Turin-based company that controls the Detroit group also expects that "Chrysler Group will continue to work to take the necessary steps to allow the launch of an offer in the first quarter of 2014", but specifies that "it is not possible…
The calculations in view of the IPO desired by the minority shareholder, the Veba fund, which would like to put its 4,15 billion share on the market or directly to Fiat - According to other estimates, the Detroit group was valued at 13 billion and…
This is the best October since 2007 - Reid Bigland, sales manager for the United States, said that "after a mixed start to the month, Chrysler sales accelerated in the second part of the month thanks to a newfound…
The third quarter of Chrysler Group, a subsidiary of Fiat, closed with profits up 22% on an annual basis, to 464 million - In the first nine months of 2013, profits amounted to 1,137 billion - Satisfied Marchonne:…
Lingotto CEO Sergio Marchionne has announced heavy investments in the Central American country: 120 million to expand engine production at the Saltillo plant - Fiat has recently inaugurated production of the American version of the…
September closes with a positive sign for the Chrysler group in the United States. Sales grew by 1% and meant that the month that just ended could be considered the best September since 2007.
According to Professor Berta, former director of the Fiat historical archive, "the IPO is the only way for Marchionne to establish a market price, given that he neither wants nor can pay the price asked by Uaw" - "This is the last card for…
The news came yesterday after the closure of Wall Street: Chrysler Group, controlled by Fiat, filed a request for listing on the Stock Exchange, where it has been missing since 1998.
The CEO of Fiat Chrysler, Sergio Marchionne, spoke of the IPO on Chrysler and said that, if the market is not ready, the date will be moved to the first quarter of 2014 - As regards, however, the listing on Wall Street of …
Chrysler Registrations Grow for 41st Consecutive Month - Good performance for Chrysler, Jeep, Dodge, Ram Truck and Fiat brands, which recorded year-over-year sales increases.
MEDIOBANCA R&D SURVEY ON THE MAJOR LISTED ITALIAN GROUPS - Turnover, margins and profits are affected by the crisis and are declining - The Italian industrial panorama shaken by Fiat's takeover of Chrysler - The role of foreign acquisitions…
Last month, the Detroit company recorded an 11% increase in sales in the US and thus reaches 40 consecutive months of sales growth - Good debut of the new 500L.
The Delaware Court decided that Fiat "has the right to purchase a part of Veba's stake in several tranches at a price to be determined according to a predefined formula", reads a note from Lingotto.
Sergio Marchionne does not see an imminent deal to buy Fiat's Veba stake in Chrysler. Marchionne provided clarifications on the ongoing negotiations with the fund managed by the car union during the conference call following the publication…
Fiat's second quarter closes with higher-than-expected profits at 435 million euros - Lingotto confirms estimates for 2013 - Chrysler subsidiary records a 16% increase in profits on…
After Fiat Industrial, Fiat-Chrysler could also move its headquarters to the Netherlands - Group CEO Sergio Marchionne said today when answering questions from a journalist - The merger with Chrysler will take place immediately after the purchase of the stake…
According to Lingotto calculations, the net price to exercise the call option on the third tranche (equal to 3,3%) of Veba's shareholding in Chrysler will be 254,7 million dollars.
Chrysler sold 908.332 cars in the United States, 9% more than in the first half of 2012 - The Chrysler Group press release also states that 4.050 Fiats were sold in June, 1% more than the 4.004…
Wide-ranging speech by the president of Fiat, a guest at Bocconi this morning: "On Chrysler and RCS we are going ahead as we announced" - On Tevez: "Finally a number 10 worthy of our history" - On Ferrari: "I exclude the listing in Bag".
As for Fiat Industrial, the company's shares are in positive territory after announcing together with CNH Global that the SEC has declared the information document for US shareholders relating to the post-merger newco effective.
According to sources cited by the Bloomberg agency, the Delaware judge could open a real debate for the arbitration sentence on the Veba fund, thus going beyond the end of the third quarter.
The manager calls for the merger "as soon as possible", but it is necessary to close the negotiations with the union that owns 41,5% of Auburn Hills - "Commitment to employment in Italy".
The US agency for road safety has recommended Chrysler to recall 2,7 million vehicles, but the Detroit company has refused.
