Fiat
Manufacturing Company, Automotive Company, and Company
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More U.S. Taxpayer Help For Fiat...Chrysler for an engine factory. DETROIT -- The federal government already paved the way for Italy's Fiat to take control of Chrysler back in June, when it orchestrated the carmaker's exit from bankruptcy. Now the state of Michigan is... In this article: Fiat, Chrysler, Michigan, U.S., Tax, Bankruptcy, UAW, and Fiat 500 |
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FT.com - Companies | 5 days ago
Fitch warns of drawn-out car sales recovery
...governments, and a United Auto Workers union healthcare trust. A group of bondholders has a minor equity stake in GM, while Italy's Fiat now owns 20 per cent of Chrysler. Fritz Henderson, GM's chief executive, raised the prospect of an...
In this article: General Motors, Fitch, Chrysler, US, Detroit, Cash flow, Bankruptcy, and United Auto Workers
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PR Newswire: Automotive Industry | November 05, 2009
Teamsters Protest Fiat/Chrysler's Attack on American Carhaul Jobs Outside Embassy of Italy
...pay and against mass layoffs. "I also want to express the Teamsters Union's solidarity in these trying times with our brothers and sisters in Italy who work at Fiat and along its supply chain," Hoffa wrote. "We share your concern for the...
In this article: Teamsters Union, Italy, Supply chain, Chrysler, Automotive, Consumer Action, and Australian Services Union
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Autoblog | November 19, 2009
Government reportedly encouraged by Fiat's plan for Chrysler, sees huge sense of urgency
...products coming from Auburn Hills via Italy. Government reportedly encouraged by Fiat's plan for Chrysler, sees "huge sense of urgency" originally appeared on Autoblog on Thu, 19 Nov 2009 08:58:00 EST. Please see our terms for use of feeds.
In this article: Chrysler, Sergio Marchionne, Auburn Hills, MI, Filed, United Auto Workers, John McCain, and Barack Obama
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Detroit News | November 19, 2009
Ex-czar gives Chrysler take
...not a huge ingredient, a huge determinant of success." Advertisement The government turned over 20 percent of Chrysler and control of the company to Italy's Fiat SpA. Fiat CEO Sergio Marchionne also holds the top job at Chrysler Group...
In this article: GM, Steven Rattner, Chrysler, Carlos Ghosn, Renault-Nissan, Balance sheet, and Robert Nardelli
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Detroit Free Press | 8 hours ago
Inside Detroit autos: Ford improves in value survey
...some factories in Italy, CEO Sergio Marchionne said. Fiat has already said it will end car production at its Termini Imerese plant in Sicily, but will use it for other manufacturing. Marchionne is to meet Dec. 21 with Italian Prime...
In this article: GM, Sergio Marchionne, Chrysler, California, Electric car, Chevrolet Cruze, and Chevrolet
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Description from Wikipedia:
Fiat S.p.A., an acronym for Fabbrica Italiana Automobili Torino (Italian Automobile Factory of Turin), is an Italian automobile manufacturer, engine manufacturer, financial and industrial group based in Turin in the Piedmont region. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli. Fiat has also manufactured tanks and aircraft. As of 2009, Fiat is the world's 6th largest carmaker as well as Italy's largest carmaker.
Fiat-based cars are constructed all around the world, with the largest amount produced outside Italy being built in Brazil (best seller). It also has factories in Argentina and Poland. Fiat has a long history of licensing its products to other countries regardless of local political or cultural persuasion. Joint venture operations are found in Italy, France, Turkey, India, Serbia and Russia.
Agnelli's grandson Gianni Agnelli was Fiat chairman from 1966 until his death on 24 January 2003; from 1996, though, he only served as an "honorary" chairman, while Cesare Romiti served as chairman. After their removal, Paolo Fresco served as chairman and Paolo Cantarella as CEO. Umberto Agnelli then took over as chairman from 2002 to 2004. After Umberto Agnelli's death on 28 May 2004, Luca Cordero di Montezemolo was named chairman, but Agnelli heir John Elkann became vice chairman at age 28 and other family members are on the board. At this point, CEO Giuseppe Morchio immediately offered his resignation. Sergio Marchionne was named to replace him on 1 June 2004.
- Name:
- Fiat S.p.A.
- Type:
- Public (, (ADR))
- Location:
- Turin, Italy
- Founder:
- Giovanni Agnelli
- Founded:
- 11 July 1899 in Turin, Italy
- Industry:
- Automotive, publishing, finance and metallurgy
- Key People:
- Products:
- Autos, Trucks, vehicular equipment and financial services
- Revenue:
- €59.4 billion (2008)
- Net Income:
- €1.721 billion (2008)
- No. of Employees:
- 200,701 (2008)
- Subsidiaries:
-
- Automobiles:
- Maserati S.p.A.
- Fiat Group Automobiles S.p.A.:'Abarth & C. S.p.A.'Alfa Romeo Automobiles S.p.A.'Fiat Automobiles S.p.A.'Fiat Light Commercial Vehicles S.p.A.'Lancia Automobiles S.p.A.Agricultural and construction equipment:CNH Global N.V.Commercial vehicles:Iveco S.p.A.Components and production systems:Fiat Powertrain Technologies S.p.A.'Magneti Marelli Holding S.p.A.'Teksid S.p.A.'Comau S.p.A.Other business:Itedi S.p.A.'La Stampa
- Ferrari S.p.A.
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