Fiat
Manufacturing Company, Automotive Company, and Company
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Chrysler appoints new information officer, treasurer...in the latest management shake-up under Chief Executive Sergio Marchionne. Scott Sandschafer, a former executive at CNH America LLC -- a Fiat SpA <FIA.MI> subsidiary -- was appointed vice president and chief information officer, reporting to... In this article: Fiat SpA, U.S., Bankruptcy, and Dodge |
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Telegraph.co.uk - Business | 3 days ago
Lord Mandelson attracted by Fiat partnership with Opel
Lord Mandelson has admitted there was "some appeal" to a tie-up between Fiat and Vauxhall/Opel as Europe faces a battle to remain competitive in the global car industry. Speaking at the Society of Motor Manufacturers and Traders...
In this article: GM, Europe, Magna, Saab, Sergio Marchionne, Opel, and Britain
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Michigan Live | 3 days ago
Report: Obama auto task force considered plan for GM to acquire Chrysler assets if Fiat deal fell through
...the heels of merger talks last summer -- came too late as the Obama administration backed a deal to turn control of Chrysler to Italy's Fiat SpA. Some in the Obama administration argued the deal could have added $20 billion to GM's market...
In this article: GM, Chrysler, Fiat SpA, Bankruptcy, GMAC, United Auto Workers, Carl Icahn, and Detroit
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MarketWatch.com - MarketPulse | 7 days ago
Fiat cut to neutral from buy at UBS
MADRID (MarketWatch) -- Italian automaker Fiat /quotes/comstock/23g!f (IT:F 10.27, -0.25, -2.38%) was cut to neutral from buy on Friday at UBS, which said it sees lower equity value for Chrysler. UBS said it continues to see value in Fiat as...
In this article: Chrysler, Instant coffee, PSA Peugeot Citroen, Starbucks, MarketWatch, Europe, Madrid, and Brazil
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Reuters | 7 days ago
Commodities lift European shares; Fiat, SEB slip
...session's sharp falls and snapped a three-day losing run, aided by gains in commodity stocks on firmer raw material prices but Fiat fell on a UBS downgrade. By 0818 GMT, the FTSEurofirst 300 <. FTEU3> index of top European shares was...
In this article: Balance sheet, Vedanta Resources, Xstrata, Royal Dutch Shell, Morgan Stanley, Total, BHP Billiton, and BP
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Forbes.com Business News | November 17, 2009
More U.S. Taxpayer Help For Fiat
Michigan extends tax breaks to 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...
In this article: Chrysler, Michigan, U.S., Tax, Bankruptcy, UAW, and Fiat 500
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The Times of India - Business | November 17, 2009
Fiat set to drive in small car in 2011
...Niyogi, TNN 18 November 2009, 01:59am IST KOLKATA: The prototypes of the first ever made-for-India car from Italian auto giant Fiat SpA will arrive in India in a year's time for extensive road trials. The results and feedback from the...
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Reuters | November 14, 2009
Fiat plans to boost Italy output 40 pct - report
Automaker Fiat SpA <FIA.MI> plans to boost Italian output about 40 percent to 900,000 units a year under a restructuring scheme, la Repubblica newspaper reported on Saturday. Fiat, which owns 20 percent of U.S. car maker Chrysler, will...
In this article: La Repubblica, Italy, Turin, Pomigliano, Poland, Alfa Romeo, Sergio Marchionne, and Chrysler
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Reuters | November 11, 2009
Fiat Oct market share in Western Euroe 8.8 pct - Global Insight
Fiat SpA's <FIA.MI> October market share in Western Europe is estimated at 8.8 percent, Global Insight director Pierluigi Bellini told Reuters on Wednesday. The Western Europe market share of the Italian group was 8.6 percent in October of...
In this article: Fiat SpA, Western Europe, and Reuters
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USATODAY.com | November 04, 2009
As Chrysler sits on blocks, what will Fiat do to fix it?
...Chrysler, Dodge and Jeep models that are supposed to be discontinued by 2012. Less has been said about what Fiat Group models might replace them. The accuracy of those reports, which have kept Chrysler scurrying to stamp out rumors without...
In this article: Fiat Group, Chrysler, U.S., Sergio Marchionne, Standard & Poor's, Bankruptcy, and Dodge Avenger
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Reuters | November 02, 2009
Fiat plans to narrow Chrysler, Dodge brands-sources
...Jeep as international brand * Fiat announcement to highlight fuel-saving technology By Jo Winterbottom and Kevin Krolicki Fiat SpA's <FIA.MI> plans for Chrysler will scrap the U.S. automaker's long-held plans for its brands outside...
In this article: Chrysler, Dodge, Jeep, Sergio Marchionne, North America, U.S., United Auto Workers, Electric car, and Bankruptcy
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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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