Fiat's Sergio Marchionne is dropping lots of hints that there will be news of a possible Fiat Auto spin-off on April 21 when an investors' meeting is scheduled in Turin. There will also be a presentation of a five-year strategic plan then. Five years continuing as now? I doubt that, even if ...
Fiat India Automobiles Ltd has launched the Linea today at a starting price of Rs 5.98 lakh, ex-showroom, Delhi. The Linea is a mid-size saloon that will compete with cars like the Honda City and Ford Fiesta on the price front, but will offer near-Corolla levels of interior space. It is being ...
The shutting down of Fiat's factories in Italy “has nothing to do with the factory in the Serbian town of Kragujevac”. This is according to a statement from spokesman for the Italian car manufacturer Richard Gadezelli, whos spoke for the BBC on Tuesday.
Italian Fiat has paid EUR 98mn to the account of the joint company founded with the Serbian government, Fiat Automobiles Serbia. The company already paid EUR 2mn to the newly formed firm.
Fiat is expected to pay its initial EUR 100mn on Tuesday to the Fiat Automobiles Serbia factory account, Kragujevac Mayor Veroljub Stevanović said. He told journalists that Kragujevac has regulated all issues related to property.
Fiat CEO Sergio Marchionne, who also runs Chrysler, intends to spend eight billion euros in technological upgrades and research in Italy in the next two years. He is aiming to make Fiat a million-vehicle producer there, up from today’s 650,000 vehicles a year.
President Boris Tadić says Italian carmaker Fiat will by the end of this year make the EUR 100mn payment in the Zastava deal. Tadić was on a trip to Turin, Italy on Sunday, and said that an annex to the contract between Fiat and the state of Serbia, concerning the ...
Serbian President Boris Tadić has made a surprise visit to the Fiat factory in Turin, where he will be meeting with Fiat Group President Sergio Marchionne. Tadić will visit the Fiat design center. He is also expected to meet with Fiat Group Executive Director Alfredo Altavilla.
Fiat CEO Sergio Marchionne says his company would announce its plans for the car factory in Kragujevac by the end of December. "We thank President (Boris) Tadić and his administration for the continued support they have provided and for having shown patience in allowing Fiat to finalize its findings, which ...
Fiat CEO Sergio Marchionne says his company would announce its plans for the car factory in Kragujevac by the end of December. "We thank President (Boris) Tadić and his administration for the continued support they have provided and for having shown patience in allowing Fiat to finalize its findings, which ...
Belgrade daily Danas writes that Italian carmaker Fiat is once against postponing its move into the Zastava factory in Kragujevac. Despite announcements that the annex to the contract between Fiat and the Serbian government for forming a joint company would be signed on Tuesday, the document will not verified, since ...
A new Fiat model is set to manufacture in the Kragujevac-based Zastava will be sold abroad, writes Belgrade daily Danas. According to the article published on Friday, the production will create close to 2,500 jobs.
A year and a half after a deal on cooperation and investment was signed between Fiat and Zastava, an annex to the contract will establish a joint company. Fiat Automobili Srbija (Fiat Automobiles Serbia) will be set up on November 10 in Kragujevac, according to media reports ...
You may know a lot about China's Renminbi Yuan.But there is a lot about the history of Chinese currency that you likely don't know.China Created the First Metal CoinsAfter trading for many years in shells (3000 to 4500 years ago), and then in shell-sha...
Fiat’s chief architect Diego Velini has given the city of Kragujevac the plans for building the cooperative factories in the Korman Polje industrial zone. The company for producing parts for Fiat will be located on an area of 35 hectares, while another 20 hectares will be set aside for ...
Here come the Big 12 The world's auto industry is transforming rapidly into a dozen geopolitical coalitions with political as well as business agendas. Put...
I have just read a release from Fiat gushing that the model Elle Macpherson is a big fan of the 500C. Fair enough. There are some nice pics of the lady and the car. No harm in that. She was also an attendee at the big Jaguar XJ party in ...
Prime Minister Mirko Cvetkovic, who is in Trieste on a two-day visit, says that Fiat's investment in Serbia might be even bigger than expected. “We see our relationship with Fiat as one of the most important industrial investments in Serbia, and based on the information we share with our partners, ...
Production of the Fiat Punto with a 1.3 liter diesel engine has begun today in Kragujevac’s Zastava factory. Fiat will make two versions of this model—the “Dynamic” and the “Emotion”.
The Fiat 500 C press event I went to at the end of last week was worth going to. Thankfully, I didn't find myself listening to an over-detailed presentation about the technical specs of the car (that stuff should all be available in the press pack). Most journalists appreciate a ...