Fiat first quarter profit soars

Fiat first quarter profit soars

Italian auto giant Fiat said Thursday its net profit in the first quarter soared ten-fold to 379 million euros ($500 million) thanks to its US partner Chrysler, without which it would be in the red.
Fiat overhauls plans for US return as car sales fizzle

Fiat overhauls plans for US return as car sales fizzle

Efforts to bring the Fiat auto brand back to the United States after a 27-year absence are being overhauled amid faltering sales of its Fiat 500 subcompact vehicle.
Fiat steers Chrysler free of US, Canadian bailouts

Fiat steers Chrysler free of US, Canadian bailouts

Italian automaker Fiat has steered Chrysler through US and Canadian bailout exits, the two governments announced Thursday, earning itself a majority stake in the revived US firm.
Chrysler exits government bailout 6 years early

Chrysler exits government bailout 6 years early

US automaker Chrysler announced Tuesday it had exited six years early a US and Canadian rescue program with the repayment of billions of dollars provided during the 2008-2009 economic crisis.
Fiat makes $1.3-bln Chrysler leap for world status

Fiat makes $1.3-bln Chrysler leap for world status

Fiat took a giant step on Thursday to becoming one of the biggest automakers in the world with a $1.3-billion (889-million-euro) deal to boost its stake in Chrysler to 46 per cent.
No immediate plans to merge Fiat and Chrysler: CEO

No immediate plans to merge Fiat and Chrysler: CEO

Fiat and Chrysler chief executive Sergio Marchionne said he had no immediate plans to merge the two automakers as shares in a new stripped-down Fiat began trading on the stock exchange on Monday.
Italy to make Jeeps in billion-euro Chrysler deal

Italy to make Jeeps in billion-euro Chrysler deal

A historic Fiat plant in northern Italy is to start producing Chrysler Jeeps from 2012 under a billion-euro deal announced Friday aimed at deepening ties between the Italian giant and its US partner.