Fiat Needs Up to 7 Billion Euros to Form Europe's Biggest Automaker
5 May 2009, 15:20 UTC · By: Bogdan Popa / Fiat is slowly but surely becoming one of the world's biggest automakers and, even if it finally formed the over-discussed strategic alliance with Chrysler, it is now aiming to purchase the Ger...
Klaus Franz: Fiat Empire Built with US and German Money
5 May 2009, 15:15 UTC · By: Daniel Patrascu / The workers of Germany's Opel now face a choice, one they themselves have no way of making. The options presented to them by those who speak, supposedly, for their interests, are only two: Fiat...
Germany and the Story of the 14 Conditions for State Loans
5 May 2009, 14:04 UTC · By: Bogdan Popa / Opel has longly been in the spotlight, mostly due to its financial instability which led to a bunch of rumors claiming GM Europe, the mother company, is aiming to get rid of the German unit. It appe...
Fiat-Opel-Saab, a Threesome Made in Heaven...
5 May 2009, 13:47 UTC · By: Daniel Patrascu / Sergio Marchionne, Fiat's CEO supposedly called the Opel deal on Monday as being a "marriage made in Heaven", according to AFP. We would call it a threesome, given that recent rumors...
Chrysler's 2010 and 2011 Models in Doubt Due to Chapter 11
5 May 2009, 12:36 UTC · By: Bogdan Popa / Chrysler's recently-confirmed filing for Chapter 11 might also influence the company's short-term plans as 2010 and 2011 models might be delayed, Chrysler manufacturing chief Frank Ewasysh...
Fiat: We'll Keep Opel Plants, But Cut Staff
5 May 2009, 07:14 UTC · By: Daniel Patrascu / Fiat is getting closer and closer to their second objective in this spring offensive. After the Chrysler deal came through, we will find out sometimes in the following days whether Opel will become ...
Fiat after Chrysler Deal: Now We Want Opel
4 May 2009, 14:39 UTC · By: Bogdan Popa / Only a rumor, huh? At least this what Luca di Montezemolo said some time ago when asked by the media whether Fiat is indeed interested in buying the German ailing brand Opel. Well, it appears that t...
The Porsche Wars: Porsche Vs Piech
4 May 2009, 12:02 UTC · By: Daniel Patrascu / Strange reports surfaced over the weekend, stating that the German luxury sports car manufacturer Porsche will be sold to Volkswagen, as part of an attempt to cut the debt of both the Piech and Pors...
The New Fiat: Sky Is No Limit
4 May 2009, 07:18 UTC · By: Daniel Patrascu / Italian manufacturer Fiat is now living in what may be very well considered its best years. The company is engaged in an all out offensive of purchase, alliances and reorganizing, processes which wi...
After Nardelli, LaSorda Leaves Chrysler Too
3 May 2009, 16:03 UTC · By: Bogdan Popa / Chrysler is surely experiencing the largest restructuring plan it could get and, after the company’s CEO Robert Nardelli announced he will leave the company, another key official confirms his ...
Chrysler to Sell Assets to Fiat, Close Plants
3 May 2009, 16:42 UTC · By: Daniel Patrascu / As a result of Thursday’s bankruptcy filling, the American manufacturer is said to plan the sale of most of its assets to their new partner, Fiat. In addition, the Michigan-based company unvei...
Fiat: We Want Opel
3 May 2009, 16:35 UTC · By: Daniel Patrascu / As you already know by now, the Italian manufacturer has already signed for the takeover of a 20 percent stake in bankrupt American manufacturer Chrysler, and even is supposed to take over the compa...
Confirmed: Chrysler Files for Bankruptcy, Nardelli Will Leave
30 Apr 2009, 18:34 UTC · By: Daniel Patrascu / This news no longer comes as a surprise, as reports claiming that the US manufacturer will enter Chapter 11 have been with us throughout the day. Finally, they have been concluded with the confirmat...
Update: Chrysler to Go Into Bankruptcy
30 Apr 2009, 14:45 UTC · By: Daniel Patrascu / Contradictory news about the future of Chrysler have surfaced throughout the day, yet, as we reported one hour ago, one thing seems to be certain. Chrysler will seek Chapter 11 protection, after fai...
Fiat-Chrysler Are One, Chapter 11 Will Follow
30 Apr 2009, 13:10 UTC · By: Daniel Patrascu / The struggle of American manufacturer Chrysler seems to be over, as Corriere della Sera announced it has reached an agreement with Fiat regarding their future together. Although yet unconfirmed, the...
The Good Samaritan: Magna's Stronach Wants Only to Help Opel
30 Apr 2009, 09:12 UTC · By: Tudor Raiciu / If you've been reading our reports, you must have heard the rumors that Opel is being disputed by Magna International and Russian oligarch Oleg Deripaska on one side and sneaky Fiat on the othe...
UAW Ratifies Chrysler Contract
30 Apr 2009, 06:55 UTC · By: Daniel Patrascu / Awaiting today's decision regarding its future along side Fiat, Chrysler managed to ratify it's restructuring contract with the UAW. 82 percent of production workers, 80 percent of the ski...
GM to Continue Opel Negotiations Till May, Hints at Possible Sale
29 Apr 2009, 15:26 UTC · By: Bogdan Popa / There are a lot of rumors surfacing these days when it comes to GM's German unit Opel but, according to General Motors' new CEO Fritz Henderson, negotiations regarding a potential investme...
Fiat Vice Chairman Confirms Chrysler Deal Decided Thursday Evening
29 Apr 2009, 14:21 UTC · By: Bogdan Popa / Only one day left until we'll finally find out whether Fiat and Chrysler will finally join their forces for one the largest strategic alliances in automotive industry or continue on their own. ...
Fiat Ducato Panorama for the Pope's Abruzzo Visit
29 Apr 2009, 14:51 UTC · By: Daniel Patrascu / For the visit Pope Benedict the XVIth made yesterday to the Abruzzo region in Italy, the area struck by the 6.3 magnitude earthquake, Fiat has made available a special version of the Ducato Panorama...