...Matts Carlson, an automotive analyst at Gothenburg Management Institute in Sweden, said Chinese automakers or Italy's Fiat Group SpA might still be interested, but he acknowledged there is a substantial risk that Saab could be closed for good...
...improves over the next five years, says Sergio Marchionne, Chrysler's new CEO, who has turned around Italian automaker Fiat Group SpA. Marchionne made his remarks after a daylong presentation of his five-year plan to save the ailing 84-year-old...
...to get the Supreme Court to intervene. Chrysler LLC wants to sell the bulk of its assets to a group led by Italy's Fiat Group SpA as part of its plan to emerge from bankruptcy protection. The emergency requests went first to Justice Ruth Bader...
...Indiana state pension and construction funds trying to block Chrysler's plans to sell most of its assets to Italy's Fiat Group SpA. But the court kept the deal on hold until Monday to allow an appeal to the Supreme Court. Chrysler has maintained...
...Attorneys for Chrysler LLC said the company will file a motion by this morning to sell its major assets to Italian automaker Fiat Group SpA, but that won't include eight plants, including five the automaker revealed it will close by the end of next...
...anonymity because the call was private. The automaker is living on $4 billion in government loans. Chrysler must take on Fiat Group SpA as a partner, cut debt and reduce labor costs by April 30 if it wants an additional $6 billion. Fiat CEO Sergio...
...attention was clearly on the small car that Chrysler might bring to the U.S. if it completes its tie-up with Italy's Fiat Group SpA. "Don't you think that this would be a perfect car to get around New York City?" he asked the crowd. Auto...
...Italian industrial conglomerate, Fiat Group said Friday its losses narrowed in...Fiat management sold off some of Fiat Group's profitable but non-auto units, a move that helped cut what Fiat Group owed from about 6 billion euros...
...primarily because of lower-profit sales to car rental companies and other fleet buyers.Chrysler, now run by Italy's Fiat Group SpA, said Wednesday it lost almost $200 million in the first quarter. But it said it boosted its cash reserves by...
...turned out, GM and Chrysler did file for bankruptcy protection last year, and Chrysler is now run by Italian automaker Fiat Group SpA.The trusts are now in jeopardy. Under a government-led emergence from bankruptcy protection, GM's UAW trust...
The Augusta Chronicle ©2011. All Rights Reserved.