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Will Alfa Romeo Be The Big Story For Fiat Chrysler In 2016?

2015-12-29 12:50:14| Automakers - Topix.net

Fiat Chrysler had an excellent year in 2015, much to the benefit of stock holders. Market share increases and the successful flotation of Ferrari were allied to astute management of the company debt.

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Fiat Chrysler CFO gets another job role in 2016

2015-12-29 01:10:47| Automakers - Topix.net

Fiat Chrysler Automobiles NV has announced that its Chief Financial Officer, Richard Palmer, will have more responsibilities added to his job description in the following year. The carmaker stated that Palmer will become the chief operating officer of the company's systems and castings operations starting January 2016.

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Fiat Chrysler buys Tesla, Toyota, Honda emissions credits

2015-12-17 03:22:36| Automakers - Topix.net

WASHINGTON: Fiat Chrysler Automobiles NV, which lags the auto industry in fuel efficiency, purchased U.S. greenhouse gas emissions credits from rival automakers Toyota Motor Corp, Tesla Motors Inc and Honda Motor Co, a government report released on Wednesday show. The Environmental Protection Agency said Wednesday that the Italian American automaker has purchased about 8.2 million megagrams of emissions credits.

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Fiat Chrysler shareholders approve Ferrari spinoff

2015-12-03 21:34:49| Automakers - Topix.net

Fiat Chrysler Automobiles investors today approved the spinoff of its supercar unit Ferrari -- part of CEO Sergio Marchionne's plan to raise cash and reduce debt at the group. Shareholders voted about 98 percent in favor of the separation, in which Fiat Chrysler will distribute the remaining 80 percent stake in Ferrari to its own investors starting early next year.

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Fiat Chrysler shareholders approve de-merger of Ferrari from group

2015-12-03 14:20:03| Automakers - Topix.net

FCA sold 10 percent of Ferrari in an initial public offering in October and will distribute its remaining 80 percent in the maker of supercars such as the 1 million-euro LaFerrari to FCA shareholders once the unit is spun off at the start of January.

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