Fiat contends it has the best bid for GM’s European operations, but Opel may be looking elsewhere. LONDON – In a crowded bid to see who will win Opel, General Motors’ European unit, several reports said Thursday that Magna International was a preferred …
Thousands of workers from the Italian carmaker Fiat have held a demonstration near the company’s headquarters to call for job guarantees.
Thousands of workers marched from the Mirafiori factory in the northern Italian city to near the headquarters, where union leaders gave speeches.
By Anthony DiPaola May 9 (Bloomberg) — Fiat SpA’s bid for General Motors Corp.’s Opel unit is “more advanced” than a rival’s as Italy’s largest carmaker pledges to keep more jobs in Europe, a German government official involved in the talks said.
Chrysler moved closer toward selling the company—or at least, the brands and plants that potential buyer Fiat Auto wants to keep—in bankruptcy court yesterday.
Italian auto maker Fiat SpA (FIATY) denied Tuesday a report on the Web site of the Frankfurter Allgemeine Zeitung alleging the company plans to close 10 plants throughout Europe and cut 18000 jobs once it takes over German car maker Adam Opel AG and …
DETROIT -(Dow Jones)- Chrysler llc’s fate now hinges on finalizing a partnership with Fiat spa (FIATY) after the auto maker won a tentative cost- cutting deal with its debt holders Monday.
Can Fiat CEO Sergio Marchionne add two ailing carmakers—Chrysler and Opel—and come up with one automotive success story? Maybe… By Carol Matlack Is Fiat Chief Executive Sergio Marchionne overreaching?
MILAN (Reuters) – Italian industrial group Fiat SpA (FIA.MI) said on Thursday it was still in talks to form a partnership with ailing US carmaker Chrysler CBS.
By NELSON D. SCHWARTZ TURIN, Italy – Fiat, the Italian automaker, is considering an acquisition of General Motors’ Opel division in Europe, and has discussed a potential deal with government negotiators in Washington, executives at GM and …