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Chrysler seeking new bailout terms

Chrysler seeking new bailout terms

DETROIT, Feb. 5 (UPI) -- Chrysler Group LLC's chief executive officer said the automaker is negotiating for a better deal on its U.S. bailout and seeking a new $3 billion grant.
Fiat ready to raise wages, share profits

Fiat ready to raise wages, share profits

TURIN, Italy, Jan. 18 (UPI) -- Automaker Fiat said it is ready to raise salaries for its Italian workers to German worker levels and share profits if they help lower production costs.

Fiat wins givebacks from Turin workers

TURIN, Italy, Jan. 15 (UPI) -- Workers at a Fiat factory in Italy have agreed to major concessions in the face of company threats to move abroad.
CEO calls Fiat split essential

CEO calls Fiat split essential

TURIN, Italy, Jan. 3 (UPI) -- Italian manufacturing giant Fiat's split into two companies was a critical step, Chief Executive Officer Sergio Marchionne said Monday.

Marchionne pushes Michigan to fund DRIC

DETROIT, June 4 (UPI) -- Chrysler Group Chief Executive Officer Sergio Marchionne pushed the state of Michigan to approve funding for a new bridge from Detroit to Windsor, Canada.

CEO says Chrysler will break even in 2010

NEW YORK, March 30 (UPI) -- Chrysler Chief Executive Officer Sergio Marchionne said the company would break even this year, as it pulls away from last summer's bankruptcy proceeding.

Chrysler CEO talks of changes

AUBURN HILLS, Mich., Feb. 17 (UPI) -- Sergio Marchionne, chief executive officer of U.S. automaker Chrysler, said the mid-sized Sebring is being transformed to the point where it needs a new name.
Chrysler Group rehires Beltway veteran

Chrysler Group rehires Beltway veteran

AUBURN HILLS, Mich., Jan. 20 (UPI) -- Chrysler Group said it had re-hired Rob Liberatore, a former Washington insider, to serve as a consultant for chief executive officer Sergio Marchionne.

Fiat to begin upgrades in Serbia

TURIN, Italy, Dec. 21 (UPI) -- Serbian President Boris Tadic and Fiat Chief Executive Officer Sergio Marchionne said Fiat would invest $143 million in Zastava cars by the end of the year.
Chrysler focuses on its truck brands

Chrysler focuses on its truck brands

AUBURN HILLS, Mich., Dec. 7 (UPI) -- Dodge Ram's brand chief Fred Diaz said Chrysler would focus on North America as the market of choice in efforts to revamp truck sales.
GM, Chrysler: New leaders on two tracks

GM, Chrysler: New leaders on two tracks

DETROIT, Dec. 7 (UPI) -- New leaders at General Motors Co. and Chrysler Group face very different challenges, U.S. auto industry analysts said.

Chrysler switches electric front-runner

AUBURN HILLS, Mich., Nov. 10 (UPI) -- Chrysler Group said its Dodge Circuit sports car would no longer be the U.S. automaker's first all-electricity-powered vehicle.
Chrysler talks up a five-year plan

Chrysler talks up a five-year plan

AUBURN HILLS, Mich., Nov. 4 (UPI) -- U.S. automaker Chrysler said Wednesday it had more cash on hand than it did at the end of June as part of a day-long unveiling of its five-year business plan.
Chrysler plans to rehire some designers

Chrysler plans to rehire some designers

AUBURN HILLS, Mich., Sept. 24 (UPI) -- U.S. automaker Chrysler Group has tentative plans to rehire salaried workers and ask some to put in overtime, sources close to the company said.

Fiat CEO not giving up on Opel buy

TURIN, Italy, June 27 (UPI) -- Fiat chief executive Sergio Marchionne says he is still interested in acquiring the German automaker Opel.

Italy's Fiat stages remarkable turnaround

TURIN, Italy, May 17 (UPI) -- Italian automaker Fiat, dismissed as an economic basket case only a few years ago, has positioned itself as a car industry powerhouse, analysts says.
Fiat reaches for Opel

Fiat reaches for Opel

TURIN, Italy, May 5 (UPI) -- Italian automaker Fiat said it would continue to reach across borders as it pursues a deal to purchase General Motors Corp.'s European operations.

Fiat CEO to announce merger plans

ROME, May 3 (UPI) -- The chief executive of Fiat SpA will outline plans this week in Berlin for joining with Chrysler LLC and General Motors Europe, analysts said.

Fiat ready to approach GM

TURIN, Italy, April 24 (UPI) -- Fiat is expected to sign a letter of intent to buy most of General Motors Corp.'s European subsidiaries Opel and Vauxhall, sources told Der Spiegel.

Fiat's CEO puts onus on unions

AUBURN HILLS, Mich., April 15 (UPI) -- Fiat SpA Chief Executive Officer Sergio Marchionne said he would walk away from a deal with U.S. automaker Chrysler LLC if unions did not make concessions.

Fiat sees better times ahead

TURIN, Italy, March 27 (UPI) -- Fiat Chief Executive Officer Sergio Marchionne said the Italian auto company had come through the worst of the current economic downturn.

Fiat says U.S. loans will stay in U.S.

GENEVA, Switzerland, March 3 (UPI) -- Fiat Chief Executive Officer Sergio Marchionne says U.S. government loans made to Chrysler LLC would stay with Chrysler.

Fiat CEO: Consolidation wave coming

TURIN, Italy, Dec. 6 (UPI) -- The worldwide automobile manufacturing sector will shrink because of the global economic crisis, the chief executive of Italy's Fiat says.

European carmakers to raise prices

TURIN, Italy, July 6 (UPI) -- Four European carmakers are raising sticker prices for their new cars amid rising costs for raw materials, manufacturers say.

Fiat investing in Serbian automaker

TURIN, Italy, May 1 (UPI) -- Italian automaker Fiat is buying a 70-percent stake in Zastava, the Serbian car maker, for $1.09 billion.
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