EU loses big Starbucks tax case, wins on Fiat
September 25, 2019 | 09:27
An EU court struck down an order by Brussels that Starbucks pay €30 million (US$33 million) in back taxes on Monday (Sep 23), in a decision with major significance for Apple, which is fighting a similar case.
Fiat boss eyes Chrysler merger in 2014
February 04, 2013 | 09:43
Fiat boss Sergio Marchionne said Sunday that he expected the merger of the Italian car giant and its US partner Chrysler will take place in 2014.
Fiat first quarter profit soars
April 27, 2012 | 08:31
Italian auto giant Fiat said Thursday its net profit in the first quarter soared ten-fold to 379 million euros ($500 million) thanks to its US partner Chrysler, without which it would be in the red.
Fiat signs preliminary deal to produce cars in Russia
February 29, 2012 | 09:08
Italian auto giant Fiat on Tuesday signed a letter of intent with Russian banking giant Sberbank to build facilities in Russia that would produce around 120,000 cars a year.
Fiat overhauls plans for US return as car sales fizzle
November 24, 2011 | 08:44
Efforts to bring the Fiat auto brand back to the United States after a 27-year absence are being overhauled amid faltering sales of its Fiat 500 subcompact vehicle.
Chrysler boosts Fiat profits in second quarter: firm
July 27, 2011 | 08:50
Italian auto giant Fiat announced increased profits for the second quarter compared to a loss 12 months earlier and radically revised up 2011 forecasts after its integration with Chrysler.
Fiat makes $1.3-bln Chrysler leap for world status
April 22, 2011 | 08:23
Fiat took a giant step on Thursday to becoming one of the biggest automakers in the world with a $1.3-billion (889-million-euro) deal to boost its stake in Chrysler to 46 per cent.
Fiat to buy Chrysler stake for $1.3 billion
April 21, 2011 | 15:40
Italian auto giant Fiat said Thursday it had reached a deal to buy an additional 16 per cent stake in Chrysler of the United States for $1.268 billion (868 million euros).
Fiat promises massive investment in Italy: official
February 13, 2011 | 09:22
Italian auto giant Fiat, under pressure to abandon any plan to move its headquarters to the United States, committed Saturday to invest 20 billion euros to produce 1.4 million vehicles in Italy.
Fiat-Chrysler merger forecast upsets Italy
February 06, 2011 | 14:57
Fiat and Chrysler could be merged within two or three years into a single company with its headquarters in the United States, Fiat boss Sergio Marchionne said in remarks which upset Italians Saturday.
No immediate plans to merge Fiat and Chrysler: CEO
January 03, 2011 | 20:08
Fiat and Chrysler chief executive Sergio Marchionne said he had no immediate plans to merge the two automakers as shares in a new stripped-down Fiat began trading on the stock exchange on Monday.
Italy to make Jeeps in billion-euro Chrysler deal
November 26, 2010 | 21:16
A historic Fiat plant in northern Italy is to start producing Chrysler Jeeps from 2012 under a billion-euro deal announced Friday aimed at deepening ties between the Italian giant and its US partner.
Fiat plans Ferrari listing: analysts
November 15, 2010 | 22:02
Italian auto company Fiat is planning a listing of its luxury car division Ferrari within the next 18 months, analysts said on Monday after a meeting with Fiat chief executive Sergio Marchionne.
Mobile Version