/

Browse debt articles

Ferrari spin-off might lower FCA debt by 715 million euros


According to a regulatory filing, Fiat Chrysler Automobiles (FCA) forecasts that its net industrial debt would be trimmed down by around 715 million euros as the company plans to spin-off its luxury sports car manufacturer Ferrari. The recently merged FCA – now the seventh-largest global automaker – already acknowledged this month in a separate filing issued to US market regulator SEC ...
Read more

related more
spacer
spacer

More debt articles

SGL Carbon to offer new shares to clear debt and fund investments
The company is one of the few to provide carbon fiber for use in the auto industry, and has decided to offer new shares to investors – worth around 267 ...
Russia steps in and guarantees for truck maker Kamaz
The country’s government has moved to announce it will back the Russian company by guaranteeing $1 billion of its future debt, a move inside a larger state initiative to support ...
Fiat board seeks $5.4 billion in bonds
Fiat SpA – the carmaker that took over entirely over Chrysler Group – has decided to aid the implementation of the merger by issuing new bonds in a bid to ...
US: Chrysler ends its $5 billion debt to VEBA
Fiat Chrysler Automobiles announced its Chrysler Group unit managed to sign an agreement that would allow it to raise debt worth $5 billion – which in turn would be used ...
Chrysler seeks to gain $4.8 billion from debt refinancing
The US automaker, which is now a part of the newly formed entity of Fiat Chrysler Automobiles, announced it came to an agreement on a new financing, in which it ...
Assets of Fisker Automotive to be auctioned this week
Although in 2011 Fisker was among the promising batch of start-ups that wanted to change the traditional automotive order with highly advanced “green” machines, the US automaker collapsed last spring ...
Moody’s Cut Peugeot’s Debt From Ba3 to B1
Moody’s Investors Service downgraded PSA Peugeot Citroen to four levels below investment grade. Moody’s downgraded Peugeot’s rating to B1 from Ba3, according to Falk Frey, a Frankfurt-based analyst at Moody’s, saying ...
Renault Reports Better Than Expected 2012 Profit
Renault reported better than expected profit, as it managed to eliminate debt for the first time since its alliance with Nissan. Renault said that its automotive unit net cash reached 1.49 ...
Ally Repays Remaining Debt Offered Under US Program
Ally Financial said it repaid the entire debt offered by the Federal Deposit Insurance Corp's Temporary Liquidity Guarantee Program. Ally Financial, the former GM auto lending arm, said it repaid $4.5 ...

latest automotive news
Alonso not injured but in doubt for Australia – Dennis
Feb.26 (GMM/Inautonews.com) Two weeks before the 2015 season begins, the participation of McLaren-Honda's star driver is in doubt. Team supremo ...
Test Drive: Ford Tourneo Courier 1.0 EcoBoost – Serenity
Ford has been battling losses for years in its Ford of Europe business, but judging by the model lineup of ...
Now FIA helping Manor’s quest for 2015 grid
Feb.26 (GMM/Inautonews.com) F1's governing body has joined McLaren and Ferrari in actively supporting the former Marussia team's quest to ...
Alonso ‘wanted to test’ in Barcelona – Dennis
Feb.26 (GMM/Inautonews.com) He was in hospital for four days, and is absent at the final winter test in Barcelona, ...
Test Drive: Renault Megane GT Line Energy 1.2 TCe
Besides the Megane GT Line diesel, tested here, Renault is also offering a petrol version of the model which is ...
Skoda Superb Combi pops up in new renderings
The more practical version of the new Skoda Superb generation, the Combi, is the subject of new renderings which have ...
Koenigsegg Agera RS gets teased one more
Swedish based automaker Koenigsegg has released the second image teaser with the Agera RS which will be officially presented to ...
Magna Steyr Mila Plus Hybrid Concept going to Geneva
The Magna Steyr Mila Plus Hybrid Concept will be making its public premiere on the 3rd of March, during the ...
Cadillac CT6 – new details emerge
New details on the upcoming flagship Cadillac model, the CT6, have emerged ahead of its public debut which should take ...
Ferrari 458 Italia ends up on its roof in England
Another Ferrari 458 Italia incident is coming in from England and we can see the red finished exotic car resting ...
US regulator orders Takata to preserve airbags for lawsuits, investigations
Yesterday the NHTSA, the US auto safety regulator ordered Japan’s Takata Corp to save all airbag inflators that have been ...
[VIDEO] Honda Civic Type R gets teased once more
The upcoming Honda Civic Type R has been partially previewed in yet another video as the model is just a ...
MINI Clubman Vision Gran Turismo officially unveiled
The newest addition to the Gran Turismo 6 range is the MINI Clubman concept as this has been officially unveiled ...
US: experts say rising auto loan delinquency reports are exaggerated
According to credit reporting bureaus Equifax and Experian Automotive, the media reports that US auto loan delinquencies are on the ...
This is the 2016 Audi R8
Audi has officially pulled the wraps off the new R8 generation as the model will be making its public premiere ...
Alfa Romeo 4C Spider making European debut in Geneva
The Alfa Romeo 4C Spider will be making its European debut at the 2015 Geneva Motor Show, next week, as ...
UK: prime minister Cameron visits local auto factories, could be a covert operation to divert attention from move out of EU
Prime Minister David Cameron has embarked on a series of election-season trips, also touring the bustling British car plants, seeking ...
Daimler could recalibrate US expansion on currency swings
According to the carmaker’s top labor leader, Michael Brecht, Daimler’s production capacity expansion plans in the United States should be ...