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Fiat chairman: 2012 results will be better than 2011

Fiat chairman: 2012 results will be better than 2011

Italian carmaker Fiat is expected to post better results in 2012 than in 2011, Fiat chairman Lapo Elkann told news magazine Panorama. Even though car sales in Italy have slumped to levels of 40 years ago, the Fiat executive is optimistic about the carmaker’s outlook. “We expect to close 2012 […]

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Jeep sales in Europe rise 62 percent in 2011

Jeep sales in Europe rise 62 percent in 2011

Sales of Jeep brand vehicles rose 61.8 percent in Europe in 2011 versus 2010, compared to an overall industry decline of 1.4 percent, according to numbers released by the European Automobile Manufacturers’ Association (ACEA). The figures include sales in the 27 member states of the European Union plus four other […]

Fiat to supply more diesel engines to Suzuki

Fiat to supply more diesel engines to Suzuki

Fiat announced it will supply 100,000 more small diesel engines to Suzuki Motor’s Indian subsidiary, in addition to those already licensed. The Italian carmaker supplemented the number of engines it delivers to Suzuki as the Indian car market is seeing strong demand. Under the amended deal, Fiat will supply up […]

Fiat planning Turkish-made car, CEO says

Fiat planning Turkish-made car, CEO says

Sergio Marchionne, the CEO of Italian carmaker Fiat Auto SpA, said the company was planning production of a Turkish-made car at the Bursa plant, according to reports from Turkish media. The Vatan daily newspaper reported Marchionne as saying at the North American International Auto Show that progress had been made […]