Finally some news from Fiat. According to some sources in Serbia, the brand is preparing the launch of two models, which would be produced at the Kragujevac plant. Local news have already started to talk about the plans for this plant, which is 67% owned by FCA and 33% by the Serbian State, and employs around […]Read More Fiat prepares a 500L hybrid and more
As the current range gets old and its domestic sales plunge, FCA needs to address the production capacity issues in Italy. This is not a minor thing, considering the fact that the European country hosts 7 of its 31 assembly plants around the world. Italy is not only where Fiat, Alfa Romeo and Maserati were […]Read More The Compass made in Italy: how feasible?
Good news come from South America. In November 2012 the new Fiat Palio was Argentina’s most manufactured car. All car makers produced 78.000 units, 3.2% more than previous November, but 1.8% down compared to October 2012. YTD production is down 9.4% to 703.472 units, making of Argentina the third largest producer in Latin America and […]Read More Fiat Palio, the most produced car in Argentina
Finally Fiat-Chrysler has revealed its results for the third quarter and the plan for coming years. Fiat is indeed in a complicated situation in terms of its European sales figures and profits. Nevertheless the group revealed that during the third quarter of this year its EBIT, Earning Before Interest and Taxes advanced 12% to 951 […]Read More Marchionne’s two paths
One of the possible solutions for current car industry crisis that Sergio Marchionne has proposed to Italian government is to enhance Italian cars exports outside Europe. In the last meeting they had, he asked for government help so Fiat could become more competitive to produce and export cars to the US market. This way, according […]Read More One more solution: Italian factories to export
It seems Chrysler’s plans to enhance Jeep presence worldwide begin to take place. The brand expects to sell around 800.000 units by 2014 as it was mentioned in recent plans, so it needs urgently new markets to expand its presence and therefore its global sales. Though Jeep is one of the few 100% global brands […]Read More More Jeep in emerging markets
According to Chrysler executives in Venezuela, the company is getting prepared for a ‘new’ B-Segment car. Human Resources director for Chrysler Venezuela, Mr. Wilfredo Trejo, said the company has already invested $47 million to adapt their factory to the production of the new model. The car, that may be called Dodge Forza, will be available […]Read More Venezuela: a rebadged Fiat could see the light
The platform Fiat uses for its Punto and MiTo will soon be available in much more models. The idea is to build future larger cars such as minivans and SUV, for many brands of the group. The first model to use it is the ‘B-MPV’ Fiat 500L which goes on sale in Europe this month […]Read More Fiat-Chrysler to exploit the small platform
Europe’s debt crisis and its impact on car industry has become a regular topic among automotive analysts. On a daily basis, specialized press and automakers’ CEOs talk about it in several statements which sometimes can result in an alarm for coming months. And it’s true, the worst has not come yet and it is why VW […]Read More European car industry crisis. A possible solution?
Once again Sergio Marchionne is the source of news. This time, as usual from last months, bad news. Yesterday at the presentation of Fiat 500L, he surprised the press when he said that one of Fiat’s plant in Italy could be closed. It would be the second one after the one in Termini Imerese in […]Read More Marchionne points how to get out of the crisis