Chrysler, Fiat | featured news

AP Source: Fiat mulls IPO after buying Chrysler

The head of Italian automaker Fiat is considering a plan to hold a public stock offering after the company buys 100 percent of Chrysler, according to a person briefed on the matter.

 

US helps Fiat Q4 profit more than double

Fiat SpA, the Italian automaker that controls Chrysler LLC, saw fourth quarter earnings more than double thanks to strong North American sales that more than compensated for a weak performance in Europe.

 

Chrysler Pauses to Mark an Unlikely Comeback

At Detroit’s annual auto show, the carmaker’s chief executive said he expected the upward sales trend to continue this year, bolstering both Chrysler and its parent, Fiat.

 

Chrysler drives Fiat profit higher

Fiat-Chrysler's third-quarter trading profit was well above forecasts at 851 million euros, with U.S. automaker Chrysler contributing as much as two-thirds of it and helping offset weak European sales.

 

US government ends Chrysler investment

The Treasury Department said Thursday it has exited its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government's remaining holdings in the auto company.

 

Treasury to sell remaining Chrysler stake to Fiat

The Treasury Department said on Thursday it reached an agreement to sell its remaining 6 percent equity stake in Chrysler to Italy's Fiat in a deal that will net Washington $560 million.

 

A Resurgent Chrysler Says It Is Here to Stay

A Resurgent Chrysler Says It Is Here to Stay

Chrysler is in the midst of a new-product blitz that includes revamped models of the Grand Cherokee and the 300 sedan, as well as smaller models it will get from Fiat.

 

Chrysler pledges $550M to build Fiat 500 in Mexico

Chrysler Group LLC says it will invest $550 million to build the Fiat 500 minicar at its assembly plant near Mexico City.

 

Supreme Court allows Chrysler sale to Fiat

Supreme Court allows Chrysler sale to Fiat

The Supreme Court on Tuesday cleared the way for the U.S. government-backed sale of Chrysler LLC to a group led by Italian carmaker Fiat SpA, a victory for the bankrupt automaker and the Obama administration.

 

Fiat To Chrysler: We'll Stand By You

Fiat To Chrysler: We'll Stand By You

Italian carmaker says it won't walk away despite opposition to its deal from a small number of creditors.

 

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