Showing posts with label Fiat Chrysler. Show all posts
Showing posts with label Fiat Chrysler. Show all posts

Saturday, April 16, 2011

Fiat now owns 30% of Chrysler

Fiat has increased in prices of Chrysler by 5%. Now owned by Fiat shares are 30%. This was made possible because Fiat has missed some agreements with the Government of the United States of America that have sold 5% stake. Now the goal is to get Fiat to 35% of the total, and the home of the Lingotto, reaching its quota, will produce cars to "40 share" for the American market.

These are vehicles that can travel 40 miles, just over 64 km, with a single gallon of gas, just under 4 liters. The climbing part of Fiat Chrysler in 2009 when the company was awarded the Italian 20% of the shares by taking control of the company after the failure funded by the government.

Wednesday, March 30, 2011

Fiat - Chrysler degree course in Automotive Engineering at the Politecnico di Torino

At the Politecnico di Torino will create a new master's degree course called the International Joint Degree in Automotive Engineering. This was the conclusion of the Agreement between the CEO of Chrysler and Fiat, Sergio Marchionne, and Rector of the Polytechnic of Turin and the Canadian University of Windsor, Francesco Profumo and Alan Wildeman.

The Bachelor IJMD will be a limited number and can attend a maximum of 50 students from two universities. The Chrysler has always been active from this point of view and engineers that will form from this course will be ready for the new global scenarios in the world of cars. Meanwhile, the Bachelor of Science in Automotive Engineering, born in 1999 still at the Politecnico di Torino, will continue to exist until at least 2014, when it expires, the new partnership between Fiat and the University of Turin.

Sunday, March 27, 2011

Chrysler: still doubtful about the headquarters

Most likely not happen if the merger between Chrysler and Fiat headquarters of the Chrysler group will be moved to the United States. The seat most of all seems to be the one chosen by CEO Marchionne is Detroit, but this occurs so that there will be specific conditions. First of all, the refinancing of debt incurred by Chrysler with the U.S.

government, then the acquisition of majority stake in Chrysler and the end of the quotation mark on Wall Street. Only after the completion of the merger and after you check the above conditions can be transferred from Turin headquarters in Detroit. Probably the one to whom we run is a group with multiple heads, each of which focuses on the market in countries where it operates.

Tuesday, March 22, 2011

What a sweet life for the Fiat 500

It seems all the way down to the Fiat 500. Having landed in the U.S. (the original purchaser is a citizen of Pennsylvania), and Canada, the 500 was also admired by the Head of State Giorgio Napolitano to visit the Car Museum in Turin who called it "beautiful" . The Fiat 500 arrives overseas thanks to its partnership with Chrysler sale will allow a more widespread on the territory since the cars of Chrysler dealers will exploit the Lingotto.

Tuesday, March 15, 2011

Market Fiat - Chrysler 2011, flying

The Chrysler brand since it is run by Sergio Marchionne has made great strides, in fact, the market value of the Group increased by about 5 times. In fact, at the end of 2010, the Chrysler was valued at about $ 4.8 billion, while June 2009 was around 996 million dollars. Soon Chrysler will also be listed, most likely during the next summer and every action of the Group now has a value of about $ 7.95.

Monday, February 7, 2011

Chrysler merger Fiat, Marchionne: "The management will remain in Turin"

Sergio Marchionne has assured the Minister of Labour, Maurizio Sacconi, the industry-to be born from any merger of Chrysler and Fiat, will have its headquarters in Turin. In recent days, in fact, the CEO of the Chrysler Fiat group had suggested to start the merger of the two groups as soon extinguished the debts with the U.S.

government. The initial hypothesis was, however, a possible relocation of the head of the company in Detroit, thereby causing a violent reaction of trade unions and political, of course concerned about the possible expulsion by the Italian headquarters in Turin. The CGIL, represented by Susan Camusso said the government should have sought the guarantees to Fiat, Landini and Mauritius, the FIOM, said he was initially concerned that the will expressed by the Fiat could not be the development of production at home, but the desire to leave Italy.