FIAT House will introduce an innovative approach with an on-site car-sharing fleet comprising all-electric FIAT 500e vehicles, offering residents an enjoyable and eco-friendly mobility solution.
Italian President Sergio Mattarella hailed Romiti as an “important protagonist of a demanding and controversial season of industrial relations and Italian capitalism.”
Reducing the special dividend, possibly by handing shareholders assets instead of cash, would allow the new group to retain cash at a time when carmakers around the world have been badly hit by the coronavirus crisis.
FCA is working on battery powered vehicles at the international level and those products could be brought to India
Under the terms of the draft MoU, PSA and Fiat Chrysler would each have five seats on the board of the merged entity.
Renault's chairman Jean-Dominique Senard publicly blamed the French state for scuppering the deal, a charge rejected by Finance Minister Bruno Le Maire.
Le Maire made the comment in Tokyo, where he is visiting after a weekend meeting of G20 finance officials in Fukuoka.
The Fiat Punto Abarth was launched in India in 2015 and gained a steady and loyal fan-following.
The cancellations came after CMS Energy Corp made an emergency appeal to users on January 30 to conserve natural gas following a fire at a compressor station and extremely cold weather.
In a recent filing to the exchanges, the company said Corporation Bank approached the NCLT to recover dues worth Rs 51.99 crore.
A compact SUV and a three-row mid-size SUV will be launched in 2022.
"It is with the deepest sadness that EXOR has learned of the passing of Sergio Marchionne," the holding company, which is owned by the Agnelli family, said in a statement.
The Indian market has a new segment of cars called crossovers. They come with the same wow factor as an SUV but in a more compact form. Cross-overs are, for the most part, hatchbacks that have been made to look like sport-utility vehicles.
Boparai (48) has many years of experience in the global automotive industry and was most recently CEO of Fiat India Automobiles Ltd. He will assume this new role from April 2.
The company will start the delivery of the automatic petrol variant first followed by that of the manual version.
The Jeep Compass SUV had gained wide popularity and had received over 10000 bookings since being launched in July
Overdrive brings the first look of all new Audi A4. Also watch, Autoslector with Bertrand D‘souza and the latest from Round 2 of the JK Tyre Racing Championsip. Overdrive also gets its hands on the upcoming hatchback from Fiat.
Gas supplies to Wanfeng Aluminimum Wheels (India) Pvt Ltd's plant at Rewari in Haryana commenced on June 27, company sources said.
Alexander Dobrindt said in a statement today that Fiat's behavior was "completely incomprehensible" as there were "concrete allegations" against the automaker.
"Ola will be helping to reduce the financial burden on new driver-partners by supporting its driver partners pay off the first two EMIs," Ola said in a statement.
2016 Auto Expo: Fiat Punto Pure launched at Rs 4.49 lakh
2016 Auto Expo: Fiat Avventura Urban Cross showcased
2016 Auto Expo: 125PS Fiat Linea 125S unveiled
Kotak says that it would have been better if Tech Mahindra had put its cash to acquire capabilities in the digital or financial services domain, instead. Tech Mahindra needs to be prudent on cash management or else it will risk losing investor confidence in capital allocation decisions.
Competition Authority Clamps Down On Tax Schemes!