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  • Fiat Chrysler raises outlook as Q2 profit jumps 70% Jul 31, 2015 08:45 AM IST

    Fiat Chrysler raises outlook as Q2 profit jumps 70%

    The rosy results come as the carmaker will be required to pay millions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle allegations of mishandling nearly two dozen recalls.

  • In talks to sell its 50% stake in The Economist: Pearson Jul 27, 2015 09:17 AM IST

    In talks to sell its 50% stake in The Economist: Pearson

    The move comes on the heels of Pearson's sale of the Financial Times newspaper to Japanese media group Nikkei, announced this week as its focuses on its education business.

  • Fiat Chrysler faces record fines for recall lapses: Report Jul 27, 2015 08:03 AM IST

    Fiat Chrysler faces record fines for recall lapses: Report

    US regulators are expected to announce the fine on Monday under a settlement that will require the company to accept an independent audit of its recall process for an extended period, the newspaper said, citing people familiar with the matter.

  • Fiat Chrysler recalls 1.4 mn vehicles to prevent hacking Jul 25, 2015 02:58 PM IST

    Fiat Chrysler recalls 1.4 mn vehicles to prevent hacking

    Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the US just days after two hackers detailed how they were able to take control of a Jeep Cherokee SUV over the Internet.

  • Maruti launches Nexa brand outlets for premium products Jul 23, 2015 04:55 PM IST

    Maruti launches Nexa brand outlets for premium products

    "Based on the vision to sell two million vehicles annually by 2020, we are starting various initiatives. Nexa outlets is one such step lined up in that direction," MSI Managing Director and CEO Kenichi Ayukawa told reporters here.

  • Maruti opens pre-launch bookings for S-Cross Jul 08, 2015 06:35 PM IST

    Maruti opens pre-launch bookings for S-Cross

    The S-Cross will be launched in early August and will be sold and delivered at the network of Nexa showrooms, Maruti Suzuki India (MSI) said in a statement.

  • Fiat Chrysler chief sent email on possible merger: GM CEO Jun 09, 2015 10:22 PM IST

    Fiat Chrysler chief sent email on possible merger: GM CEO

    Marchionne's proposal was "very much vetted with management and our board, and after we reviewed that we are committed to our plan…and we have strong support," Barra said during a briefing for media ahead of the automaker's annual meeting.

  • Carmakers line up year-end discounts to lure buyers Dec 16, 2014 01:56 PM IST

    Carmakers line up year-end discounts to lure buyers

    As the year rolls around to a close, carmakers, like every year, have come out with a slew of mouth-watering discounts in a bid to clear their year-end inventory.

  • Fiat Linea facelift launched in India at Rs 6.99 lakh Mar 05, 2014 04:25 PM IST

    Fiat Linea facelift launched in India at Rs 6.99 lakh

    The petrol Linea claims a fuel efficiency of 15.7kmpl and the diesel 20.4kmpl.

  • Carmakers fear EM gloom could overshadow European rebound Mar 04, 2014 09:38 PM IST

    Carmakers fear EM gloom could overshadow European rebound

    After a six-year sales slump, Europe's car market is finally showing signs of recovery as even the countries hardest hit by the euro zone debt crisis move out of recession. Industry data on Monday showed car sales in Germany, Italy and Spain rose last month, although they dipped in France.

  • Toyota Etios Cross with petrol engine variants unveiled Feb 07, 2014 09:46 AM IST

    Toyota Etios Cross with petrol engine variants unveiled

    Unlike the Volkswagen Cross Polo which was available as only a single variant Toyota is offering the Etios Cross with a choice of both the 1.2 and 1.5-litre petrol engines

  • Fiat Linea facelift and Punto Avventura unveiled Feb 06, 2014 08:41 AM IST

    Fiat Linea facelift and Punto Avventura unveiled

    Perhaps the most pleasant news of all was the confirmation of the news that Abarth is coming to India

  • Chrysler files for IPO, forced by UAW trust Sep 24, 2013 08:39 AM IST

    Chrysler files for IPO, forced by UAW trust

    The offering will be underwritten by JPMorgan. The size of the offering was not mentioned in the filing papers.

  • Peugeot loses ground as Europe car slump continues Sep 17, 2013 04:47 PM IST

    Peugeot loses ground as Europe car slump continues

    Registrations fell to 686,957 cars in August, a slow holiday month, as sales slid further in France, Italy and Germany, taking the European decline for January-August to 5.2 percent.

  • Fiat wins partial victory in bid to own all of Chrysler Jul 31, 2013 08:35 AM IST

    Fiat wins partial victory in bid to own all of Chrysler

    Delaware Court of Chancery Judge Donald Parsons stopped short of ordering VEBA, the United Auto Workers trust, to sell 54,154 Chrysler shares to Fiat for USD 139.7 million, as the Italian carmaker had sought in its lawsuit filed last year.

  • Maruti Suzuki plans to 2 new diesel models by 2014-end Apr 22, 2013 03:23 PM IST

    Maruti Suzuki plans to 2 new diesel models by 2014-end

    India's largest passenger car maker Maruti Suzuki is planning to launch 2 new diesel models by 2014-end and Japanese parent Suzuki is developing 2 engines in-house for India, to cash in on the increasing demand for diesel vehicles in the country.

  • Carmakers fear European recovery could take years Mar 06, 2013 09:11 AM IST

    Carmakers fear European recovery could take years

    Europe's ailing car market has weakened further in recent months; and with no signs of recovery, some industry leaders hope governments will relax their opposition to plant closures and job cuts needed to restore profits.

  • Fiat CEO wants to do Chrysler buyout Jan 31, 2013 07:58 AM IST

    Fiat CEO wants to do Chrysler buyout

    Fiat Chief Executive Sergio Marchionne said the Italian automaker is open to an initial public offering of a stake in its US unit Chrysler, adding "the faster we do it, the better it is."

  • Fiat eyes sale of 25,000 units; 1% market-share this year Jan 25, 2013 08:12 PM IST

    Fiat eyes sale of 25,000 units; 1% market-share this year

    Italian carmaker Fiat said on Friday that it plans to more-than double its market-share above the 1-percent mark, as well as sell over 25,000 units this year, by ramping up its distribution network and launching new models.

  • Fiat to rev up India ops with 9 launches including Jeep Dec 06, 2012 04:47 PM IST

    Fiat to rev up India ops with 9 launches including Jeep

    Italian carmaker Fiat, which is struggling with sluggish demand for its Punto and Linea cars in India, plans to shake up the operations here, with 9 new launches planned over next four years.

  • Chrysler sales rises after super storm Sandy Dec 03, 2012 02:19 PM IST

    Chrysler sales rises after super storm Sandy

    Chrysler, the US carmaker controlled by Italy's Fiat, was the first of the big three Detroit automakers to unveil strong November sales figures, boosted by economic optimism and replacements following superstorm Sandy.

  • Wipro to develop industry standard car solutions Nov 22, 2012 10:43 AM IST

    Wipro to develop industry standard car solutions

    Wipro Ltd has joined the US-based Car Connectivity Consortium (CCC) to develop smartphone-based ...

  • Fiat eyes UV segment; Jeep, 500X models on radar for India Jul 10, 2012 08:17 PM IST

    Fiat eyes UV segment; Jeep, 500X models on radar for India

    With an eye on the fast growing Indian utility vehicles segment, Italian car major Fiat today said it could bring brands from Fiat-Chrysler portfolio, including Jeep and 500X, to the country.

  • Fiat chooses new India head, mulls new brands in market May 22, 2012 09:00 PM IST

    Fiat chooses new India head, mulls new brands in market

    Car maker Fiat SpA , which recently split with its distribution partner in India, is open to bringing all of its vehicle brands to the country, said a senior executive who will soon take charge of the Italian company's India operations.

  • Fiat cuts India distribution tie with Tata Motors May 05, 2012 10:02 AM IST

    Fiat cuts India distribution tie with Tata Motors

    Italian carmaker Fiat is to set up its own car dealer network in India to grow sluggish sales, ending a six-year distribution agreement with Tata Motors.

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