Jul 31, 2015 08:45 AM IST
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.
- Jul 27, 2015 09:17 AM IST
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.
- Jul 27, 2015 08:03 AM IST
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.
- Jul 25, 2015 02:58 PM IST
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.
- Jul 23, 2015 04:55 PM IST
"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.
- Jul 08, 2015 06:35 PM IST
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.
- Jun 09, 2015 10:22 PM IST
Marchionne's proposal was "very much vetted with management and our board, and after we reviewed that we are committed to our planâ€¦and we have strong support," Barra said during a briefing for media ahead of the automaker's annual meeting.
- Dec 16, 2014 01:56 PM IST
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.
- Mar 05, 2014 04:25 PM IST
The petrol Linea claims a fuel efficiency of 15.7kmpl and the diesel 20.4kmpl.
- Mar 04, 2014 09:38 PM IST
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.
- Feb 07, 2014 09:46 AM IST
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
- Feb 06, 2014 08:41 AM IST
Perhaps the most pleasant news of all was the confirmation of the news that Abarth is coming to India
- Sep 24, 2013 08:39 AM IST
The offering will be underwritten by JPMorgan. The size of the offering was not mentioned in the filing papers.
- Sep 17, 2013 04:47 PM IST
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.
- Jul 31, 2013 08:35 AM IST
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.
- Apr 22, 2013 03:23 PM IST
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.
- Mar 06, 2013 09:11 AM IST
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.
- Jan 31, 2013 07:58 AM IST
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."
- Jan 25, 2013 08:12 PM IST
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.
- Dec 06, 2012 04:47 PM IST
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.
- Dec 03, 2012 02:19 PM IST
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.
- Nov 22, 2012 10:43 AM IST
Wipro Ltd has joined the US-based Car Connectivity Consortium (CCC) to develop smartphone-based ...
- Jul 10, 2012 08:17 PM IST
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.
- May 22, 2012 09:00 PM IST
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.
- May 05, 2012 10:02 AM IST
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.