Mar 03, 2011 08:13 AM IST
US automakers, still digging out of a deep hole at home, face stiff challenges to regain their footing in Europe where the industry remains in a slump.
- Feb 24, 2011 03:32 PM IST
Ferrari Chairman Luca Cordero di Montezemolo's salary in 2010 was more than twice that of Fiat boss Sergio Marchionne, making him the best-paid executive in the whole Fiat Group.
- Jan 11, 2011 08:28 AM IST
Italy's Fiat lifted its stake in Chrysler to 25% as Chief Executive Sergio Marchionne prepares for an upcoming round of meetings with bankers to refinance Chrysler's debt and ready an initial public offering of shares.
- Jan 10, 2011 09:12 PM IST
Italy's Fiat has lifted its stake in Chrysler to 25% after winning approval to build a new engine in Dundee, Michigan, one of three conditions agreed with the US government when it invested in the troubled US carmaker.