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  • US automakers see profit in Europe's tough market Mar 03, 2011 08:13 AM IST

    US automakers see profit in Europe's tough market

    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.

  • Ferrari's boss the best paid in Fiat group Feb 24, 2011 03:32 PM IST

    Ferrari's boss the best paid in Fiat group

    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.

  • Fiat raises Chrysler stake, readies for IPO: AUTOSHOW Jan 11, 2011 08:28 AM IST

    Fiat raises Chrysler stake, readies for IPO: AUTOSHOW

    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.

  • Fiat ups stake in Chrysler to 25% Jan 10, 2011 09:12 PM IST

    Fiat ups stake in Chrysler to 25%

    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.

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