Fiat May Raise Its Stake in Chrysler to 51%

Fiat CEO Sergio Marchionne said Monday that he could increase Fiat’s ownership in Chrysler to more than 50% should America’s smallest domestic automaker seek to return to the stock market this year, but that he doesn’t plan to …

Fiat May Use Grand Cherokee Platform for Alfa Romeo

Chrysler has enjoyed so much success with the new Jeep Grand Cherokee that Fiat (FIATY) may use the vehicle’s platform for Alfa Romeo and Maserati models. Chrysler, which is controlled by the Italian company, introduced the new Grand Cherokee earlier in 2010.

Sponsored Links

“One of the things that we are now looking at in some detail is the possibility of utilizing this architecture and extending…

Continue reading Fiat May Use Grand Cherokee Platform for Alfa Romeo

Fiat May Use Grand Cherokee Platform for Alfa Romeo originally appeared on DailyFinance on Tue, 09 Nov 2010 07:28:00.

Filed Under: , ,

Chrysler May Soon See More Federal Aid

In addition to state tax credits from Michigan — and the billions of dollars already loaned it by U.S. taxpayers in the form of last year’s bailout — Chrysler may soon get approval for billions more in loans from the Departme…

The Auto Industry Is Cruising on Slow but Steady Demand

Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers — including the Big Three, which have r…