Fiat - egmCarTech

Former auto czar: Key aim to restructuring Chrysler was to change management

Posted: Nov 20, 2009

Filed under: Chrysler, Fiat, Industry News

The Obama administration’s former auto czar, Steven Rattner, said that the key aim of restructuring Chrysler was replacing the group of top executives and management that was put together by private equity firm Cerberus Capital Management LP.
“We wanted to have a completely fresh management team (at Chrysler),” said Rattner. “You can’t come to any conclusion that [...]

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Former Fiat executive to revive De Tomaso sports cars

Posted: Nov 19, 2009

Filed under: Fiat, Industry News

Former Fiat SpA marketing executive and Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sports car brand, reports Automotive News. Rossignolo plans to build 8,000 De Tomaso cars a year in a former Pininfarina factory near Turin.
79-year Rossignolo said that he plans to offer a three-model range of aluminum premium vehicles. He bought [...]

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Chrysler says it will be a quality leader by the end of 2012

Posted: Nov 19, 2009

Filed under: Chrysler, Fiat, Industry News

According to Doug Betts, senior vice president in charge of quality at Chrysler Group LLC, the company will be a quality leader by the end of 2012 with a refocused and larger quality team that will strive to meet tougher standards. He said that Chrysler will commit to quality gains and make it a long-term [...]

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U.S. government encouraged by Fiat’s plan for Chrysler, no IPO before 2011

Posted: Nov 18, 2009

Filed under: Chrysler, Fiat, Industry News

Though they are encouraged by Chrysler’s turnaround plan, the U.S. government will not push for a quick IPO, a senior official told Reuters. Sergio Marchionne, CEO of Fiat, who now controls Chrysler, released Chrysler’s five-year plan earlier this month, and said that Chrysler should be operating on a break-even basis by 2011.
Marchionne’s plan rests [...]

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360-hp Fiat 500 by Romeo Ferraris to race in 6 Hours of Vallelunga

Posted: Nov 18, 2009

Filed under: Fiat, Tuner Cars

You probably thought that Abarth’s 695 Tributo Ferrari was one of the hottest Fiat 500s you’ve ever seen. Well, we’d now like to introduce you to Romeo Ferraris’ modified Fiat 500 that will take part in the ‘6 Hours of Vallelunga.’
The carbon-fiber Fiat 500 is powered by a 1.4L turbocharged 4-cylinder engine that produces an outstanding [...]

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Ram to get version of Fiat Doblo to compete with Ford Transit Connect

Posted: Nov 17, 2009

Filed under: 2010 Releases, Chrysler, Fiat, Ford, Industry News

On Monday, Fiat took the wraps off its second-generation Fiat Doblo compact van, which will go on sale in Europe in mid-January. According to Automotive News, Chrysler Group LLC’s new Ram brand will get a version of the Fiat Doblo to compete with Ford’s new Transit Connect, which started selling in United States in July.
The Fiat [...]

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Daimler CEO’s advice to Fiat on Chrysler: Americans still like larges cars and SUVs

Posted: Nov 16, 2009

Filed under: Chrysler, Daimler, Fiat

Even though Daimler AG and Chrysler’s break up back in 2007 ended like a horrible divorce, Daimler’s CEO Dieter Zetsche still cares a lot for the American automaker.
In a recent interview with USAToday, Zetsche said, “I continue to be emotional about this company and am crossing my fingers for the very best future.”
Zetsche said that [...]

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Chrysler to increase spending on rebuilding brand reputation

Posted: Nov 09, 2009

Filed under: Chrysler, Dodge, Fiat, Industry News, Jeep

After five months of marketing darkness, Chrysler Group LLC is preparing to pump up their advertising this quarter and gradually increase the amount spent over the next few years says Automotive News. Starting next quarter, Chrysler Group will spend $100 for each vehicle sold at retail in the US, and eventually cap out their [...]

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Fiat takes apart Chrysler’s ENVI department, will be absorbed to regular vehicle development

Posted: Nov 07, 2009

Filed under: Chrysler, Fiat, Hybrids, Green News, Industry News

Under Fiat SpA, Chrysler has dismantled a team of engineers dedicated to developing a range of electric-vehicles. The move marks a major reversal for Chrysler, which had used its ENVI department and its electric-car program in order to receive $12.5 billion in federal aid.
In August, Chrysler took a $70 million grant from the U.S. Department [...]

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Fiat-based Chrysler models coming in 2012

Posted: Nov 05, 2009

Filed under: Chrysler, Fiat, Industry News

Starting in 2012, we can expect to see an influx of Fiat-based Chrysler Group LLC vehicles, according to Automotive News. Joseph Veltri, VP of product planning for Chrysler unveiled the product plan on Wednesday. 56 percent of Chrysler’s vehicles will be derived from Fiat platforms by 2014, Veltri announced in the plan.
Chrysler projects [...]