Fiat news stories on Newser

Sheen Is Back, With 2 Awesome Ads

Evann Gastaldo — Fri, 02 Mar 2012 09:39:05 CST

Charlie Sheen's "episode" really is over : He returns to the small screen in two commercials AdWeek dubs "great," though both of them do poke fun at the "winning" tiger-blood drinker . In the first ad, Sheen touts the fun of house arrest—when you're an actor with a huge house and...

US Sells All Its Chrysler Stock to Fiat

Kevin Spak — Fri, 03 Jun 2011 08:54:05 CDT

The Treasury Department has reached a deal to sell its remaining 6% stake in Chrysler to Fiat for $500 million, making the Italian automaker Chrysler’s majority shareholder with a 52% stake, the Detroit Free Press reports. Fiat will then pay another $75 million for the government’s right to buy the...

Fiat Splits in Two, May Up Stake in Chrysler to 51%

Kevin Spak — Mon, 03 Jan 2011 09:32:27 CST

Fiat traded as two separate companies today, after spinning off its trucks and tractors units, which will henceforth be known as Fiat Industrial, from its passenger car business on Jan. 1. The move has been widely praised, and could lead to a tighter integration between Fiat and Chrysler, according to...

Chrysler Adds Fiats, Dumps Dodge, Jeep Models

Jason Farago — Tue, 27 Oct 2009 06:54:31 CDT

Now four months out of bankruptcy, Chrysler is set to unveil a new business plan that relies heavily on models from Fiat, its Italian partner, and abandons many American cars. The company will reintroduce the luxury Alfa Romeo to the US and also bring in a Mexican-built Fiat 500, the...

Chrysler Plans to Build Fiat in Mexico

Jason Farago — Mon, 17 Aug 2009 06:52:41 CDT

Chrysler is planning to produce a Fiat-branded subcompact car at a plant in Mexico, insiders tell the Wall Street Journal . The move may anger two key shareholders of the restructured automaker—the US government and the United Auto Workers. Workers at the Toluca, Mexico, plant are represented by a Mexican...

Jeep Wrangler Is Star of Reborn Chrysler

Ambreen Ali — Thu, 11 Jun 2009 12:02:02 CDT

With the Fiat-Chrysler alliance finalized, workers must get hopping to churn out more Jeep Wranglers, the military-vehicle-turned-adventure-ride that’s one of just three American cars whose sales are up this year. It’s “probably one of the main reasons why Chrysler is still here,” an auto analyst tells the Toledo Blade . And...

Done Deal: Fiat Buys Chrysler Assets

Matt Cantor — Wed, 10 Jun 2009 10:31:05 CDT

Chrysler finalized its sale of assets to Fiat with a government wire transfer this morning that gave Chrysler $6.6 billion in funds to exit bankruptcy, the New York Times reports. The sale is good news for the Obama administration, which sought an “efficient” restructuring for Chrysler. It may also...

Supreme Court Won't Block Chrysler Sale

Tue, 09 Jun 2009 18:48:34 CDT

The Supreme Court has cleared the way for Chrysler's sale to Fiat, turning down a last-ditch bid by opponents of the deal. The court late today rejected a plea to block the sale of most of Chrysler's assets to the Italian automaker. With the court's move, the deal can now...

Ginsburg Delays Chrysler-Fiat Deal

Harry Kimball — Mon, 08 Jun 2009 15:39:13 CDT

Supreme Court Justice Ruth Bader Ginsburg today put a temporary stay on the sale of Chrysler to Italian automaker Fiat, SCOTUSBlog reports. Ginsburg’s motion allows the justices to further consider the matter, and either postpone the sale or let it go forward. A full postponement of the sale would require...