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CEO to quit Fiat or Chrysler within two years

Running both Fiat and Chrysler is proving a massive responsibility for the CEO of both manufacturers, Mr Sergio Marchionne. Speaking yesterday in Washington DC, Mr Marchionne said he plans to resign from one of the two positions sometime within the next 24 months. Though not set in concrete, Mr Marchionne did strongly hint which company would soldier on without his leadership...

Fiat eco:Drive honoured in UK green award ceremony

It’s that time of the year when motoring awards come thick and fast and Fiat is the latest to join the party. Yesterday CarAdvice reported that Mazda won an award for its “i-stop” start/stop engine technology, and now Fiat has been honoured for another environmentally friendly innovation: the eco:Drive...

Chrysler, Fiat move ahead with product planning

The latest product planning from Chrysler-Fiat will see some American favourites dumped and replaced by new lightweight Italians, beginning with the Dodge Viper in mid-2010. Chrysler says it will build just 500 more Vipers, with a replacement “under consideration” for mid-2012 - but unlikely to be anything like the original halo car...

Fiat Abarth 500 R3T Rally Car

Ever heard of Abarth, the Italian tuner? Italian-Austrian Karl (aka Carlo) Abarth founded the company in 1949 in Turin as Abarth & C.S.p.A., fourteen years prior to Lamborghini staring out. Baby boomer car enthusiasts may be aware of the name, but outside of Italy, there’s always been was a certain mystery surrounding the brand with a scorpion as its logo...

Fiat sets new record low for CO2 emissions

Fiat has set a new record for average CO2 emissions on its cars sold in Europe during the first half of 2009. The new figure of just 129.1 grams per kilometre – corroborated by automotive advisory leader JATO – means that Fiat is the only mainstream car brand to achieve the European average goal, of 130 g/km by 2015, five years early...

Fiat set to double Indian sourced components in 2010

Fiat's purchasing division has today announced it plans to source US$1 billion of parts from India next year, effectively doubling the amount of components it sources from the sub-continent. The group said 70 per cent of the parts sourced will be used in Fiat India Automobiles, the company's joint venture with Tata Motors, while the remainder will be for export...

Fiat gains world recognition for green credentials

Fiat has been recognised as a leader in sustainability with its inclusion in the Dow Jones Sustainability World and Dow Jones Sustainability STOXX Indexes. The groups scored a result of 90/100 compared with an average of 72/100 for all companies in the sector evaluated by SAM, the investment group which specialises in Sustainability Investing...

Fiat Punto Evo to be unveiled at Frankfurt, due here 2010

Fiat will debut the next generation of diesel engines at the Frankfurt International Motor Show on September 15 when it launches the new Fiat Punto Evo. The second generation of the Multijet diesel engine not only meets the tough new Euro5 emissions standards, it slashes NOx emissions, traditionally a diesel bugbear, by 30 per cent, as well as cutting fuel consumption by a further two per cent...

Fiat approved to purchase Bertone

After a four-way bidding war Italian manufacturer Fiat has been approved to purchase Bertone’s contract manufacturing business. As part of the purchase agreement, Fiat will invest US$215.9 million into the struggling manufacturer over the next three years...

Chrysler to adopt Fiat's Multiair technology

According to a report in Automotive News, Chrysler is set to benefit almost immediately from its ties with Fiat as the American manufacturer prepares to adopt the Italian company’s fuel saving Multiair technology...

Fiat 500C to receive Abarth make over

Fiat is set to take on the likes of Mini's JCW Cooper Cabriolet when it releases at least two Abarth versions of its upcoming 500C convertible. The hot drop tops are said to be in the final stages of readiness with an expected European showroom debut some time in the first quarter of next year...