Posted on April 19th, 2012 • by Bill Cawthon
We’re another step closer to welcoming Alfa Romeo back to the U.S. The U.S. Patent & Trademark Office issued registration number 4123672 for “Alfa Romeo 4C” on April 10, 2012. So it looks like plans are still on track for the Maserati-built sports car to make its North American debut late next year and for [...]
Posted on April 9th, 2012 • by Bill Cawthon
Chrysler production rose 9 percent in March, capping a quarter that saw total output jump 23.6 percent. While discontinued models (Caliber, Dakota, Nitro) dragged the overall totals down, demand is still keeping the factories busier than a year ago, which is a good thing. Looking at production of continuing models by brand, Fiat/Lancia was the [...]
Posted on April 5th, 2012 • by Bill Cawthon
With yesterday’s shareholder approval of a single class of common stock, Fiat Chrysler CEO Sergio Marchionne says the Italian company is ready to buy the remaining shares of Chrysler Group from the United Auto Workers Voluntary Employee Benefits Association (VEBA). The VEBA currently holds a 41.5 percent stake in Chrysler and Fiat has the first [...]
Posted on April 4th, 2012 • by Bill Cawthon
“The year 2011 has changed Fiat forever, with the spinoff of the truck and the purchase of the majority of Chrysler,” said Fiat chairman John Elkann as he opened a stockholders meeting to approve the 2011 financials and okay the conversion of Fiat preference shares into ordinary shares, a change that will smooth the way [...]