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Saturday, April 28, 2012

Italian Car News--4.27.12

 
China auto market laggards chase premium profile
Reuters
French and Italian car makers meanwhile see China as a clean slate on which to create a more exclusive image than their brands enjoy at home. They are chasing the runaway success of Volkswagen's (VOWG_p.DE) Audi, which accounts for almost one-third of ...
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TEXT-S&P cuts Fiat SpA to 'BB-' from 'BB'
Reuters
Overview -- We expect substantial excess mass market auto manufacturing capacity in Europe and weak demand in Fiat's Italian home market in 2012 to weigh on profitability and cash flow. -- We are revising our assessment of Fiat's financial risk to ...
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Chrysler's performance boosts struggling Fiat
Detroit Free Press
New car sales in Italy plunged 27% in March, and Marchionne said they are expected to fall to their lowest levels since 1983. Fiat's first-quarter revenue in Europe and Africa declined 13%, to $6 billion, or 4.5 billion euros.
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Fiat Gets Boost from Chrysler
Wall Street Journal
By GILLES CASTONGUAY And JEFF BENNETT MILAN—Italian auto maker Fiat SpA on Thursday reported first-quarter net profit soared, boosted by its acquisition of Chrysler Group LLC, as strong sales outside Europe compensated for weakness in its traditional ...
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Fiat Q1 profits triple thanks to Chrysler
BusinessWeek
By COLLEEN BARRY Italian carmaker Fiat SpA on Thursday said first-quarter profits more than tripled, thanks to its US partner Chrysler, which posted its best quarter in 13 years while sales in Europe plunged. The automaker, based in the northern ...
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Fiat Profit Beats Expectations, Propped Up By Chrysler
Wall Street Journal
By Gilles Castonguay Of DOW JONES NEWSWIRES MILAN (Dow Jones)--Italian auto maker Fiat SpA (F.MI) Thursday reported a surge in first-quarter net profit as strong sales outside Europe eclipsed weakness in its traditional market, underscoring the ...
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Chrysler posts best quarterly profit in 13 years
Boston.com
Fiat's first-quarter profits more than tripled to $137 million due largely to Chrysler. Excluding Chrysler, Fiat's revenues fell 5.7 percent due to declining European auto sales. -------- AP Business Writer Colleen Barry in Milan, Italy, contributed to ...
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Fiat-Chrysler beats forecasts as Europe weighs
Reuters
* Fiat earnings aided by strong Chrysler performance * Chrysler maintains 2012 guidance of $1.5 bln profit * To begin sales of key product Dodge Dart in 2nd quarter * Fiat shares down about 5 pct in Italy By Bernie Woodall and Jennifer Clark ...
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Marchionne: Chrysler expects Dodge Dart to build upon $473M profit
MLive.com
The Dart – set to be available in five trim levels starting at $15995 – is particularly important to Chrysler because it is the first vehicle jointly designed with the automaker's Italian owner, Fiat SpA. It is based on the Alfa Romeo Giulietta, ...
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MLive.com
Fiat-Chrysler Q1 beats forecasts as Europe weighs
Reuters
By Bernie Woodall and Jennifer Clark | DETROIT/MILAN (Reuters) - Italian carmaker Fiat (FIA.MI) beat analysts' forecasts for first quarter earnings as its US unit Chrysler Group LLC posted its best quarterly profit since its 2009 bankruptcy, ...
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renaultcarclub.com • View topic - Italian Car Owners' Thread...and ...
Italian Car Owners' Thread...and that stupid Merc van. Moderators: Seifer, freelander, sillyspeed, cheefarn, kona@home, konahead, koolkat2000, Silver Blade, ...
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