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CarsProfile.com Fiat
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UAW is ratifying the Chrysler concessions
 The United Auto Workers last night ratified the Chrysler settlement deal by 94 percent vote. This agreement means Chrysler has met all the concessions requirement of the set forth by the administration's car industry team of Obama earlier in 2009 and that the carmaker cleared yet another hurdle necessary for making its Fiat alliance.UAW says 82 % of production employees and 80 % of skilled-trades employees voted at the locations of UAW-Chrysler via U.S. Despite the leaders of UAW making a Chrysler agreement, the vote was necessary still for ratifying the deal. The Canadian Auto Workers, earlier this week, approved some similar concessions, to pave ...
Tags: uaw, chrysler, concession, obama, fiat
Chrysler filing for the bankruptcy of Chapter 11
 After recent reports talks are broken down, Chrysler will announce officially its plan on filing Thursday for Chapter 11 bankruptcy. The negotiations between at least 3 lenders and Chrysler went through the night; still no agreement is on the table.The news was unveiled to Automotive News by some unnamed administration official of Obama. The official affirmed the Treasury Department raised its debt-swap of Chrysler offering to 2.25 billion Dollars – up from 2 billion Dollars – but didn't reach any agreement having the creditors holdout. 'While the Administration was willing to give the holdouts a final opportunity to do the right thing, the agreement of ...
Tags: chrysler, bankruptcy,chapter, 11, obama
Chrysler - UAW deal; CAW agreement ratified
 Chrysler and the United Auto Workers union struck a deal on Sunday that satisfies the U.S. government’s April 30th deadline for labor cost reductions. Details of the agreement have not been disclosed, and it still must be ratified by workers. Meanwhile, Canadian Auto Workers union on Sunday ratified the agreement negotiators struck on Friday, which promises to save the automaker $240 million per year. Chrysler says the two developments will enable it to continue pursuing a partnership with Fiat. As such, it appears getting debtholders to agree to concessions is the final hurdle to avoid bankruptcy.'We are pleased that the men and women of the ...
Tags: chrysler, uaw, deal, caw, fiat, canada
Fiat shows loss in the first quarter
 Fiat, right in the middle of hard negotiations with the struggling automaker from Detroit - Chrysler, is now expected to be posting a loss for its 1st quarter of this year operations, this according to the analysts. If compared to a 249 million Dollars profit for its car division for last year, analysts state Fiat will be posting a 142 million Dollars trading loss.As a whole, Fiat Group - including all its diverse operations - will post a 90.5 million Dollars loss in the 1st quarter, reported Automotive News Europe. Fiat Group Automobiles, Fiat's vehicle division, had been quite profitable since the 1st quarter of ...
Tags: fiat, chrysler, quarter, division, loss
Fiat posts important March sales total
 Fiat announced on that its sales in Europe were up in March with 14.7 percent. The market in Europe saw new auto decline in sales by nine percent in March.Detroit Free Press says Fiat was really the only European automaker to see a raise in sales in March. Also Fiat saw an important increase on its market sharing, from 7.4 % in March last year to 9.2 % last month.Just like Ford, Fiat too saw in Germany important sales gains, posting a great improvement - over 200 %. Overall, Germany vehicle sales up 40 % in March, this thanks to the scrappage incentives from the ...
Tags: fiat, march, sales, italy, germany
The GM CEO says the bankruptcy is now 'probable'
 Speaking this morning with the reporters in a conference call, Fritz Henderson CEO confirmed this: a bankruptcy filing right for the struggling automaker from Detroit is the probable outcome, not preferred. General Motors is under a hard deadline for restructuring by 1st of June or else it will be losing access to the low-interest loans of the government. 'Our preference remains to accomplish this outside of bankruptcy' Henderson said to the reporters on this conference call.Henderson affirmed GM is not resting. The carmaker's working hard over the restructuring plans, that it could be public later this month. 'Contingency planning is under way' he affirmed. 'We ...
Tags: gm, ceo, bankruptcy, chrysler, uaw, caw, llc, fiat
Fiat CEO Unions really must make some concessions... or else
 With only 2 weeks before the deal between Fiat and Chrysler must be all wrapped up, Sergio Marchionne Fiat CEO issued a powerful ultimatum: 'Absolutely we are prepared to walk. There is no doubt in my mind' Marchionne reported to the Toronto Globe and Mail. 'We cannot commit to this organization unless we see light at the end of the tunnel'.Chrysler and Fiat must agree by April 30th or else the Government in U.S. will be pulling away the aid, letting Chrysler to be sold in pieces. 'There's definitely some worry and concern about what's going on' stated Brett Ward, 35, 15-year at Chrysler ...
Tags: fiat, chrysler, ceo, union, concession
Fiat 500C pricing announced for U.K.
 Until Chrysler brings the small Fiat 500 to America, the United Kingdom will be quite close to the 500C. The pricing, just announced, is from £11,300 up to £14,100 (around 16K to 20K Dollars) for that lineup. Fiat just announced the cost for the awaited convertible variant of its 500 iconic city auto, some fifteen months after the greatly acclaimed supermini’s United Kingdom debut. Starting at only £11,300 OTR, the brand new Fiat 500 C, that's going on sale in the summer here, represents important value for the soft-top motoring lovers, plus positions the all-new auto comfortably below the benchmark competitors.'The sophisticated new 500 C ...
Tags: fiat, 500c, pricing, u.k.
Toyota doesn't expect any improvement for March sales
 These first 2 months of 2009 were dismal for American new auto sales and Toyota is expecting more of this from March. Katsuaki Watanabe - Toyota President affirmed Thursday he's expecting new vehicle sales in March to be worse or equal than February.Watanabe did not predict when all-new auto sales would reborn, but affirmed more incentives from the government are needed for jumpstarting the market. Wantanabe stated he does not foresee any other plant shutdowns after May, saying Toyota's predicting now a market uptick in the 2nd half of 2009. 'Annualized sales in January and February were a little above 9 million, and we’re hearing ...
Tags: Toyota, improvement, march, sales, fiat
Fiat is not assuming any debt from Chrysler
 In the 1st-ever skirmish on the proposed Chrysler-Fiat merger, the Italian carmaker negatively reacted to its potential partner's announcement in Detroit that Fiat now would assume 35 % of debt of Chrysler. Fiat, the carmaker affirmed, doesn't plan on taking on any of debt of Chrysler to the government of U.S.Fiat announced, in a statementi, it 'intends to make absolutely clear that the proposed alliance will not entail the assumption of any current or future indebtedness to Chrysler.'Chrysler’s just went on record stating that Fiat would be taking on 35 % of the debt of Chrysler when it acquired exactly the same % of the ...
Tags: fiat, chrysler, debt
- september 2006
Fiat 500
5-doors, wagon
- Fuel: diesel
Topspeed: 240 km/h- may 2008
Fiat Bravo
5-doors, wagon
- Fuel: petrol
Topspeed: 240 km/h- march 2006
Fiat Croma
4-doors, sedan
- Fuel: petrol
Topspeed: 250 km/h- october 2008
Fiat Doblò
4-doors, sedan
- Fuel: diesel
Topspeed: - km/h- october 2007
Fiat Grande Punto
5-doors, stationwagon
- Fuel: petrol
Topspeed: 210 km/h- october 2007
Fiat Panda
5-doors, stationwagon
- Fuel: petrol
Topspeed: 215 km/h- october 2007
Fiat Punto
5-doors, stationwagon
- Fuel: diesel
Topspeed: 195 km/h- october 2004
Fiat Qubo
5-doors, wagon
- Fuel: petrol
Topspeed: 201 km/h- february 2005
Fiat Sedici
4-doors, sedan
- Fuel: petrol
Topspeed: 229 km/h- august 2006
Fiat 126
5-doors, hatchback
- Fuel: petrol
Topspeed: 225 km/h- may 2005
Fiat 127
5-doors, hatchback
- Fuel: diesel
Topspeed: 174 km/h- may 2005
Fiat 131
5-doors, hatchback
- Fuel: diesel
Topspeed: 174 km/h- may 2005
Fiat 131 Panorama
5-doors, hatchback
- Fuel: diesel
Topspeed: 188 km/h- may 2005
Fiat 132
5-doors, hatchback
- Fuel: diesel
Topspeed: 206 km/h- september 2008
Fiat 600
3-doors, coupé
- Fuel: petrol
Topspeed: - km/h- september 2008
Fiat Argenta
3-doors, coupé
- Fuel: petrol
Topspeed: 235 km/h- september 2008
Fiat Barchetta
3-doors, coupé
- Fuel: diesel
Topspeed: 205 km/h- july 2000
Fiat Brava
5-doors, mpv
- Fuel: petrol
Topspeed: 177 km/h- november 2005
Fiat Cinquecento
5-doors, mpv
- Fuel: diesel
Topspeed: 192 km/h- february 2008
Fiat Coupe
5-doors, wagon
- Fuel: petrol
Topspeed: 195 km/h- november 2006
Fiat Idea
5-doors, mpv
- Fuel: diesel
Topspeed: 198 km/h- november 2006
Fiat Marea
3-doors, hatchback
- Fuel: petrol
Topspeed: 210 km/h- november 2006
Fiat Marea Weekend
3-doors, hatchback
- Fuel: petrol
Topspeed: 240 km/h- october 2008
Fiat Multipla
3-doors, hatchback
- Fuel: diesel
Topspeed: 190 km/h- november 2006
Fiat Palio Weekend
3-doors, hatchback
- Fuel: diesel
Topspeed: 220 km/h- february 2008
Fiat Punto Cabrio
4-doors, sedan
- Fuel: petrol
Topspeed: 220 km/h- may 2007
Fiat Regata
4-doors, sedan
- Fuel: petrol
Topspeed: 220 km/h- may 2007
Fiat Regata Weekend
4-doors, sedan
- Fuel: petrol
Topspeed: 240 km/h- may 2007
Fiat Ritmo
4-doors, sedan
- Fuel: petrol
Topspeed: 230 km/h- may 2007
Fiat Seicento
4-doors, sedan
- Fuel: diesel
Topspeed: 205 km/h- february 2008
Fiat Stilo
4-doors, sedan
- Fuel: diesel
Topspeed: 225 km/h- november 2005
Fiat Stilo Multi Wagon
4-doors, sedan
- Fuel: lpg
Topspeed: 210 km/h- june 2004
Fiat Tempra
4-doors, sedan
- Fuel: petrol
Topspeed: 225 km/h- july 2006
Fiat Tempra S.W.
4-doors, sedan
- Fuel: petrol
Topspeed: 215 km/h- august 2008
Fiat Tipo
4-doors, sedan
- Fuel: petrol
Topspeed: 235 km/h- may 2005
Fiat Ulysse
4-doors, sedan
- Fuel: diesel
Topspeed: 200 km/h- november 2005
Fiat Uno
4-doors, sedan
- Fuel: diesel
Topspeed: 210 km/h- august 2008
Fiat X 1/9
4-doors, sedan
- Fuel: diesel
Topspeed: 230 km/h
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