Fiat expects U.S. dealers to be profitable within 12 months
The typical Fiat dealership should already become profitable between six and 12 months after it opened, according to Laura Soave, head of Fiat North America. In an interview with... Read more
Fiat predicts 2011 new-car sales will be 5-10% higher
Fiat S.p.A. anticipates that its new-car sales in 2011 will be higher by 5-10%, aided by a moderate rise in sales in Brazil even while its European market remains weak. Fiat said in its... Read more
Fiat, Ford and Toyota sales hit hard by the European market decline
For 10 straight months, Toyota Motor Corp., Fiat S.p.A. and Ford Motor Co. were hit by declines in European car sales as consumers slashed spending following the end of government... Read more
Report: Fiat sales boosted by Alfa Romeo, LCVs and Brazil in 2010
Fiat S.p.A.’s unit-sales bright spots in 2010 were Brazil, Alfa Romeo and light commercial vehicles; however, strong gains from all three were unable to stop an overall decline of 3.2... Read more
Fiat dealers seeking help from Marchionne due to poor sales
Amid the excitement of the holidays, it is quite remarkable that Fiat S.p.A.’s showroom is nearly empty. But the carmaker pointed out that those who are coming in the showrooms as... Read more
Fiat may have to close factories due to sharp falls in auto sales
Due to the sharp decreases in Fiat S.p.A. auto sales, its factories in Italy may have to close, according to CEO Sergio Marchionne. He also said that the sector has changed dramatically... Read more
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