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It was back in 1899 when Fiat was first established in Turin, Italy. It has remained in one form or another for over a century. However, current CEO of the company, Sergio Marchionne, has said that the company will soon get rid of mass market vehicle production in the country. This June, the CEO will introduce new measures that will most Fiat production out of Italy.
Bloomberg has said that the Turin plant, which was inaugurated in 1939, will have the most major changes. What will happen is that the facility that presently produces fewer than 50,000 vehicles annually will have to accommodate a Maserati SUV together with the Levante, as well as several more Jeep products - this seems like a lot to handle.
As for Fiat models, the Panda will be moved to the Poland plant, while the MiTo’s production will have to be stopped. Its future has yet to be determined. The people who are in charge of this project do not want to be named since it is not meant to be public.Read the entire article Fiat will terminate production of mass-market cars in Italy
The BMW X2 will be the company’s next entry-level compact crossover to join the lineup. And because of that, it needs to up its game so it makes sense for the automaker to make it look more stylish, while giving it some hype. This is why the prototype will be dressed in digital camouflage when it makes an appearance at the Milan Fashion Week. Though we cannot completely see the design of the headlights and tail lights, the X2’s shape is pretty much what we should expect in the production specification.
Unlike the usual camouflage that most companies use, this is the second time the German automaker dressed the X2 in digital camouflage - combining a mix of yellow, gray, black, and blue in random shapes, instead of the orange and black camouflage. What makes this unique camouflage cool is that it unusually highlights the sporty and stylish qualities of the model more than hiding it.
Many say that the production version of the X2 is not as physically sleek as the earlier concept, and that the new design makes it resemble the X1 family more. We can see that it features angled-in headlights with inner LED piping, wide dual kidney grilles, paired with fog lights mounted high in the fascia.Read the entire article Check out the BMW X2 in its digital camo suit on the streets of Milan
Named after its size and compact qualities, we all know that Mini has been making the most out of space for some time now. So, what’s new with Mini, you ask? Nope, not a concept car, or a new Countryman. Instead, it seems like the automotive manufacturer took a break from building cars and is taking some time to explore green living and architecture.
The automotive company teamed up with New York based company SO-IL, to build what they call “MINI Living - Breathe”. The prototype was installed in the middle of a narrow courtyard in Italy for the duration of Milan design week, that was from 4 to 9 April 2017.
This installation, made with translucent white mesh exterior walls, is supported by a modular metal frame, and stands at four stories tall. It can accommodate up to three people and hold a total of six rooms, plus a minimalistic roof garden. This is definitely something we have not seen from Mini before.Read the entire article Mini Designs an Eco-Friendly Home
To those who are planning to commit a crime Milan and are relying on a getaway car, better think twice. The Milan Police now have a Ferrari 458 Spider in their garage. With its estimated 320 kmh top speed, escape would be a remote possibility. That’s how we want it to go in our imaginations but actually, this car will be used for educating the public.
The police in Milan are happy folks now -- a confiscated Ferrari 458 Spider was seized from a mobster in an organized crime pursuit in September of 2016, and recently reassigned to Milan's ghisa (a local term for police) by a court responsible for allocating seized goods for public use. The local police force and national brigade can request to keep the seized goods taken from the mafia.
Lucky guys. According to the local agency, they have confiscated around 29 other cars and 3 motorcycles from mobsters located in the city. But local police force commander Antonio Barbato cleared the issues surrounding the acquisition of the supercar and remarked that the public won’t see the Ferrari shred the roads accelerating straight to 200 kmh in less than 10.8 seconds in Corso Buenos Aires.Read the entire article Confiscated Ferrari 458 Spider is transformed into police car in Milan
Being ushered by a Lamborghini Huracan is truly one of the greatest perks when travelling to Italy. At least, it will be in the several weeks to come. Lamborghini loaned the Huracan to the Bologna airport as its official “Follow Me” car at the runways. Its only task is to guide the aircraft around the terminals until January next year. Isn’t that sweet?
The very busy Bologna Guglielmo Marconi Airport is nestled at the centre of Italy’s “motor valley”. If giant tech companies like Google, Apple and Facebook have Silicon Valley, the Italians have “motor valley” for their famous cars. The headquarters of Ferrari, Pagani and Lamborghini are just about thirty minutes away from the Aeroporto di Bologna. Pagani has one HQ in Modena province while Ferrari also has one in Maranello. It is a big testament that you have arrived at the home of the most coveted cars at the very least.
Lamborghini’s in-house Centro Stile designed the Huracan’s “Follow Me livery” where much of it represents the northern city’s skyline. The front splitter has green, white and red or basically the Italian flag’s combination of colors. Aside from the mandatory light bar, the gorgeous livery also features a black chequered pattern that matches the Huracan’s yellow body paint.Read the entire article Lamborghini Huracan surprises travelers at Italy’s Bologna airport
When Italian supercar maker Mazzanti Automobili introduced the Mazzanti Evantra coupe in 2013, the company immediately gained international fame with the vehicle, which had a 7.0-liter V8 engine that could deliver 751 hp and that allowed it to reach a top speed of 224 mph. Middle of this year, Mazzanti Evantra surprised us once again by revealing the Mazzanti Evantra Millecavalli hypercar, which has a 7.2-liter twin-turbo V8 engine – sending power to its rear wheels via the six-speed sequential gearbox – could develop 1,000 hp of max output along with 885 lb.-ft. of peak torque.
Now, Mazzanti is revealing that a new version of the Mazzanti Evantra coupe is coming to town, and it is better than the 2013 original model. Let us welcome the Mazzanti Evantra 771, which will be available starting spring 2017. According to Mazzanti, the atelier applied all the knowledge and all the expertise gained from creating and developing the Mazzanti Evantra Millecavalli hypercar to work on a very important update for the 2013 Evantra.
Interestingly, the basic design of the Mazzanti Evantra 771 remains essentially the same as the original Evantra coupe. However, there are noticeable differences and improvements on the exterior, thereby effectively refreshing the looks of the Mazzanti Evantra. These improvements include several aerodynamic tweaks. For instance, the Evantra 771 features a new front splitter, a refreshed air intake on the roof, as well as new designs for its mirrors and its rear wing.Read the entire article Mazzanti unveils Evantra 771 with updated looks, aerodynamics and engine
Look out, LaFerrari! The bane of your existence is coming sooner than expected. The hypercar that is set to challenge the Ferrari LaFerrari’s existence in the hypercar Holy Trinity is expected to go into production by the end of this year.
The Mazzanti Evantra Millecavalli is a vehicle that stands true to its name. The term “millecavalli” is actually an Italian word meaning “1,000 horses”, and so the Evantra Millecavalli is expected to pack a thousand horses under its hood.
First introduced during the 2016 Turin Auto Show, the Evantra Millecavalli is a majestic piece that has captivated the hearts of car enthusiasts. A reworked version of the previous Mazzanti Evantra, the Millecavalli is set to become a game changer in the field of high performance vehicles once it hits production.Read the entire article Meet Italy’s Most Powerful Car: Mazzanti Evantra Millecavalli
Automobili Lamborghini once again is one of the top companies with outstanding workplace environments as well as advanced policies in personnel management. For the third straight year, Lamborghini received the esteemed Top Employer Italy 2015 certification from the Top Employers Institute.
The Top Employer certification program is a year-long process during which the Institute will undertake a structured investigation and verification procedure. Moreover, the Institute will consider nine criteria, which include salary policies, training and professional growth, working conditions and benefits, career opportunities and corporate culture.
The Institute will award the certification only to companies that managed to get the highest scores. Stephan Winkelmann, president and executive of Automobili Lamborghini, remarked that The Top Employer certification validates the carmaker's investment and belief in human resources, which it considers as a cornerstone to facing challenges in the near future like the launch of the third model and the doubling of its Sant'Agata Bolognese site.Read the entire article Lamborghini is named Top Employer in Italy for 2016
The Ferrari Listing Ceremony on the MTA made quite an impressive scene, such that Sergio Marchionne called it ‘a new milestone, a new start’ for Ferrari as inscribed in the guest book of the Italian Stock Exchange. The ceremony was presided by Raffaele Jerusalmi, CEO of the Italian Stock Exchange (Borsa Italiana).
The event came just a few months after Ferrari made its debut on the New York Stock Exchange on 21st October, 2015. Matteo Renzi, Prime Minister of Italy was the ceremony’s Guest of Honour.
After the traditional opening bell was rung by Sergio Marchionne (Ferrari Chairman), John Elkann (FCA Chairman), Amedeo Felisa (Ferrari CEO) and Piero Ferrari (Ferrari Vice Chairman), the stock began trading.Read the entire article Ferrari debuts on the Italian stock exchange
Lamborghini has entered an agreement on tax breaks with the Italian government and will soon roll out a new SUV in Italy, according to insiders. The announcement will be made in a press conference set in Rome on Wednesday that will be attended by Lamborghini chief Stephan Winkelmann and Rupert Stadler, the CEO of its parent company Audi.
Italy's Prime Minister Matteo Renzi will also be present to announce the deal. The automaker expects to create jobs for up to 500 people. In return, the Italian government will grant tax breaks and other benefits amounting to 80 million euros ($87 million). Audi aims to add more to its lineup currently composed of two-seat supercars.
Emerging markets like China are not inclined to buy these supercars because of the poor roads in their regions. This SUV that will be built in Italy will be its first since 1993, which is when it stopped production of the boxy LM002 (also known as Rambo Lambo). Sources said earlier this month that there have been several meetings between Lamborghini’s officials and representatives of the Italian government.Read the entire article Italy grants tax breaks for Lamborghini’s SUV production
The Italian government wants Lamborghini to build its upcoming SUV in the country and to convince the automaker, Prime Minister Matteo Renzi's government may offer up to 100 million euros ($111 million) in tax breaks and other benefits, according to an insider. The government hopes that the final assembly of the Lamborghini Urus, a prototype of which was presented at the 2012 Beijing auto show, will be in Italy.
The automaker has been working on its business case for this vehicle as it aims to get the approval of its parent (VW’s Audi) to start production. If everything proceeds smoothly, this vehicle will be a contender for the sportiest SUV in the world and will be competing with the Aston Martin DBX.
Sources also said that approval is expected by the end of June but it’s difficult to predict the outcome and the timing. In an e-mailed statement, Audi said that no decision has been made yet on the Urus’ series production. Until then, it cannot yet answer where the location of its production will be.Read the entire article Italian government offers incentives to Lamborghini to build Urus SUV in the country
Fiat is offering its employees EUR1,000 discount on top of Fiat's standard employee discount tagged at between 12 percent and 26 percent, depending on the model. The offer was announced last week at two of Fiat’s Italian sites – in Mirafiori and Pomigliano -- in a dramatic manner.
When employees reported to work, they were greeted by their foreign-made cars from brands like Volkswagen and Peugeot "wrapped up" in a giant plastic bag, with a Valentine heart on top. It comes with a message (in Italian) printed on top of a red heart with a crack running from top to bottom.
It reads as translated: "Seeing you with someone else breaks my heart. But we're still thinking of you anyways." The promotional campaign created by Fiat's marketing office with public relations agency So Simple was done to entice workers at its Mirafiori and and Pomigliano site to take advantage of a special discount on new Fiats.Read the entire article Fiat is offering EUR1,000 discount for Italian site workers
The new Maserati Levante SUV will be built in Turin and production will start by the end of next year. According to the latest reports from Automotive News, the new Italian SUV will be built in Europe in order to end losses in the region. An investment will also be made and Fiat will spend less than 1 billion euros at Mirafiori plant.
The investment will start immediately at the factory in exchange for layoffs. Regarding the Levante SUV, this will be inspired by the Kubang Concept that was shown back in 2011 at the Frankfurt Motor Show and represents an important step in boost Maserati sales to 50,000 units in 2015.
Moreover, Maserati will use the Jeep Grand Cherokee platform, while under the hood there will be a big V8 engine developed by Ferrari. Maserati Levante will take on cars such as the Porsche Cayenne or the upcoming Bentley SUV.Read the entire article Maserati Levante SUV will be built in Turin, Italy
Fiat would freeze investments in new models until there is clarity over the impact of a court ruling declaring that a law barring a metalworkers' union from representing its workers was unconstitutional, Fiat chief executive Sergio Marchionne has disclosed. Italy's constitutional court issued a ruling last week that a clause in the country's labor law from the 1970s allowing Fiat to bar the Fiom union from representing its workers was unconstitutional.
Speaking to workers at Fiat's Sevelsud site in Italy, Marchionne said that before they could make "any further initiatives" in Italy, they need a clear legal and normative framework.
Marchionne remarked that he was open to a discussion with Fiom leader Maurizio Landini to discuss what measures could be taken, based on a common understanding that Fiat's labor contract in 2011 would not be revised.Read the entire article Fiat may freeze investment in Italy over adverse ruling
Fiat may shift output of its Alfa Romeo models to outside of Italy if it cannot get clear labor rules in the country. Fiat chief executive Sergio Marchionne remarked that Italy should decide whether they want "it to happen in this environment or not" since Fiat and Chrysler have several alternatives. Marchionne said Fiat will freeze new investments in Italy until it gets a clearer idea of the impact of a court decision that says a part of the country's labor rules are unconstitutional.
Fiat has poured investments at some of its sites in Italy since 2010 in return for concessions from labor unions for more flexible work conditions. The metalworkers' union Fiom, however, did not support the new agreement, and commenced legal actions against Fiat. Italy's constitutional court eventually issued a ruling last week saying that a clause in the country's labor law from the 1970s that allows Fiat to prevent the Fiom from representing its workers violated the constitution.
Marchionne remarked that Fiat "needs clear and reliable rules" before investing in more projects in Italy. Fiat is increasing output of upscale models in Europe, including Alfa Romeos and new Maserati models, as part of its bid to end its losses in the region by 2016. Fiat posted over EUR700 million ($894 million) in losses in Europe in 2012.Read the entire article Fiat may shift Alfa Romeo output out of Italy
Fiat and Chrysler are planning to produce up to 280,000 small sports utility vehicles annually in Italy for the Fiat and Jeep brands, sources told Automotive News Europe. The carmakers will commence producing a still-unnamed Jeep variant in June 2014 and will build the Fiat 500X three months later.
The Jeep variant will have a planned volume of up to 150,000 units while the Fiat 500X will have a production volume of 130,000, two suppliers involved in the project told Automotive New Europe.
In December 2012, Fiat announced it would make over a billion-euro investment to expand its Melfi site in Italy to accommodate the production of the small SUVs. This production plan is vital to Fiat's target to increase capacity usage and to end losses in Europe by concentrating on producing higher-margin models.Read the entire article Fiat, Chrysler planning to produce 280,000 small SUVs a year in Italy
Fiat SpA has assured the Italian government that the carmaker will not resort to job cuts in the country. Fiat chief executive Sergio Marchionne affirmed the carmaker’s commitment for Italy during a meeting with newly appointed industry minister Flavio Zanonato on May 31, 2013. Zanonato had recently asked Fiat "to stay in Italy" after consummating a planned merger with American unit Chrysler Group in 2014 after local unions expressed worries that the carmaker will transfer its corporate headquarters to the United States.
During the meeting Fiat and Zanonato pledged to work together to re-launch the Italian car market, the ministry said in a statement. They also emphasized the importance of the carmaker’s Italian manufacturing base as part of its brand image. The meeting was also attended by Fiat's controlling shareholder John Elkann, who also assured the carmaker plans to maintain employment in Italy despite falling demand for vehicles in the country.
Vehicle sales in Italy dropped 20 percent in 2012 and are expected to decline 5 percent more this year to around 1.3 million vehicles. Although the Italian government does have some ways to help revive domestic sales, Fiat is planning to produce Jeeps and a new line of Alfa Romeos in Italy for export to markets in Asia, Latin America and the US.Read the entire article Fiat assured Italy it will keep jobs in the country
Italian Industry Minister Flavio Zanonato will meet with Fiat chief executive Sergio Marchionne over concerns that he plans to transferr the headquarters of the carmaker and Fiat Industrial away from Italy, Il Sole 24 Ore reported. Zanonato told the Italian daily that he will press Fiat’s CEO over Italy's future role at the two companies.
Fiat Industrial is planning to move its fiscal headquarters to the United Kingdom after consummating a merger with tractor unit CNH Global NV to save on its annual tax bills. Fiat Group, on the other hand, is considering shifting its corporate headquarters from Turin, Italy to the United States after completing a merger with American subsidiary Chrysler Group, reports have indicated.
The possible transfer of the two companies away from Italy has raised concerns among labor leaders, who in turn have pressed the Italian government to take action to secure jobs in the country.Read the entire article Italy to press Fiat CEO over concerns on possible HQ transfer
Fiat is investing over 1 billion euros, or $1.3 billion, to produce subcompact SUVs for the Fiat and Jeep brands in Italy. Fiat is relying on this move to increase capacity usage and cut losses in Europe by concentrating on high-margin cars. At the plant in Melfi, southern Italy, which is where the models will be assembled, CEO Sergio Marchionne said that the company has made the decision to move away from mass carmaking and join the upscale market.
The CEO added that this is the only plant in the world to build a new small SUV for Jeep. Marchionne is planning to increase the sales of its costlier models to stimulate Fiat's European operations, which are predicted to incur losses of 700 million euros this year.
In addition, Fiat is also under political pressure at home due to criticism that its European arm is now struggling since it focused too much time on managing its takeover of Chrysler Group. Fiat Chairman John Elkann has a contrasting opinion. Elkann released a statement to say that Fiat's alliance with Chrysler “took something away from Italy.” He said that without this alliance, the Melfi investment won’t have been a possibility.Read the entire article Fiat will invest 1 billion euros to build subcompact SUVs in Italy
Sources said that details will soon be announced by Fiat CEO Sergio Marchionne about the start of production of Fiat and Jeep SUV models at its Melfi, southern Italy plant. The sources added that Fiat will proceed with the projects even with the possible political instability in Italy after the country's Prime Minister, Mario Monti, revealed his plan to resign last weekend.
It’s believed that Marchionne will talk about information about the initial spending at the Melfi plant as early as next week. Automotive News Europe sources said that Fiat is planning to produce the 500X, which is the replacement for the current Fiat Sedici small crossover at Melfi beside a "baby" Jeep Wrangler for European and U.S. markets.
Marchionne is planning to increase sales of its pricier models to turn around Fiat's European operations, which are predicted to incur 700 million euros ($913 million) in losses this year. It drove the manufacturer to reduce its 2014 trading-profit target by 31% to 5.2 billion euros. The CEO aims to introduce 19 models through 2016 that will be built in Italy, which include nine Alfa Romeo-badged vehicles and six Maseratis.Read the entire article Fiat to announce its plans to build Jeeps and other SUVs in Italy
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