Fiat

Fiat Shares Soar on Chrysler Buyout Deal

Shares in Fiat rose as much as 16 percent in early trading Thursday after the Italian car maker struck a $4.35 billion deal to gain full control of Chrysler Group.

Fiat Soon to Buy All of Chrysler?

Shares in Fiat rose more than 5 percent after its top management pulled out of the Frankfurt car show, fueling speculation it may be close to deal to acquire all of Chrysler.

Fiat Buys More Stock in Chrysler

Fiat exercises a third option to buy a small amount of Chrysler stock, but the sale won't go through until a price dispute is settled by a judge.

Chrysler Shares Could Soon Be On the Market Again

When Fiat CEO Sergio Marchionne took over Chrysler in 2009, it was considered a forgone conclusion that, eventually, he'd take the company public in an initial public offering. But now, Marchionne says the odds of an IPO are merely 50-50.

Starbucks Changes Direction with Big Drive-Thru Plans

One of the bolder initiatives Starbucks announced during last week's quarterly conference call was that 60 percent of the 1,500 new U.S. locations the barista-tended chain plans to open through the next five years will have drive-thru windows.

Automakers Look to Rev Up Sales Growth in Russia

Luxury cars to pamper your inner oligarch caught the eye as the Moscow motor show opened on Wednesday, but it is the Russian of more modest means who has the attention of the world's carmakers, keen to profit from one of Europe's few growing markets.

Do Women Really Make Better Car Choices Than Men?

One recent study of used-car buying habits found that women were more likely to do research and have a mechanic inspect a car before buying. Another study on new-car buying preferences shows that women make more practical choices.

The Financial Landscape: Moody's Mulls Debt Ceiling

Looks like rough sailing ahead: Moody's warned the GOP that its game of chicken with the debt ceiling risked a downgrade of U.S. debt, and the Labor Department said May hiring took a dive. But there are some things investors can look forward to: a Groupon IPO, and the government selling its last shares of Chrysler.

February Auto Sales Likely Kept Zipping Along

Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago as consumers continued to warm to the slowly improving economy -- so far, despite surging oil prices.

Though Chrysler Is Still Unprofitable, Employees Earn a $750 Bonus

Union employees at Chrysler Group will receive a $750 bonus next week as an acknowledgment of their contributions in helping to revive the once-bankrupt company, the automaker said Monday. Salaried workers, excluding the company's top 50 executives, will also receive the payment.

January Auto Sales Should Build on 2010's Momentum

A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a positive trajectory as 2011 starts.

Chrysler Rolls Out Plans for a Hybrid of a Different Kind

Chrysler has finally decided to jump on the hybrid bandwagon, announcing Wednesday that it is working with the EPA to develop a hydraulic hybrid powertrain for its vehicles. The system, which stores energy derived from vehicle braking as pressure, could improve fuel economy by 30% to 35%.

Chrysler Finds It Can Be Profitable Selling Fewer Cars

The smallest of the Detroit Three, Chrysler has made substantial strides in turning around its business, including lowering the number of vehicles it needs to sell to make a profit. The automaker had pegged 1.65 million as its operating break-even point, but has just lowered this to about 1.5 million vehicles.