Watching your capitalization lose half of its value is never a good thing – even more so if your company is in the middle of a serious restructure. But that’s exactly what has happened to Fiat S.p.A., and investors are worried, given the weak European market and the problems that the U.S. is currently facing.
However, the automaker's CEO, Sergio Marchionne, remains optimistic that, despite the stock’s poor performance, profit and sales target for 2011 will be met: “We won’t be reviewing 2011 targets until we close the third quarter. For now, we confirm the targets,” he told reporters at Rimini last Wednesday.
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Chrysler
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- Alfa Romeo Announces New 1.8-liter Turbo Engine with up to 300HP, Production Starts in 2013
- New Chrysler Delta Hatch Goes on Sale in the UK [71-Photos]
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- Jeep's Updated Production Plan Includes Four New Models Covering Most Segments by 2014
- I Kid You Not: Consumer Reports Says Chrysler 300C is “Excellent”
- Dodge Unleashes Video of Viper SRT10 ACR Reclaiming Position from Lexus LFA at the 'Ring with 7:12.13
- Fiat Joins Pink Initiative for Breast Cancer Awareness in the U.S. with Limited Edition 500
- 2012 Dodge Charger Pursuit Records Fastest-Ever Lap Time at Michigan Evaluation Test
- Dodge Mulling Super Durango SRT8 with 465HP Hemi V8
- Chrysler Touts New 300's 8-Speed Automatic in New Imported from Detroit Commercial
- U.S. Fiat Dealers Disappointed by New Decision to Delay Alfa Romeo's Return
- The Manchurian Candidate: Jeep capitalizes on Fiat’s Chinese Operations, Wants to Build SUVs locally
- Chrysler Slows Down Production Due to a Lack of Carpets
- Another Month, Another Delay: Alfa Romeo Won't Come to the States Until 2013, Cancels SUV Plans
- IAA 2011: Lancia Displays its Stars and Stripes in Frankfurt
- Brand New Chrysler Group Cars Driven at Warp Speed out of Transporter Train…
- Chrysler to Sell Fiat Doblo in the U.S. and Canada under the Ram Brand
- Jeep Launches Special Edition 2012 Wrangler "Call of Duty:MW3"
- Report: Fiat Group Mulling to Build Jeep and Alfa Romeo SUVs in the U.S. Instead of Italy
- Frankfurt Show Preview: Chrysler 300 Wears Italian Undies and Becomes the New Lancia Thema
Fiat
- Lil' Monster: Romeo Ferraris Fiat 500 Abarth Stradale Packs 300HP
- Romeo Ferraris Preparing Insane Fiat 500 Abarth with 300-Horses
- Alfa Romeo Lays Out Product Plans Until 2014, Readying a New RWD Saloon with a V6 Engine
- Former Chrysler CEO Nardelli Says Cerberus Could Have Saved the Automaker
- Official: Fiat-Chrysler Alliance to Build New Small Jeep SUV at Mirafiori Plant in Italy
- Alfa Romeo Announces New 1.8-liter Turbo Engine with up to 300HP, Production Starts in 2013
- New Chrysler Ypsilon Supermini Makes its Debut in Britain [50 Photos]
- Jeep's Updated Production Plan Includes Four New Models Covering Most Segments by 2014
- Fiat Joins Pink Initiative for Breast Cancer Awareness in the U.S. with Limited Edition 500
- U.S. Fiat Dealers Disappointed by New Decision to Delay Alfa Romeo's Return
- The Manchurian Candidate: Jeep capitalizes on Fiat’s Chinese Operations, Wants to Build SUVs locally
- Video: Jennifer Lopez Shakes it for the New Fiat 500C
- Another Month, Another Delay: Alfa Romeo Won't Come to the States Until 2013, Cancels SUV Plans
- IAA 2011: Abarth Turns Fiat's 500 City Car into the 695 Competizione
- IAA 2011: Fiat Ready to Conquer the City Car Segment with All-New Panda
- Official: VW Says Suzuki Violated Agreement by Purchasing Diesel Engines from Fiat
- Fiat 500 by Gucci Makes Chic Debut at Italian Firm's Manhattan Store
- Chrysler to Sell Fiat Doblo in the U.S. and Canada under the Ram Brand
- Abarth to Unleash Punto SuperSport and two Special Editions of the 500 in Franfkurt
- Report: Fiat Group Mulling to Build Jeep and Alfa Romeo SUVs in the U.S. Instead of Italy
- Fiat’s Frankfurt Carmageddon: AWD Freemont, 500 “by Abarth” and 500C “by Gucci”, Plus Two New Editions of the Qubo
- 2012 Fiat Punto gets 85HP 0.9-liter TwinAir and 1.3 Multijet Engines
- Fiat’s 2012 Nuova Panda to Fight for City-Car Supremacy
- Lancia Flavia Cabrio Coming to Frankfurt Show, Sedan Plans Axed
Reports
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- Slowing Demand in China Forces Luxury Carmakers Like BMW to Offer Big Incentives
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- McLaren Delays MP4-12C Deliveries to Fix Software Glitch
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- This is how Ferrari Introduced its New FF GT in South Korea
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- Judge Rules in Favor of BMW Dealer who Fired Employee Over Facebook Posts
- Rumors: 2013 Cadillac ATS Sedan to Receive New 2.0-liter Turbo Engine
- 2012 Nissan 370Z gains Standard Oil Cooler, Base Manual Model Dropped from Roadster Range
- Ferrari CEO Says Enzo Replacement Coming Next Year, may get V12 Hybrid
- 1955 Mercedes 300SL Gullwing Special Edition Abandoned in Santa Monica Garage for 40 Years!
- What a Joyride: Cops Try to Stop Stolen JCB Forklift
- China's Geely, Owner of Volvo, Denies Interest in Buying Saab
- New Mazdas to Use "Super-Strong" Bumpers Starting with the 2012 CX-5
- Renault to Increase Output of its Brazilian Factories by 100,000 Units in 2013
- 168,000 VW Jetta, VW Golf and Audi A3 Diesel Models Recalled in the U.S. Amidst Fire Concerns
- The Story of a Man who Bought the Rights to the Auto Avio Construzioni Name Only to be Sued by Ferrari
- Report: Saab has Yet to Receive Chinese Funds
- California Wants Dealers to Put Red Stickers on Damaged Vehicles
- GM PR Tweets that the 2012 Camaro ZL1 Laps the Nürburgring in 7:41.27
- Honda to Reduce Production in Japan by 50% Over the Next Decade
- Toyota Maintains World’s Number One Spot in Global Value Report
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