Fiat 500 USA Homepage

What's new in the Fiat 500 world

New 2018 Fiat 500 is Even More Fun to Drive

The new 2018 Fiat 500 now comes turbocharged, making it the most powerful car in its class. All the details here.

Fiat 500X Safety Systems Explored

The Fiat 500X is available with an astounding 70 safety features and systems. Here is the complete list and what they do.

2018 Fiat 124 Spider Model Changes

What's new for the 2018 Fiat 124 Spider.

The Roomy Fiat 500L

The Fiat 500L has the room of a full-sized car within its subcompact dimensions. Learn more about this versatile car

We cover Alfa Romeo!

All you need to know about Alfa Romeo

Abarth 695 Series

Read up on the European 695 Series and get inspired to modify your 500 Abarth

Ride of the Month Contest
Your One Stop Fiat 500 Shop!

Monday, April 20, 2009

Sergio Marchionne, Fiat CEO, flies to the USA to hammer out deal...

Sergio Marchionne has come to the USA today, Monday, April 20th to hammer out the deal between Chrysler and Fiat. It's been reported online that he'll be here in the USA until Thursday when he'll fly back to Torino, Italy for Fiat's first quarter earning report.

With just 10 days to formalize the alliance between Chrysler and Fiat, (in order to satisfy the Obama administrations deadline) Marchionne has his work cut out for him. He must get deeper concessions from the resistant UAW in the US and Canada and come to terms with creditors to whom Chrysler owes a reported $6.9 billion to.

If anyone can do this, Sergio Marchionne is the one. He is credited with pulling Fiat out of impending bankruptcy in 2004 and actually returning it to profit in 2006.

Stay tuned because this will go down to the wire!

No comments: