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Driving the Fiat 500 Abarth Automatic

With lightning fast shifts, the Fiat 500 Abarth automatic is not your typical slushbox automatic

Fiat 500X Earns Highest Safety Award

The Fiat 500X has the highest possible IIHS safety rating in its class

Driving the New Fiat 124 Spider and Abarth!

A look at how the new Fiat 124 Spider stacks up against the original

Fiat 500L Design

Within its compact dimensions, the Fiat 500L has the room of a full-sized car. See how Fiat did it and the concept and goals of the design team

Alfa Romeo Giulia Quadrifoglio Debut

Watch the Alfa Romeo Giulia Quadrifoglio Debut Video at the LA Autoshow

Fiat 500 Abarth Oil Change

Everything you need to know about changing the oil on a Fiat 500 Abarth and 500 Turbo

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Wednesday, July 29, 2009

Fiat raises $1.78 billion in 5 day bond sale.



In an indication of the faith people have in Fiat's management and vision during these economic hard times, Fiat, yesterday, announced the closing of its recently issued € 1.250 billion ($1.78 billion) Senior Notes due in 2012. The offering was extremely successful and drew more than €10 billion ($14 billion) in orders from investors for the €1.25 billion three-year bond. The bond was issued to help Fiat refinance debt.

The bond sale was so successful Fiat is expected to offer more latter in the year. It shows investors are confident in Fiat's ability to weather the financial downturn and emerge strong.

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