Jump to content

FCAU - Fiat Chrysler Automobiles


LC

Recommended Posts

http://www.bloomberg.com/news/2013-05-29/fiat-said-to-ready-10-billion-in-financing-for-chrysler.html

 

Fiat SpA (F) is in talks for as much as $10 billion in financing from a pool of banks to buy the Chrysler Group LLC stake it doesn’t own and refinance the two automakers’ debt, people familiar with the matter said.

 

Chief Executive Officer Sergio Marchionne aims to complete the purchase by the end of the summer, pending the results of a legal case between Fiat and the health-care trust over the value of its Chrysler stake, the people said.

 

...

 

The judge has until late July to make a ruling in the case, according the court’s guidelines, which stipulate a decision should come within 90 days of oral arguments.

 

Link to comment
Share on other sites

  • Replies 3k
  • Created
  • Last Reply

Top Posters In This Topic

Asked if Fiat Chief Executive Sergio Marchionne will stay on after 2015, Elkann said he would.

 

"Marchionne has talked about 2015 as the date he would leave the group, because a lot of the things he is working on will be completed," Elkann said. "I have discussed this with him and am convinced that he will stay on with us for many more years."

 

http://www.reuters.com/article/2013/05/30/exor-fiatindustrial-idUSL5N0EB1LJ20130530?type=companyNews&feedType=RSS&feedName=companyNews&rpc=43

Link to comment
Share on other sites

 

http://www.reuters.com/article/2013/05/30/us-exor-fiatindustrial-idUSBRE94T0DH20130530?feedType=RSS&feedName=innovationNews&rpc=43

(Reuters) - Italian truck and tractor maker Fiat Industrial's (FI.MI) merger with its U.S. unit CNH (CNH.N) will take place between July 4 and September 1, the company's controlling shareholder said on Thursday.

Link to comment
Share on other sites

Hi Guys,

    I am confused about the new Jeep Grand Cherokee's exterior. Google search shows that it looks like this:

http://www.jeep.com/en/2014/grand_cherokee/?sid=1037056&KWNM=jeep+grand+cherokee&KWID=3618348157&TR=1&channel=paidsearch#model=summit&color=deep_cherry_red

   

    But a few months ago I remember people complaining it looks very ugly, and I remember it like this:

  http://features.blogs.fortune.cnn.com/2013/04/02/does-jeep-have-a-design-problem/

 

    So what happened?

Link to comment
Share on other sites

 

So 4C's curb weight/hp ratio is 1980/245 = 8, while Porche Cayman's ratio is about 10. I think 4C is the definite winner here.

Link to comment
Share on other sites

 

Fiat Said to Get $2.7 Billion Refinancing Before Chrysler Deal

http://www.bloomberg.com/news/2013-06-17/fiat-said-to-get-2-7-billion-refinancing-before-chrysler-deal.html?cmpid=yhoo

 

"Fiat SpA (F), Italy’s biggest manufacturer, will raise a 2 billion-euro ($2.7 billion) loan ahead of its planned merger with Chrysler Group LLC, according to two people with knowledge of the matter....

 

The debt, which includes two one-year extension options, replaces a 1.95 billion-euro credit facility due July next year and will be offered to a wider group of lenders later this month, the people said.

 

The Italian automaker may raise as much as $10 billion from banks to increase its stake in Chrysler and to refinance both companies’ debt, people familiar with the matter said last month. The Turin-based company has built up a 58.5 percent stake in Chrysler, and is in talks to buy the remainder owned by the United Auto Workers’ retiree health-care trust, Chief Executive Officer Sergio Marchionne has said."

 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now



×
×
  • Create New...