Ferrari F1 team starts new era without Luca di Montezemolo
Ferrari F1 team starts new era without Luca di Montezemolo

Luca di Montezemolo`s resignation as Ferrari chairman on Wednesday severs an historic link with the company`s late founder Enzo and marks the end of an era for Formula One`s most successful and glamorous team.

Ousted Ferrari head takes his bow, company to `remain Italian`
Ousted Ferrari head takes his bow, company to `remain Italian`

Ferrari, a byword for flashy sports cars, hit rough ground Wednesday with the shock announcement that its president of 23 years, Luca Cordero di Montezemolo, has been pushed out.

Luca di Montezemolo to step down as Ferrari president
Luca di Montezemolo to step down as Ferrari president

Long serving Ferrari president, Luca Cordero di Montezemolo has announced that he will leave the Formula One team next month. The 67-year-old was under pressure to quit from Sergio Marchionne, the chief executive of parent company Fiat.

SC fiat on summoning of accused in criminal cases

Supreme Court has held that summoning of accused persons cannot be withheld merely on the ground that it will hurt the interests of other accused who are "well-known" or just because the witnesses are related
to the complainant.

Fiat global Q4 net loss at Euro 283 mn

Italian auto major Fiat Group
on Wednesday reported a global net loss of 283 million euro for the
quarter ended December 31, 2009.

Fiat takes Tatas` help to develop small car for India

Italian auto maker Fiat today said it is taking help from its partner, the Tatas in developing the small car which it plans to launch in India by 2012.

Fiat to bring `By Diesel 500` premium small car to India

Italian car-maker Fiat today said it plans to bring its super premium hatchback `By Diesel 500`, a co-branded model with European clothing firm Diesel, to India as it looks to add more style quotient to its portfolio

Fiat chairman says not seeking Asian partner

Fiat has no need to find an Asian partner to match recent tie-ups by European competitors with Japanese car makers, its chairman Luca di Montezemolo said a news agency on Monday in an interview.

Fiat eyes cent per cent sales growth next fiscal

Fiat India on Friday said it aims to
double sales of its cars in the next fiscal to touch the
50,000-mark anticipating the good showing of November to spill
over in the period ahead.

Fiat says it has recalled 500,000 cars

Italian auto maker Fiat had recalled about 500,000 of its Grande Punto and Grande Punto Abarth models in Europe because of a "possible anomaly" in the steering column.

Fiat plans to boost Italy output 40%: Report

Fiat SpA plans to boost Italian output about 40% to 900,000 units a year under a restructuring scheme, la Repubblica newspaper reported on Saturday.

Fiat to source components worth $1 bn from India by 2010

Italian auto firm Fiat on Thursday said
it will source components worth USD 1 billion from India by
2010 for its global operations.

Fiat India secures Rs 2,500 cr funds

Car maker Fiat India Automobiles on Monday said it has arranged funds to the tune of Rs 2,500 crore from a consortium of domestic and international lenders to support the company`s operations and production of vehicles.

Fiat targets to export 7,000 cars this fiscal

Fiat India Automobiles (FIAL) on Wednesday
said it is scouting for opportunities in the SAARC region to
achieve its export target of 7,000 cars this fiscal from just
800 in the previous one.

Tatas, Fiat planning to introduce Nano in Latin America

Tatas is planning to introduce its small car Nano in Latin America in partnership
with Italian auto maker Fiat.