AUTO FIAT
Fiat Auto raises 2006 profit goal Washington Post TURIN, Italy (Reuters) - Italian industrial group Fiat laid out ambitious growth and profit targets for its core Fiat Auto business on Thursday, mapping out a plan to extend the division's earnings rebound through 2010. The Fiat Grande Punto Wins Design Award From Autocar Magazine carpages Hot on the heels of its nomination as Scottish Small Car of the Year, (27th October), Fiat Auto's new Grande Punto has just received Autocar magazine's coveted Design Award 2006, which was presented to Frank Stephenson, head of Fiat and Lancia Stile, at a ceremony in Brooklands on Tuesday evening, 14th November. Chinese Brands Beam at Beijing Auto Show AP via Yahoo! Finance Homegrown Chinese brands stole the show Saturday at the opening of the Beijing Auto Show, upstaging their bigger and better-known international counterparts with original designs and big ambitions. ITALY: Fiat details new Scudo line just-auto Following the 7 November factory launch event, Fiat has now announced full details of its fully redesigned 2007 freight and passenger-carrying Scudo van range. Fiat CEO Outlines 4-Year Business Plan Washington Post TURIN, Italy -- Fiat SpA Chief Executive Sergio Marchionne laid out an ambitious set of four-year targets on Thursday aimed at propelling the newly revitalized company toward capturing a bigger share of the market. ITALY: Fiat Auto chief leaves in '07 just-auto Fiat chief executive Sergio Marchionne on Thursday said he would step down as the leader of the company's automaking unit next year and said his successor would come from within the company. Sanford Bernstein Raises Fiat Target Price New Ratings 1652 GMT [Dow Jones]--Sanford Bernstein raises its price target for Fiat (FIA) to EUR9 per share reflecting an upgrade in earnings forecast for CNH and Iveco units after investors presentations last week. Chinese Carmakers Accelerate CBS News The latest Chinese cars upstaged their bigger and better-known international counterparts at the opening of the Beijing Auto Show, as U.S. auto execs kicked the tires of possible partnerships. Fiat fights back drive.com.au Fiat, a company with a 107-year heritage but a disappointing recent history of building ordinary cars, recognises that it must stamp itself as a quality European brand or risk being swamped by a rising tide of more affordable Korean and Chinese vehicles. Concorde Motors now on ECR News Today Conorde Motors, a 100 per cent subsidiary of Tata Motors will now offer its service facilities to owners of Tata and Fiat cars on the ECR. The company's newly acquired facility on the ECR is built on 60,000 sq ft and has capacity to attend to 80 cars per day.
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