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trucks world news (Free subscription) | 07/22/2008
Cummins Inc. and units of Italy’s Fiat Group SpA said Friday they will end their diesel engine joint venture, European Engine Alliance , giving Fiat full control of EEA New York,NY,USA - The Associated Press/The Trucker -21 July 2008: -- ... The European Engine Alliance was established in 1996 as a joint venture between Columbus , Ind .-based Cummins and Fiat units Iveco NV — Fiat’s buses and commercial...
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Automotive Business Review (Free subscription) | 07/22/2008
Cummins, a manufacturer of diesel and natural gas engines, and the Fiat Group subsidiaries CNH Global and Iveco, have agreed to unwind their existing joint ventures for diesel engines.
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Just In Just Out (Free subscription) | 07/22/2008
Mumbai, July 21, 2008 : New Holland Agriculture, the world's leading manufacturer of agricultural machinery and a part of CNH Global N.V. (NYSE:CNH), a majority-owned subsidiary of Fiat Group (FIA.MI), rolled out its 100,000th tractor today at its New Holland Tractors facility, near New Delhi. More...
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Leftlane (Free subscription) | 07/21/2008
Earlier this month BMW inked a memorandum of understanding with Italy’s Fiat group, but a new report indicates that agreement could be farther reaching than first thought. While the deal included platform sharing for the next-generation Mini Cooper, the memorandum also included the possibility of a larger Mini model built on Fiat’s new C-Evo [...]
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Market Wire (Free subscription) | 07/21/2008
LUGANO, SWITZERLAND (MARKET WIRE) New Holland, a global manufacturer and seller of agricultural equipment, part of the Fiat Group (FIA.MI), inaugurated recently the new facility of its distributor Scientific Technical Centre (STC) in Stavropol, south of Russia.
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Indian Express (Free subscription) | 07/20/2008
Fiat Group Automobiles SpA is eyeing the market for its light commercial vehicles and alternative fuel technology in India. However, it will be not through Iveco but Fiat Professional.
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Indy Star (Free subscription) | 07/19/2008
COLUMBUS » Cummins and two units of Italy's Fiat Group said Friday they will end their diesel engine joint venture, European Engine Alliance, giving Fiat full control. As part of the deal, Cummins will receive CNH Global's 50 percent stake in joint venture Consolidated Diesel Corp., with the Whitakers, N.C.-based company becoming a unit of Cummins.
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The Business First of Louisville (Free subscription) | 07/18/2008
Cummins Inc. announced Friday that it has ended joint venture operations with CNH Global N.V. and Iveco N.V., two companies owned by Italian automobile- and heavy equipment-maker Fiat Group. (CMI)
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Business Wire (Free subscription) | 07/18/2008
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc., (NYSE: CMI) announced today that it has concluded its joint ventures with CNH Global N.V. (CNH) and Iveco N.V., two Fiat Group companies. Under
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SignalBlog (Free subscription) | 07/15/2008
Italian new bus registrations rose 3.3 percent to 2,399 units, from 2,323 in the same period a year earlier, said the Anfia auto industry association. Fiat SpA brand Irisbus registrations rose to 1,059, or a 44.1 percent market share, from 41.4 percent in first half 2007, the association said. Daimler AG’s brand Evobus new bus registrations were [...]
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Cincinnati Enquirer (Free subscription) | 07/13/2008
Fiat SpA has figured out how to beat the slump in U.S. auto sales caused by a slowing economy and record gasoline prices: sell a $115,000 sports car that gets 12 miles a gallon.
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ETF Trends (Free subscription) | 07/11/2008
What does a Fiat have to do with driving your exchange traded fund (ETF) investments? Italy’s biggest carmaker, Fiat SpA, is closing four of its six auto plants in the country for three weeks between September and November, report Sonia Sirletti and Marco Bertacchi for Bloomberg. Slumping sales are to blame, and the closures are to affect [...]
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Auto Channel (Free subscription) | 07/10/2008
MUNICH / TURIN – July 10, 2008: The BMW Group and Fiat Group Automobiles (FGA) are considering the possibility of co-operation in the areas of architectures and components for their MINI and Alfa Romeo vehicles. A Memorandum of Understanding to this effect was signed by Friedrich Eichiner, member of the Board of Management of BMW AG responsible for Corporate and Brand Development, and Alfredo Altavilla,...