VKW.L
Volkswagen AG
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  • Reuters2 years ago

    Fiat Chrysler bets on Jeep, Alfa revamp to go global

    * New 5-year business plan to be presented on Tuesday * CEO aims to make Jeep, Alfa Romeo and Maserati global brands DETROIT, May 6 (Reuters) - Fiat Chrysler will build Jeeps in China and Brazil and is expected to invest billions of euros to revamp its battered Alfa Romeo sports-car brand in a bid to convince investors it can turn the newly merged automaker into a thriving global business. Chief Executive Sergio Marchionne unveils the group's long-awaited five-year business plan on Tuesday when he is expected to show how Fiat Chrysler can "go on the attack against the giants" in the industry.

  • Reuters2 years ago

    GKN profit rises 17 pct in 2013 on automotive boost

    British car and plane parts maker GKN reported a 17 percent rise in annual profit, beating analyst expectations, as strong demand in its automotive unit offset sluggish growth in military markets. GKN, ...