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Fiat

April 12, 2012

Exor, the Italy-based holding company controlled by the Agnelli family, is to focus on its large investments, rather than seek smaller assets.

Exor, the Italy-based holding company controlled by the Agnelli family, is to focus on its large investments, rather than seek smaller assets.

In a letter to shareholders, family member and Exor chairman John Elkann said: “We want to reduce the number of small investments in order to concentrate on a few larger ones.”

March 15, 2012

Sports car fans in Italy are perhaps riding high – it isn’t often that some of the most famous Ferrari cars in the world are found in one place. But that’s what has happened at the Enzo Ferrari Birthplace Museum.

Sports car fans in Italy are perhaps riding high – it isn’t often that some of the most famous Ferrari cars in the world are found in one place. But that’s what has happened at the Enzo Ferrari Birthplace Museum.

Based in Modena in Italy, the museum honours Enzo Ferrari, the founder of the eponymous sports car, which is today part of family business automobile giant Fiat.

March 1, 2012

French carmaker Peugeot has confirmed its alliance with General Motors, in a move that could see the founding Peugeot family reduce its control of the family business.

French carmaker Peugeot has confirmed its alliance with General Motors, in a move that could see the founding Peugeot family reduce its control of the family business.

After weeks of speculation, Peugeot said in a statement that it has teamed up with GM to “contribute to the profitability of both partners” and consolidate its presence in the European market.

February 27, 2012

Global volatility looks to be taking its toll on European family-run companies Merck and Fiat, which are respectively cutting jobs and considering closing plants to improve margins.

Global volatility looks to be taking its toll on European family-run companies Merck and Fiat, which are respectively cutting jobs and considering closing plants to improve margins.

German family business Merck, which operates in the pharmaceutical industry, plans to reduce its workforce “across all businesses and regions”, according to a statement.

December 15, 2011

Pandas have been making headlines a lot recently, thanks to China and Scotland joining forces to bring some of the cuddly-looking creatures to Edinburgh zoo. Now an entirely different type of panda – the Fiat Panda – has caught the attention of the press after the Italian carmaker unveiled the latest model. 

Pandas have been making headlines a lot recently, thanks to China and Scotland joining forces to bring some of the cuddly-looking creatures to Edinburgh zoo. Now an entirely different type of panda – the Fiat Panda – has caught the attention of the press after the Italian carmaker unveiled the latest model.

The compact city car boasts four airbags, ABS and daytime running lights as standard, as well as its well-regarded two-cylinder TwinAir engine.

September 12, 2011

An alliance between family-controlled carmakers Suzuki and Volkswagen may come to an end over a dispute involving Fiat, the Italian car manufacturer controlled by the Agnelli family. 

An alliance between family-controlled carmakers Suzuki and Volkswagen may come to an end over a dispute involving Fiat, the Italian car manufacturer controlled by the Agnelli family.

Suzuki Motor offered to buy Volkswagen’s stake in the company on 12 September after the German firm accused its Japanese partner of breaking the terms of their contract by agreeing to buy diesel engines from Fiat, instead of first considering VW.

However, in a statement, Suzuki denied the allegation: “We can affirm that we have not breached the contract.”

August 31, 2011

Family-controlled Exor, the parent company of Italian car manufacturer Fiat, expects its massive €460.1 million jump in six-month profits to be followed by strong results for the last half of the year, according to a company spokesman. 

Family-controlled Exor, the parent company of Italian car manufacturer Fiat, expects its massive €460.1 million jump in six-month profits to be followed by strong results for the last half of the year, according to a company spokesman.

July 4, 2011

Arguably, there is no country in the world where the word family means more than in Italy. After all, the Latin word that family is derived from—familia, meaning “family servants, domestics”—originated in Ancient Rome. CampdenFB takes a look at some of the leading Italian family businesses in an interactive graphic.

Arguably, there is no country in the world where the word family means more than in Italy. After all, the Latin word that family is derived from—familia, meaning “family servants, domestics”—originated in Ancient Rome.

March 10, 2011

Sports carmaker Ferrari, 90% controlled by the Agnelli family's Fiat, has announced it will begin selling its cars in India following an agreement with India's luxury retail company, the Shreyans Group.

Sports carmaker Ferrari, 90% controlled by the Agnelli family's Fiat, has announced it will begin selling its cars in India following an agreement with India's luxury retail company, the Shreyans Group.

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