Italian premier suggests end for auto incentives program in stand-off with Fiat over jobsPremier Silvio Berlusconi on Thursday cast doubt on the future of Italy's cash-for-clunkers scheme, as the government squares off with automaker Fiat over the company's plan to shut down a major factory. The incentives program ...

Fiat faces trinity of opposition to restructuring plans: government, unions and popeThese days, it seems beleaguered Italian automaking could use a little divine intervention. After car giant Fiat announced plans to shut auto production at its Sicilian plant, Pope Benedict XVI waded into worldly matters to urge the company to ...

Chrysler CEO says company's sales won't improve until June, auto industry must cut capacityChrysler Group LLC's sales will continue to slump until around June when compared with last year's numbers because the company used big incentives early in 2009 to move cars and trucks as it ...

Fiat and Chrysler CEO Sergio Marchionne said Wednesday that a decision to shut down the company's plant in Sicily was "irreversible." Speaking in Detroit, Marchionne said plans to shutter the plant, which employs around 1,400 people, although "a great controversy," would go ahead. His speech was interrupted by ...