Chrysler 2010 Annual Report Download - page 35

34 REPORT ON
OPERATIONS
KEY EVENTS
IN 2010
Case Construction receives awards from Construction Equipment magazine
and Rental Equipment Register for joystick steering on E Series wheel loaders.
Better Roads magazine names Case 650L crawler dozer one of “Top 20
Rollouts” of 2009.
APRIL
Also on April 21st, Fiat holds Investor Day in Turin. Group CEO, Sergio
Marchionne, and members of Group Executive Council present financial
community with 2010-2014 Business Plan.
Fitch Ratings confirms BB+ rating with negative outlook for Fiat. Moody’s
Investors Service confirms Ba1 rating with negative outlook for Fiat and Ba3
rating with stable outlook for CNH Global NV. And Standard & Poor’s Ratings
Services places Fiat SpA’s BB+ long-term rating on CreditWatch with negative
implications and CNH Global N.V.’s BB+ long-term rating on CreditWatch with
developing implications.
At BAUMA 2010 in Munich, Iveco presents extensive line-up of vehicles for
construction sector, including international debut of the Astra HHD8, a
50 ton vehicle with significant payload capacity built to handle even the most
impenetrable terrain.
In Hanover, Iveco inaugurates first Truck Station, an international initiative
dedicated to heavy transport. These service points are equipped to respond
to all needs of a transport operator in a single stop.
At BAUMA, New Holland launches first three models in new range of wheeled
excavators (the WE150, WE170 and WE190) and introduces smallest
mini-excavator in range (the new E10SR).
MAY
Integration of distribution activities of Fiat Group Automobiles and Chrysler
Group in Europe begins with reorganization and integration of Chrysler and
Lancia brand sales networks.
By 2014, the integrated network to consist of over 1,000 dealerships across
Europe with new operating mandate.
APRIL
On April 21st, John Elkann appointed Chairman of Fiat
SpA by Board of Directors. Outgoing chairman, Luca
Cordero di Montezemolo, continues as board member of
Fiat and Chairman of Ferrari.
APRIL
At Beijing Motor Show, Ferrari presents 599 GTO: the
highest performance road car ever built by the Maranello-
based automaker.