Chrysler 2010 Annual Report Download - page 40

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Fiat returns to North American market with presentation of Fiat 500 at Los
Angeles Auto Show. The car will be produced in Mexico and sold with new
1.4 MultiAir, innovative Blue&Me™ communication and entertainment system
and seven airbags as standard.
At 44th edition of the award presented by the Brazilian magazine Auto Esporte,
the new Fiat Uno named “Carro do Ano 2011” by jury of 13 automotive
journalists from around Brazil.
DECEMBER
Company representatives and trade unions FIM, UILM, FISMIC and UGL sign
agreement for relaunch of Mirafiori plant. Agreement is put to referendum in
January 2011 and receives majority approval of workers.
Case Construction launches range of four T Series Construction King loader
backhoes in Europe.
New Holland celebrates 60 years in Brazil.
Foundation stone laid for new FGA plant in Pernambuco, Brazil. Total of BRL
3 billion to be invested with initial production capacity of 200,000 vehicles per
year (plant will open in 2014).
Fiat Industrial receives €4.2 billion in financing from group of leading banks
for working capital requirements and general corporate purposes, including
repayment to Fiat of “intragroup” loans subsequent to the effective date of the
demerger.
Deed of Demerger signed between Fiat S.p.A. and Fiat Industrial S.p.A.
following receipt of necessary approvals from Borsa Italiana S.p.A. and
Consob. Demerger takes effect on 1 January 2011 and from 3 January the
ordinary, preference and savings shares of Fiat Industrial S.p.A. begin trading
on the MTA.
DECEMBER
Ferrari presents the 458 Challenge, derived from the 458
Italia, that will be the protagonist of a new single-make
trophy.
DECEMBER
Case IH announced winner of SIMA Innovation Awards
(at SIMA to be held in February 2011) for new automatic
vehicle-to-vehicle synchronization system and for
world’s first continuously variable PTO transmission for
tractors. New Holland Agriculture to be awarded the
Silver Innovation medal for Crop ID™ system.