UPDATE 1-Sanpaolo CEO says no need to review Fiat loan


(Adds CEO quotes, background) RIMINI, Italy, Aug 26 (Reuters) - The chief executive of Sanpaolo IMI , one of Fiat's major creditor banks, said on Tuesday there was no need to review the terms of a major loan to the carmaker after it recently completed a capital hike. Fiat's creditor banks, led by Sanpaolo IMI, Banca Intesa , Capitalia and UniCredito , last year extended a three billion-euro loan, which was convertible into Fiat shares if some debt-related targets were not met. There ...

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Feb 22, 2018

2018 Wards 10 Best Engines Ceremony

Today, WardsAuto begins posting videos from the 2018 Wards 10 Best Engines celebration, held during the North American International Auto Show. In this segment, editors Drew Winter and Tom Murphy kick off the event. Beginning tomorrow, videos with each winning automaker's acceptance speech will begin posting, one daily, in alphabetical order....More


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