Fiat SpA (FIATY.PK) announced that it has appointed Harald Wester as Chief Executive Officer of Alfa Romeo Automobiles, replacing Sergio Cravero, who will assume responsibility for Product Portfolio Planning & Product Concept of Fiat Group Automobiles. Wester will maintain his current positions as Chief Technical Officer for Fiat Group and Fiat Group Automobiles and Chief Executive Officer of Maserati and Abarth.
Harald Wester began his professional career at Volkswagen AG in Wolfsburg where he served as General Manager of the Vehicle Research and New Concepts department from 1991 to 1995. Later that year, he joined Audi AG in Inglostadt where he became Program Manager for A2 models and Special Vehicles, a position that he held until January 1999.
Subsequently, he joined Ferrari S.p.A. as Director of Product Development until his appointment in 2002 as Group President Engineering and Chief Technical Officer of Magna Steyr AG. In 2004, he joined the Fiat Group where he took on the role of Chief Technical Officer for Fiat Group Automobiles and, subsequently, CTO for the Fiat Group. In addition to these roles, in August 2008 he was appointed Chief Executive Officer of Maserati S.p.A. and, in January 2009, Chief Executive Officer of Abarth & C. S.p.A.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.