Fiat Chrysler Automobiles CEO Sergio Marchionne has come out and denied that any of the automaker's brands could be up for sale. His comments were made on Monday at the 2018 North American International Auto Show in Detroit and finally put an end to the speculation that one or more FCA brands could be sold to a Chinese automaker. The speculation...
Ferrari is going to going to build an EV that will aim to have no peer – including from the likes of Tesla. Fiat Chrysler CEO Sergio Marchionne said that its planning to both build its first electric supercar, and debut its first ever SUV, with the latter arriving sometime in either 2019 or 2020, per Bloomberg. Show More Summary
Last year, following several fruitless attempts to find a merger partner, Fiat Chrysler Automobiles found itself on the business end of a pretty shocking rumor. Apparently, several Chinese automakers were lining up for a chance to buy FCA. Show More Summary
The Trump administration said it wants more car manufacturing in the U.S., but that may be difficult to do economically.
Fiat Chrysler is concerned consumers could be left exposed to price hikes as a result of NAFTA negotiations.
Sergio Marchionne discussed the future of his company at the Detroit auto show, saying the company will not be sold piecemeal.
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Sergio Marchionne, CEO of Fiat Chrysler (FCA), swatted down speculation Monday that he might sell the group's popular Jeep brand and forecasted a future strategic plan by June in anticipation of his retirement.
Despite a return to profitability and popular products, Fiat Chrysler's future is uncertain, which could delay CEO Sergio Marchionne's retirement.
CEO Sergio Marchionne said in a statement that these announcements reflect the company's ongoing commitment to manufacturing in the U.S.
Fiat Chrysler is discussing with Hyundai regarding hydrogen fuel-cell technologies and vehicle transmissions. Fiat Chrysler CEO, Sergio Marchionne, spilt the beans to Bloomberg while speaking to media at the launch of Alfa Romeo’s return to Formula One. Show More Summary
Fiat Chrysler Automobiles is in talks with South Korea's Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday. FCA is often the subject of merger speculation, especially after its unsuccessful 2015 attempt to tie up with larger U.S. rival GM.
The CEOs of Italian-American carmaker Fiat Chrysler Automobiles SpA and Italian energy giant ENI have agreed to jointly develop technologies to reduce carbon emissions from vehicles.
Apparently, Fiat Chrysler Automobiles CEO Sergio Marchionne had an extended chat with authorities at the U.S. Attorney’s Office in downtown Detroit one year before the $4.5 million corruption scandal involving the automaker’s training center was made public. Show More Summary
Maserati is planning to launch its second SUV by the turn of the decade, Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne, has confirmed this week. Speaking with industry journal Automotive News Europe, the Italian carmaker’s boss said the new crossover will sit below the Levante in Maserati’s line-up, based on Alfa Romeo’s ‘Giorgio’ architecture – which […]
Despite claims to the contrary, Maserati looks set to introduce an SUV based on the Alfa Romeo Stelvio. The vehicle was denied just two years ago by then-Maserati CEO Harald Wester, but Fiat Chrysler Automobiles CEO Sergio Marchionne confirmed it on Tuesday during his third-quarter earnings call with analysts, Automotive News (subscription...
Fiat Chrysler CEO, Sergio Marchionne, is still sceptical about the economic viability of Tesla, and the short-term profitability of production electric vehicles. Speaking at an event in New York, Marchionne said he was “unconvinced” as to whether Elon Musk would be able to bring Tesla to profit with his current model. “We still don’t have […]
Fiat Chrysler Automobiles [NYSE: FCAU] CEO Sergio Marchionne hasn't exactly been an ally to electric cars. This is the same executive who urged consumers to not buy the Fiat 500e electric car since FCA lost thousands of dollars with each one sold. Marchionne once again cast doubt on the viability of electric vehicles as a whole and said there...
Sergio Marchionne, CEO of Fiat Chrysler Automobiles and boss of Italian supercar marque Ferrari, has confirmed the Prancing Horse will indeed produce a ‘utility vehicle’, though it will be produced in limited numbers. In a press conference at the New York Stock Exchange this week, Marchionne said the company is “dead serious” about what it calls […]
Sergio Marchionne, CEO of Fiat Chrysler Automobiles, confirmed to Bloomberg on Monday at the New York Stock Exchange that Ferrari will indeed make an SUV. The Italian supercar maker is "beyond considering an SUV" and production volume will be decided in the next 30 months. Marchionne told reporters volume will be limited to preserve exclusivity...