Automotive News reports Fiat-Chrysler CEO Sergio Marchionne has issued a written apology for his comments regarding his decision to stick with an Italian engine for the upcoming Alfa Romeo 4C. As you may recall, back in January, Marchionne was quoted as saying, "I cannot come up with a schlock product, I just won't. Show More Summary
Fiat-Chrysler supremo Sergio Marchionne has got himself into a spot of bother with the 'Italian American One Voice Coalition'. Yes, he's of Italian ancestry himself, but that didn't stop him from using a term 'in jest' that the organisation...Show More Summary
Rumor has it that Sergio Marchionne is planning on taking Chrysler public once again. What if the IPO fails? Well, then a chunk of the company could go to the UAW. Read more...
Fiat SpA ADS (FIATY.PK) Q1 2013 Earnings Conference Call April 29, 2013 12:00 pm ET Executive Marco Auriemma – Head-IR Sergio Marchionne - CEO Richard Palmer - CFO Analysts Martino De Ambroggi - Equita Fraser Hill - Bank of America Eric Hauser - Credit Suisse Stephen Reitman - Société Générale Richard Hilgert - Morningstar Inc. Charles A. Show More Summary
Chrysler CEO Sergio Marchionne told his employees to "Just close your eyes, plug your nose and move on from here" after a weak 1st quarter. Read more...
Pier Marco Tacca/Getty ImagesChrysler Group CEO Sergio Marchionne. By TOM KRISHER DETROIT -- Chrysler's first-quarter profit tumbled 65 percent as shipments of cars and trucks fell while it prepared to launch several key new vehicles. The...Show More Summary
Pics of what is claimed to be the forthcoming 500XL, a rival for the VW Touran, have appeared on the web. This model has been a long time coming, Fiat CEO Sergio Marchionne having told analysts in April 2010 that the Mirafiori plantShow More Summary
Fiat-Chrysler boss Sergio Marchionne has warned US legislators and governments around the world not to "strong-arm" car makers into electric vehicles "as the only technological solution” to meeting mandated fuel-economy and environmental standards. Show More Summary
Despite overwhelmingly positive press for the Fiat 500e, the electric Fiat is known to be a bete-noir for Fiat CEO Sergio Marchionne. Speaking at the SAE Congress last week, Marchionne claimed that Fiat loses $10,000 on each 500e, describing it as “masochism”. Marchionne has repeatedly stated that Fiat is only building the car to comply [...]
Fiat may now be producing electric vehicles, but CEO Sergio Marchionne apparently doesn't think they represent the future for the automaker just yet -- or, at least, the only future. Speaking at the Society of Automotive Engineers World...Show More Summary
Sergio Marchionne, CEO of Chrysler, announced earlier this week that for every Fiat 500e the company sells, it will lose $10,000. This number was announced during a speech given at the Society of Automotive Engineers World Congress in Detroit. The point: Marchionne was illustrating to the audience that electric vehicles won’t be enough for automakers [...]
Maserati has partnered with Italian fashion house Ermenegildo Zegna to develop a special edition Quattroporte sedan and a line of bespoke customisation options for future customers. Fiat Chrysler Group CEO Sergio Marchionne and Ermenegildo...Show More Summary
Something interesting happened on the way to make the 2014 Fiat 500e a real car. As the idea for the car was bandied about in public for many years, Fiat-Chrysler CEO Sergio Marchionne complained bitterly, saying the only reason the car was coming to market was because mean ol' California was forcing Fiat to do so. Show More Summary
Automotive News Europe reports Alfa Romeo has a plan to triple its global sales by 2016, meaning the automaker will need to increase its sales to around 300,000 units in less than three years. Fiat CEO Sergio Marchionne has set the ambitious...Show More Summary
Fiat and Chrysler CEO Sergio Marchionne has bullishly pushed for Fiat to take over the remaining stake it doesn’t yet have in the Chrysler Corporation. Now he says Fiat has the money to do so. At a shareholders meeting in Turin for Fiat, Marchionne said that there was no need to issue additional shares of [...]
By Matthew Rocco, FoxNews.com Fiat chief executive Sergio Marchionne said on Tuesday the Italian automaker will not require a capital increase if it decides to buy the 41.5% stake in Chrysler it does not already own. Marchionne, who made the comments at a shareholder meeting, also suggested Fiat’s legal battle with VEBA, a United Auto [...]
Posted on 04.10.2013 08:00 by Kirby Garlitos The one-off Dodge Challenger SRT8 belonging to Chrysler CEO Serio Marchionne and called "Pitch Black" has officially hit the auction block, fetching $175,000 during the Barrett-Jackson auction in Palm Beach, Florida over the weekend. Show More Summary
A 2011 Dodge Challenger SRT8 392 once owned by Sergio Marchionne, the CEO of Fiat and Chrysler, has sold at auction for $175,000. All proceeds from the sale, which took place over the weekend at a Barrett-Jackson auction in Palm Beach, Florida, will be donated to the United Way for Southeastern Michigan community group. The car was bought by an...
TURIN, Italy (Reuters) - Italian automaker Fiat will update its 2013 forecasts when it releases first quarter results on April 29, Chief Executive Sergio Marchionne said on Tuesday.
MILAN (Reuters) - Fiat's CEO Sergio Marchionne is being investigated in Italy over allegations of violation of labor rights in a long-running dispute at a factory near Naples, the automaker said on Friday.