Posted on October 28th, 2011 • by Bill Cawthon
Richard Hilgert, equity analyst with Morningstar, asked Sergio Marchionne about the progress, in terms of early innings or late innnings, of the integration of Chrysler and Fiat. Marchionne replied, “It’s almost impossible for me to give you a percentage of the extent to which the integration between these two houses is progressing because a lot [...]
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Posted on September 12th, 2011 • by Bill Cawthon
After less than two years, Suzuki wants a divorce. Following an unscheduled board meeting Sunday, the Japanese automaker announced it will ask Volkswagen to sell its shares of Suzuki, saying the relationship threatens its independence and hasn’t produced a single joint project. “The relationship is like a marriage and a divorce,” said Chairman Osamu Suzuki. [...]
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Posted on June 23rd, 2011 • by Bill Cawthon
Bloomberg’s Olivia Sterns reports on the revival of Fiat SpA under Chief Executive Officer Sergio Marchionne and the outlook for the alliance with Chrysler. Bloomberg video © 2011 Bloomberg LP Read comments / add your own on the Allpar Forums
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Posted on May 27th, 2011 • by Bill Cawthon
Reuters is quoting Il Corriere della Sera as saying Suzuki representatives met with Fiat-Chrysler management at the introduction of the new Lancia Ypsilon earlier this week. Reuters noted that no sources were cited in the Italian newspaper article and no mention was made of the subject of the meeting. If the rumor is true, it [...]
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Posted on April 13th, 2011 • by Bill Cawthon
A new Dodge Avenger rally car was unveiled today at Chrysler Group LLC’s Mopar Complex in Center Line, Mich., heralding the first collaboration in the brand’s newly announced relationship with Magneti Marelli. The public will get their first glimpse of the vehicle up close at the New York International Auto Show, April 22–May 1. “Our [...]
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Posted on April 11th, 2011 • by Bill Cawthon
Agence France Presse (AFP) is reporting that Fiat CEO Sergio Marchionne says the Italian automaker will increase its stake in Chrysler to 30 percent level within days. “There are just a few details to be ironed out, which do not depend on us,” Marchionne told reporters journalists at Balocco, near the northern city of Turin, [...]
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