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Tag Archive for 'Sergio Marchionne'

Dealers to get big payoffs for customer service

Chrysler dealers who live up to all corporate goals for customer service can get up to $200,000 per quarter, according to Bradford Wernie of Automotive News. The new plan is a departure from the existing Five Star in providing direct financial rewards, and, equally or more importantly, by being monitored through an outside auditor rather [...]

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Marchionne had big payday in 2009

Fiat and Chrysler CEO Sergio Marchionne received a bonus of about $1,835,000 last year from Fiat SpA, boosting his total compensation to almost $6,525,000 a hefty boost over the $4,622,000 he was paid in 2008. Marchionne’s base salary is roughly equivalent to $4,146,000. European “cash-for-clunkers” incentives drove car sales to high enough levels for the [...]

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Chrysler to buy Sterling Heights plant

The current Chrysler Group LLC has reached an agreement with the “Old Carco” to buy the Sterling Heights assembly plant, where the Dodge Avenger and Chrysler Sebring are made. The selling price is $20 million, at the high end of estimates of the plant’s worth, with the sellers likely taking advantage of Chrysler’s need for [...]

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An iDodge in your future?

Ralph Gilles, CEO for the Dodge brand and Chrysler Groups’s chief stylist, wants the automaker to revitalize its creativity by taking a few pages from the Apple Computer playbook.
Gilles, who was filling in for Chrysler CEO Sergio Marchionne at the Economic Club of Chicago’s annual auto show luncheon, identified Steve Jobs, iconic Apple CEO, as [...]

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Chrysler to spend $500M to start Fiat 500 production at Toluca plant

The plant that has been cranking out PT Cruisers for the past decade will soon be producing another iconic automobile.
Chrysler CEO Sergio Marchionne announced the company will spend $500 million to retool the plant for production of the Fiat 500 beginning in late December of this year.
Unlike other most other vehicles that will spring from [...]

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Audio: Sergio Marchionne press conference

An anonymous source sent us this audio recording of one of Sergio Marchionne’s press conferences today. Several Canadian newspapers appear to be represented in this group.
Listen to or download the clip (AAC / M4A format)
Your thoughts? Did you find anything we missed?
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