Posted on April 4th, 2012 • by Bill Cawthon
“The year 2011 has changed Fiat forever, with the spinoff of the truck and the purchase of the majority of Chrysler,” said Fiat chairman John Elkann as he opened a stockholders meeting to approve the 2011 financials and okay the conversion of Fiat preference shares into ordinary shares, a change that will smooth the way [...]
Posted on March 26th, 2012 • by Bill Cawthon
If you missed Steve Kroft’s conversation with Chrysler CEO Sergio Marchionne on 60 Minutes last night, you can still catch it (it’s the first segment and well worth watching). Click here to watch the full program. Read comments / add your own on the Allpar Forums
Posted on March 23rd, 2012 • by Bill Cawthon
In a rare television interview, Chrysler CEO Sergio Marchionne talks to CBS’ Steve Kroft about turning a foundering company into a profitable contender that is now supporting its rescuer’s bottom line. Marchionne talks about his 2009 arrival at Chrysler, then the shell of a car company that everyone had written off. “I remember, when I [...]
Posted on March 8th, 2012 • by Bill Cawthon
Even while Fiat explores alliances with Mazda or Suzuki, Italian business newspaper Il Sole 24 Oro reports talks are continuing with General Motors about a possible tie-up with Opel that would operate “in the margins” of GM’s new deal with PSA-Peugeot. Confirmation of the discussions came yesterday from Opel CEO Karl-Friedrich Stracke at the Geneva [...]