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marchionne

  1. Mopar / FCA News
    <Note: apparently I don't know how to spell, and don't know how to correct a misspellng in a headline.> A commenter on this site recently said that an article about GM trying to sue FCA over collusion with the UAW made it appear it would be more appropriate for the workers to sue. Apparently...
  2. Mopar / FCA News
    Canada probably represents Chrysler’s best performing single market: Dodge Caravan was Canada’s best-selling vehicle for many years, and more recently Dodge Journey has been Canada’s best-selling CUV. Ram is competitively stronger in Canada than in any other market, including the US. Chrysler...
  3. Mopar / FCA News
    Famed Fiat, Chrysler, and Fiat Chrysler chief executive Sergio Marchionne, who worked his way up to the top of Fiat, turned its heavy losses into profits before masterminding a successful merger with the bankrupt remains of Chrysler Corporation, has died at the age of 66. FCA Chairman John...
  4. Mopar / FCA News
    The death of Dodge a a venerable American brand has been greatly exaggerated, according to a guy who should know: FCA CEO Sergio Marchionne. There were no details, but Marchionne was unequivocal during a question-and-answer session with North and South American media in Detroit that at least...
  5. Mopar / FCA News
    Only a few weeks ago, analysts were wondering how Fiat Chrysler could possibly catch up to rest of the industry on electric vehicles, while CEO Sergio Marchionne bemoaned how bad EVs are for the environment, given their cradle-to-grave CO2 emissions. We got a clue this weekend as to why...
  6. Mopar / FCA News
    Production of the Maserati Levante has been suspended for another nine days for reasons not explained by the company, according to the Italian union which builds the SUV. Fiat Chrysler Automobiles has reduced production of the Levante several times over the last two months, along with the Alfa...
  7. Mopar / FCA News
    FCA CEO Sergio Marchionne dropped two bombshells in New York this morning, confirming that Ferrari will build an SUV and denying that Jeep will be sold out from underneath the rest of Fiat Chrysler Automobiles.   A Ferrari sports utility vehicle is no longer a matter of speculation...
  8. Mopar / FCA News
    FCA boss Sergio Marchionne donned his iconoclast cloak again last week when he scoffed at the claimed climate-saving value of EVs and battery-powered transportation in general. The only reason Fiat Chrysler Automobiles is developing money-losing electric vehicles is because it's being forced to...
  9. Mopar / FCA News
    The last major FCA merger rumor circulated way back in May, which might mean that today sets a record for the longest time between FCA merger rumors. With FCA’s finances steadily improving, Alfa Romeo garnering good reviews, the factory shuffle bearing fruit , and new engines on the way ...
  10. Mopar / FCA News
    While Sergio Marchionne had said (in 2015) that he might be willing to stick around at Fiat Chrysler Automobiles until 2020 if needed, the 65-year-old leader has more recently set his retirement goal at 2018 or 2019. Marchionne continually moves between Auburn Hills and Turin, and works...
  11. Mopar / FCA News
    Opinion. The GM Authority has primed the rumor mill by speculating on how General Motors and Fiat Chrysler Automobiles might merge, based GM's exit as a major player in Europe and Sergio Marchionne’s quick “Yes” when asked whether he would consider spinning off Jeep or Ram at the New York Auto...
  12. Mopar / FCA News
    On Tuesday, at the Geneva Auto Show, FCA CEO Sergio Marchionne noted that Volkswagen Group might be knocking at his door, looking to merge in the face of a more competitive PSA (Peugeot/Opel). This morning, VW CEO Matthias Mueller said there is no interest in talks with Fiat Chrysler...
  13. Mopar / FCA News
    Fiat Chrysler Automobiles CEO Sergio Marchionne saw his 2016 compensation drop by nearly 84%, to under under $12 million. According to the Detroit Free Press , that's about one-sixth of the  $73 million he pocketed in 2015. The big drop was due to the fact that none of the FCA shares he...
  14. Mopar / FCA News
    Normally, when a celebrity is interviewed, a reporter filters what they say, summarizes it, paraphrases it, and, all too often, mixes in their own opinions so it’s hard to see what they really said. With that in mind, Allpar has gotten a transcript of Sergio Marchionne’s second interview...
  15. Mopar / FCA News
    Sergio Marchionne emphatically declared that FCA was not pursuing a merger or takeover partner today. “We are pursuing nobody,” declared the Fiat Chrysler chief executive. “I was rebuffed, and I’m going back to my green tea...we’re looking at nothing. Closing of the 2018 plan is sacred... not...
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