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sergio marchionne

  1. Mopar / FCA News
    While most attention was focused on the new Ram pickups, Fiat Chrysler CEO Sergio Marchionne said the company could hit a major milestone by mid-2018. After years of being heavily debt-laden, Fiat Chrysler Automobiles could be net cash positive by June, Marchionne told reporters at the North...
  2. 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...
  3. Mopar / FCA News
    The auto industry's tidal flow toward electric vehicles is gaining speed, with most of the world's leading automakers and parts houses having announced sweeping new investment and product plans. But there is one name notable by its absence among the companies unveiling their electrification...
  4. Mopar / FCA News
    Basking in healthy third-quarter financial results Tuesday, Fiat Chrysler CEO Sergio Marchionne announced that Maserati will add a second, smaller SUV by 2020. With the bulk of FCA's (ticker: FCAU) profitability based on SUVs and trucks, Maserati needs another SUV in its lineup to compete more...
  5. Mopar / FCA News
    Sergio Marchionne told stockholders that Fiat Chrysler will focus on its long term plans and not search for a merger, according to  Reuters correspondent Stefano Rebaudo. Mr. Marchionne was addressing Friday's stockholder meeting in the Netherlands. Marchionne’s quest for a partner/buyer...
  6. Mopar / FCA News
    Automotive News has reported that FCA CEO Sergio Marchionne has put a merger with Volkswagen AG on the back burner, if he hasn't taken it off the stove completely. On Wednesday, Marchionne said he has “no interest” in talking to Matthias Mueller, his counterpart at Volkswagen, about a merger or...
  7. Mopar / FCA News
    During a press conference at the Detroit Auto Show, FCA CEO Sergio Marchionne said that “a new Viper may surface.” He went on to explain that is was unclear whether or not the arrival of this next generation Viper would be timed to meet the end of the current Viper, but this is still good news...
  8. Mopar / FCA News
    In Sergio Marchionne’s own words: There have been times in the last 12 years that I’ve been running this business when one could claim it was sort of the right time to hand it over. In 2004, for those of you who have short memories, we were losing five million dollars a day at Fiat before...
  9. Mopar / FCA News
    The Dodge Journey was originally based on the Chrysler Sebring/Dodge Avenger sedans. By now, it was to have been replaced, but it has soldiered on, at least partly, one suspects, because of changes in the nature of the Dodge focus. Chrysler CEO Sergio Marchionne told reporters, “I think the...
  10. Mopar / FCA News
    For decades, the auto industry has standardized on 12-volt electrical systems. That level of voltage is low enough to usually not be lethal, and to be easy to contain; and still to be much more efficient than the old six-volt standard. However, even years ago, some suppliers and car companies...
  11. Mopar / FCA News
    Today, Sergio Marchionne, speaking to a group of journalists, talked about autonomous driving and connectivity from the perspective of having lived through the Internet boom. He said that people, including analysts, were discussing the technologies, and valuing companies based on them, as...
  12. Mopar / FCA News
    With the cheer of the holiday season, one can't help but be optimistic for the new year ahead. However, it might be wise to temper expectations of what could be coming from Fiat Chrysler, not only for 2016, but perhaps for 2017 as well. The 2014 product roadmap has become so flexible that it...
  13. Mopar / FCA News
    In what could set a pattern for Fiat and Chrysler, Fiat Industrial S.p.A. today sent a proposal to CNH Global to merge the two companies. While a merger would have to be blessed by the board of directors and the shareholders of each company, a Fiat Industrial statement says the "company intends...
  14. Mopar / FCA News
    "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...
  15. Mopar / FCA News
    Chrysler CEO Sergio Marchionne has bought a 9,000 square-foot custom-built home in northern Oakland County. Marchionne paid $3.9 million for the house and its two-acre lot, getting a very nice discount from the original asking price of $5.5 million. Marchionne's new home came fully furnished...
  16. Mopar / FCA News
    Chrysler CEO Sergio Marchionne joined WJR-AM radio's Paul W. Smith this morning to discuss the two-minute spot that aired during the halftime of Super Bowl XLVI last night. What follows is a transcript of that show: Paul W. Smith: Well, “You Can Drive My Car” the Beatles always starting our 7...
  17. Mopar / FCA News
    It's no surprise the media wanted to talk to Chrysler/Fiat CEO Sergio Marchioone on the first day of the North American International Auto Show. Marchionne spoke with Bloomberg News, the Wall Street Journal, Il Sole 24 Ore and others. What follows is a precis of his many comments: Chrysler-Fiat...
  18. Mopar / FCA News
    Now it can be told: Sergio Marchionne wears black sweaters and black pants because he doesn't want to waste time deciding what to wear each day. Speaking to reporters in Toronto, Marchionne said, “I prioritize in the morning. I made a decision to start wearing black sweaters and pants a long...
  19. Mopar / FCA News
    Good morning to you all. I’m delighted that you could join us here today for this significant announcement, one that has been a long time coming and will cement even further our bonds with this great community. I would like to begin by thanking a number of people who played a big part in...
  20. Mopar / FCA News
    Columbia Business School’s W. Edwards Deming Center for Quality, Productivity and Competitiveness awarded Sergio Marchionne, Chairman and CEO of Chrysler Group LLC and CEO of Fiat S.p.A., with the Deming Cup at Columbia University’s Low Memorial Library in New York City on Wednesday, November 2...
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