marchionne

CBS' 60 Minutes sat down with Chrysler CEO Sergio Marchionne last night to discuss the automaker's resurrection and the touch-and-go period in 2009 when the Fiat executive began talks with the federal government over a controlled Chrysler bankruptcy. Marchionne said that when he arrived at ...

Remember when we told you that Sergio Marchionne didn't receive a paycheck from Chrysler during 2011? As it turns out, it's because he was busy raking in the big bucks from Fiat. Automotive News reports that Marchionne earned 14.5 million euros ($19 million U.S.) in 2011. The pay includes seven ...

Chrysler has filed its annual financial report with the Security and Exchange Commission, and a few important tidbits have thus been revealed. For instance, company CEO Sergio Marchionne was paid exactly zero dollars last year in compensation for the role he played in rescuing Chrysler from the ...

When Fiat pronounced that it was planning to sell 50,000 Fiat 500 models in 2011, we were more than a little skeptical. And now that 2011 is in the rear view mirror, it seems CEO Sergio Marchionne is ready to admit that the sales target was not very realistic. CNN Money reports that the ...

Chrysler CEO Sergio Marchionne has big plans for the Ram Dakota. Inside Line spoke with Marchionne at the 2012 Detroit Auto Show, and the besweatered executive said there is a good chance the next-generation Dakota will likely ride on a unibody chassis. That would mark a serious departure from ...

The 2012 Fiat 500 seems to be having trouble gaining sales momentum. Automotive News reports that the Italian hatch is likely to fall well short of its admittedly very ambitious 50,000 unit sales target this year. The model hit the market back in March and has only sold 15,826 units through ...

There will be a new Jeep model to replace the Liberty. It will be built at the Toledo North Assemby Plant, and the plan will include creation of a second shift that will augment the Ohio plant's workforce by 1,100-plus positions. The 2013-model Jeep SUV will be developed with a $1.7 billion ...

Steven Rattner, who headed up the Obama Administration's Auto Task Force during the quick-rinse bankruptcies of Chrysler and General Motors, is more pleased with the success of the auto bailouts than he ever thought he would be. "Overhaul," Rattner's controversial memoir of his time heading up ...

Chrysler CEO Sergio Marchionne has said that he hopes to end the automaker's two-tier wage structure in the company's next round of labor talks with the United Auto Workers. According to Automotive News, Marchionne said that the current system creates two classes of workers and that it isn't viable ...

Expanding an automotive empire is tricky business. You can either pit one brand within the group against another, or you have to differentiate them significantly. Volkswagen has opted for the former, with numerous competitors from different group brands in the same segments, but the Fiat/Chrysler ...