marchionne

Automotive News reports Fiat-Chrysler CEO Sergio Marchionne has issued a written apology for his comments regarding his decision to stick with an Italian engine for the upcoming Alfa Romeo 4C. As you may recall, back in January, Marchionne was quoted as saying, "I cannot come up with a schlock ...

Fiat boss Sergio Marchionne says there's a real possibility that its majority-owned Chrysler Group may eventually return to the ranks of publicly traded companies. According to Bloomberg, the Fiat and Chrysler CEO gives that a "50 percent chance" of happening, but he doesn't appear to favor that ...

Chrysler is moving to start a charity in honor of CEO Sergio Marchionne. The company's board of directors has voted to create a foundation to grant educational awards. Ronald Thompson, Chrysler's lead director, said the charity is a fitting tribute to Marchionne and all he has accomplished since ...

Sergio Marchionne, CEO of both Chrysler and Fiat, has stated that the planned unification of both companies will have to wait a little longer as the Italian automaker grapples with the European financial crisis. Marchionne has previously stated that the goal was to achieve unification as early as ...

Chrysler reports that its vehicle sales jumped by 12 percent in the third quarter over the same period in 2011. That step up was enough to bump profits by 80 percent to $381 million on $15.5 billion of net revenue. Moving forward, the automaker expects to see fourth-quarter profit of $210 ...

Despite the fact that Fiat has a controlling stake in Chrysler, the Italian automaker cannot take advantage of the Pentastar's recent success to ease its pain in Europe. Chrysler is on a roll right now, with an improving product portfolio, most recently highlighted by the Dodge Dart small car. ...

Chrysler has gotten on pretty well in the post-bankruptcy world, with a big assist from its newest master. But while Chrysler has seen dramatic improvement thanks to refreshes and a few new models, the next couple years could be very exciting. Automobile Magazine recently got the chance to talk ...

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 ...