sergio marchionne


REPORT: Marchionne will choose to lead either Chrysler or Fiat within 24 months

Sergio Marchionne appears to be very well regarded within the auto industry and his work making Fiat a viable automaker has been pretty remarkable overall. Now Marchionne is charged with saving the beleaguered and product-starved Chrysler while also keeping momentum back home in Italy. That's a big job that Marchionne won't be able to do for long. The dualing CEO reportedly said in a speech at the Peterson Institute for International Economics in Washington that he will decide which company to run within the next 24 months. It appears ... Read more →

Ruh-Roh: Marchionne reportedly puts Alfa Romeo under review Noah Joseph

Take a look at the Fiat auto group. What division (barring Ferrari and Maserati) would you think holds the highest value for the company? If you thought Alfa Romeo, you're on the same page as yours ...

REPORT: Senator John McCain doesn't believe Chrysler will make it Jonny Lieberman

It looks like everyone is thinking about Chrysler these days. First it was former DaimlerChrysler CEO (and current Daimler CEO) Dieter Zetsche offering advice to Fiat CEO Sergio Marchionne. Now it ...

Daimler CEO Dieter Zetsche dishes out advice for Chrysler Jonny Lieberman

It's said that certain cultures don't handle the concept of irony well. You know, irony – where the intended answer is the opposite of the actual answer. Case in point: Back when cab forward ...

Live Blog: Chrysler CEO Sergio Marchionne presents 5-year business plan John Neff

CEO Sergio Marchionne presents 5-year business plan Chrysler CEO Sergio Marchionne will brief the press today from 11AM EST - 6PM EST at the Chrysler Technology Center in Auburn Hills, MI on his ...

Fiat/Chrysler CEO Sergio Marchionne steps down from UBS bank board 2 months ago on Autoblog

Sergio Marchionne is one of the busiest people in the business. Or any business, for that matter. After comprehensively restructuring his empire – what amounts to nearly the entire Italian automobile industry and then some – he lost his right-hand man to Volkswagen. But that didn't ...

Ciao! Fiat to build Chryslers in Italy? 3 months ago on Autoblog

Fiat is hard at work trying to come up with the best available use of its newly acquired Chrysler arm. Part of that plan may be to sell more Chrysler products in Europe, and Fiat just so happens to have an available factory to build them in. Automotive News is reporting that Fiat CEO Sergio ...

REPORT: Fiat surprised by Chrysler's condition, new business plan coming in November 3 months ago on Autoblog

Bad news travels fast. That old adage was first coined hundreds of years before the Internet, and we'd say the phrase holds more true than ever in the age of Twitter, Facebook and, well, Autoblog. We're but one of many car sites that have mentioned the dearth of new product coming out of Auburn ...

REPORT: Jim Press leaving Chrysler by year's end 3 months ago on Autoblog

According to The Wall Street Journal Jim Press, the Chrysler Group LLC Deputy Chief Executive and sole surviving member of pre-bailout/bankruptcy Chrysler will be resigning his post by the end of November. The WSJ quotes three anonymous people close to the plan. When reached for comment, Press only ...

REPORT: Marchionne thinks Chrysler could go public in 30 months 4 months ago on Autoblog

Analysts have been wondering when Chrysler would go public, and new CEO Sergio Marchionne has an answer: not soon. Some have speculated that Chrysler shares would be available on the stock exchange by the end of 2010, but Automotive News is reporting that Marchionne is giving a timetable of "not ...

Chrysler fills out board of directors 5 months ago on Autoblog

The new Chrysler Group, LLC is out of bankruptcy, in bed with the Italians and the U.S. Government, and now it has a complete board of directors. Chrysler is forging ahead with a fresh group of board members, including former governors, Fiat royalty, and some people you've probably never heard of. ...

REPORT: Dodges to be rebranded as Alfa Romeos in Europe 5 months ago on Autoblog

With the ink still wet on the Fiat/Chrysler deal, many auto sites (including Autoblog) have had a bit of fun prognosticating which Fiat/Alfa models would be rebadged as Chrysler products. U.K. site Autocar is reporting that Fiat is exploring bringing in Dodge models to Europe to be rebadged at Alfa ...

REPORT: Chrysler christens Brandon Faurote as new chief designer 5 months ago on Autoblog

When Sergio Marchionne revamped Fiat, he installed new designers at each company division and charged them with creating products that would define each brand and move metal. Marchionne has apparently done the same with Chrysler, putting Brandon Faurote in charge of Chrysler, Joseph Dehner in ...

Marchionne confirms Fiat still interested in Opel 5 months ago on Autoblog

Fiat CEO Sergio Marchionne, watching the travails of GM, Opel and Magna from his comfy Italian perch, has sent word that his previous offer for Opel is still on the table if anyone is interested. That offer, though, can't be sweetened because he doesn't "believe we could improve Fiat's offer. It's ...

REPORT: Alfa Romeo to lead American charge, Fiat 500 to go it alone 5 months ago on Autoblog

Alfa Romeo has been toying with the idea of returning to America for years, but now that Fiat CEO Sergio Marchionne is working from Auburn Hills, the time seems more ripe than ever as details emerge on Fiat/Chrysler's strategy vis-a-vis the North American market. While Marchionne implements ...

Officially Official: Chrysler exiting bankruptcy, Fiat steps in and makes changes immediately 6 months ago on Autoblog

Fiat now owns a big chunk of Chrysler. Officially. Soon after the Supreme Court gave it the go-ahead, the sale of Chrysler to Fiat was complete. Altogether, the deal took just 42 days. With a couple of signatures and a wire transfer Wednesday morning, the sale was official. Fiat gets most of ...

Rumormill: Suzuki to join Marchionne's Fiat/Chrysler/Opel super-group 7 months ago on Autoblog

With Fiat preparing to join forces with Chrysler, Opel, Saab and General Motors Latin America, the Italian auto group is expanding its home base to the United States, Germany, Sweden and South America. So what's it missing? Japan. The latest rumors out of Automotive News Europe could go a long ...

Marchionne to Germans: If you have a better offer for Opel, take it 7 months ago on Autoblog

Fiat's bid for worldwide domination of the automotive industry has seen a bit of a snag in Germany, where government officials are said to be balking at the Italian automaker's plan to take over GM's struggling Opel brand. Fiat CEO Sergio Marchionne sounds confident that his plan is the best way ...

Auto threesome? Fiat CEO confirms pursuing partnership with Opel 7 months ago on Autoblog

As if Fiat doesn't have enough on its plate while working on an alliance with Chrysler during its bankruptcy proceedings, the Italian automaker's CEO has finally confirmed that it's pursuing an alliance with General Motors' German arm Opel. In the Fiat-owned newspaper La Stampa, CEO Sergio ...

Fiat CEO Marchionne: "If I was a betting man, I would suggest Chrysler is going to fall into Chapter 11" 7 months ago on Autoblog

After yesterday's Chrysler news regarding the first-lien holders and the U.S. Treasury coming to terms, we hope none of you thought the Pentastar had gotten off the see-saw. The latest tidbit comes from Fiat CEO Sergio Marchionne, but it comes via CAW head Ken Lewenza. According to Lewenza, ...

Clash of the Titans: Fiat reportedly squaring off with European Union over mergers 7 months ago on Autoblog

According to The Detroit News, Guenter Verheugen, the European Union's Industry Commissioner, lashed out at Fiat on Friday in a radio interview, voicing concerns that the Italian automaker is acting irresponsibly to be considering new mergers and acquisitions when the company is already in debt. ...

REPORT: Fiat's Marchionne says Chrysler deal odds are 50-50; warns unions to cut costs 8 months ago on Autoblog

With the clock ticking down on Chrysler's restructuring deadline from the Obama administration, Fiat's CEO, Sergio Marchionne is getting blunt: Cut costs, or else. According to Reuters, unless the United Auto Workers and Canadian Auto Workers agree to cut labor costs within the two weeks leading up ...

REPORT: Fiat's Marchionne could replace Nardelli as Chrysler CEO in management shake-up royale 8 months ago on Autoblog

If you were surprised by the "resignation" of GM chief Rick Wagoner late last month, get used to the idea. Chrysler reportedly has some major management changes in store as well, including a new seven-member executive board including representatives from Fiat and the Obama administration's ...

Fiat CEO tells U.S. Treasury it can help Chrysler repay loans 9 months ago on Autoblog

General Motors and Chrysler have been in meetings with the U.S. Treasury this week to discuss how and when the Detroit automakers can again become viable. Both companies are asking for additional billions to fund their perspective turnarounds, but Chrysler is also defending a proposed partnership ...

Would Ghosn be the best choice to lead GM? 1 year ago on Autoblog

Calls for the replacement of Rick Wagoner at General Motors raise an intriguing question: who would be the best choice to take the reigns of America's largest automaker if Wagoner were ousted? Some would point directly to GM COO Fritz Henderson, but we're not so sure that Washington would go along ...

Fiat confirms buyback of Ferrari shares 3 years ago on Autoblog

Fiat CEO Sergio Marchionne has confirmed that Fiat intends to exercise its option to repurchase most of the Ferrari stake it sold in 2002 to a consortium of banks led by Mediobanca. Fiat originally sold 34 percent of Ferrari to the consortium, which in turn sold a 5 percent stake in 2005 to an ...

Fiat 500 to be built in Poland 3 years ago on Autoblog

Fiat's new 500 will speak with a Polish accent. The automaker announced Thursday that production of the supermini will begin in July of next year at the company's Tychy facility. This, from Fiat Chief Executive Officer Sergio Marchionne, who confirmed the car's production plans while visiting a ...

Alfa Romeo returning to the U.S.! 3 years ago on Autoblog

After an absence of more than a decade, Fiat's Alfa Romeo brand is returning to the U.S. market. In a conference call May 3rd, Fiat CEO Sergio Marchionne confirmed that he has plans in place to begin distributing Alfa Romeo models in the U.S. through  Maserati's dealer network, possibly as ...






Autoblog Podcast #157: Mike Levine trucks along with us.

Mike Levine from PickupTrucks.com joins Chris, Sam, and Dan this week and gets a chance to talk about cars, too! 

 
 

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