Sergio Marchionne confirms that the 124 Spider is the name for Fiat's forthcoming roadster. The Italian sports car almost certainly shares a platform for the latest Mazda MX-5 Miata and reportedly debuts some time in 2016.
Audi wants to use the names Q2 and Q4 for coming crossover products, but Fiat owns those trademarks and appears unlikely to sell them. It's said that Fiat CEO Sergio Marchionne is loathe to do anything that would aid any company under VW Group CEO Ferdinand Piëch.
Following the significant outcry surrounding the General Motors and Takata airbag safety crises this year, the National Highway Traffic Safety Administration seems to be taking a much more aggressive role in pushing owners to repair their recalled vehicles. In the agency's latest move, it's urging Jeep drivers to get their models fixed. Acting NHTSA administrator David Friedman even sent a letter to Fiat Chrysler Automobiles CEO Sergio Marchionne pressing him to get more of the SUVs fixed.
Fiat Chrysler Automobiles is trying to get capital together in a hurry to finance the automaker's growth plans. Among its strategies to raise money, Ferrari will be spun off from the FCA mothership next year with an initial public offering. However, the Italian supercar maker will be a couple billion dollars poorer at the start of its new life.
The recently merged Fiat Chrysler Automobiles empire has ambitious plans for growth, and it's going to need some big bucks in its coffers in order to enact them. Part of that cash injection is coming from the floating of its IPO on the New York Stock Exchange, but now FCA has announced a further capital campaign to be based on the enormous asset that is Ferrari.
The end is in sight for Fiat Chrysler boss Sergio Marchionne, who confirmed in an interview with Bloomberg that once FCA's sweeping five-year plan is completed, he'd be stepping down from his post to "undoubtedly" do something else that didn't involve turning around global corporations. That would mean he should finish up after 2018 if all goes according to plan.
Let's make this very plain – the city of Toledo, OH loves its Jeeps. It loves them so fervently that the very rumor of the Jeep Wrangler moving out of its traditional home prompted the city's mayor, D. Michael Collins, and Ohio Gov. John Kasich to hold a weekend conference call with Chrysler CEO Sergio Marchionne.
Among the multitude of models that Fiat Chrysler Automobiles announced as part of its five-year production plan in May was a plug-in hybrid version of the Town & Country minivan for sometime in 2016. However, according to the latest pronouncement from company CEO Sergio Marchionne, that timetable may have been moved forward quite a bit.
The head of any company has to juggle the relationship between supply and demand. Of course, that applies to automakers too, even ones as high-end as Ferrari. And as with many other decisions, the way Ferrari has addressed supply and demand has come down principally to the principal.
Which One Of These Men Will Fill Montezemolo's Shoes?
Yesterday Ferrari announced a changing of the scarlet-clad guard with the departure of longtime chairman Luca di Montezemolo. Having run the company since shortly after the passing of Enzo Ferrari himself, Montezemolo built the Prancing Horse marque up to the benchmark supercar manufacturer, victorious racing team and household name it is today. In short, Ferrari – and most crucially, its parent company Fiat – will face a most difficult challenge in filling il Advocatto's handmade lo
If the history of an automaker is divided up by the mandate of its leadership, then this is surely the end of an era for Ferrari. After repeatedly locking horns with Fiat Chrysler CEO Sergio Marchionne over a variety of issues, longtime Ferrari chairman Luca di Montezemolo has announced his resignation.
The last time the Chrysler Group was part of another automaker, we saw the death of the Plymouth brand. Now, with Fiat Chrysler Automobiles in place of DaimlerChrysler, we could see more brands shuttered. At least, that's what analysts think FCA CEO Sergio Marchionne should do.
Want proof that the General Motors' recalls will eventually have a positive impact on the auto industry? Here it is. Thanks to the Detroit-based manufacturer's mishandling of the ignition switch recall, other manufacturers are taking a second look at their recall procedures, just to make sure they don't fall victim to the same mistakes.
Fiat Chrysler Automobiles CEO Sergio Marchionne made some interesting comments during a frank and entertaining talk at the Brookings Institution yesterday, saying he hoped that no one bought the Fiat 500e, the well-received EV based on the adorable Italian car.
Fiat Chrysler's decision to locate its new corporate headquarters in jolly old London won't herald a sprawling relocation effort. Instead, it's very likely that the FCA outfit will be a small one, primarily focused on finance.
You won't be seeing Sergio Marchionne in his famous sweaters running day-to-day operations of Fiat Chrysler Automobiles from Michigan. Although, he won't be doing it from Italy, either. The FCA CEO recently announced that the company's corporate headquarters would be located in London.