Sergio Marchionne

FCA has no plans to list other brands after Ferrari

April 16, 2015 13:44 CET

Fiat Chrysler Automobiles has no plans to list any other brand from its portfolio besides luxury unit Ferrari, FCA CEO Sergio Marchionne told a shareholder meeting....
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Fiat goes Dutch with first annual investor meeting in Amsterdam

6:38 am U.S. ET | April 16, 2015

After a century of meeting in Italy, Fiat shareholders convened today in Amsterdam, swapping the company's Lingotto factory with its rooftop racetrack for a luxury hotel in the Dutch city's red light district. Only 10 investors attended the session....
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DAVE GUILFORD

BLOG: Why we won't 'put' credence in GM-FCA merger talk

10:26 am U.S. ET | April 15, 2015

General Motors is unlikely to entertain a merger with Fiat Chrysler after the sour end to the GM-Fiat Alliance in 2005. That's when Sergio Marchionne forced GM to pay $2 billion to avoid buying Fiat Auto....
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FCA sale of Ferrari stake unlikely to exceed 10% after all

8:31 am U.S. ET | April 15, 2015

Fiat Chrysler does not expect to sell more than 10 percent of Ferrari in a planned initial public offering, CEO Sergio Marchionne said today, in a change of heart from a month ago....
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Marchionne will show data supporting industry need for consolidation

11:51 am U.S. ET | April 15, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne says he will produce data to back up his ongoing calls for consolidation in the auto industry....
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NEWS ANALYSIS

Marchionne wants to complete mega deal before stepping down, report says

11:32 am U.S. ET | April 13, 2015

Fiat Chrysler CEO Sergio Marchionne is hoping for a big deal, possibly in the United States, to plug the carmaker's weaknesses and cement his legacy before stepping down in early 2019, sources familiar with the situation told Reuters....
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Fiat Chrysler's Elkann sees more consolidation in auto industry

2:13 pm U.S. ET | April 13, 2015

Fiat Chrysler Automobiles Chairman John Elkann sees the need for more combinations in the auto industry and expects consolidation to continue. Elkann said industry mergers should take into account the importance of identity and culture, "avoiding the all too typical divisive trappings of a takeover."...
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Fiat Chrysler plans $3 billion bond offering to refinance debt

5:08 am U.S. ET | April 9, 2015

Fiat Chrysler plans to issue $3 billion in bonds that may be used to refinance debt at the former Chrysler Group, Bloomberg reported. The offering would be the company's second debt deal since Fiat's merger with Chrysler....
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Fiat Chrysler plans $3 billion bond offering to refinance debt, report says

April 9, 2015 11:08 CET

Fiat Chrysler plans to issue $3 billion in bonds that may be used to refinance debt at the former Chrysler Group, Bloomberg reported. The offering would be the company's second debt deal since Fiat's merger with Chrysler....
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LUCA CIFERRI

BLOG: How PSA's Tavares keeps his desk clean

12:01 am U.S. ET | April 6, 2015

PSA's Carlos Tavares has topped past and present CEOs Lee Iacocca, Jacques Nasser and Sergio Marchionne in an interesting category: He has the cleanest desk of any automaker CEO I have ever met....
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LARRY P. VELLEQUETTE

Dealer profits riding on Wrangler decision

12:01 am U.S. ET | March 23, 2015

FCA's ultimate decision on Wrangler is likely to have an outsized impact on every dealership in the nation that sells Jeeps....
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Sergio's payday? Huge any way you count it

12:01 am U.S. ET | March 16, 2015

How much did Sergio Marchionne earn last year? News reports ranged from $8 million to $72 million for the Fiat Chrysler Automobiles CEO. So what was the actual sum? Reporter Larry P. Vellequette dove into FCA's Securities and Exchange Commission filing and came up with $55.5 million in cash, bonuses and benefits....
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LARRY P. VELLEQUETTE

BLOG: Why it's hard to tally Sergio's pay

10:27 am U.S. ET | March 10, 2015

Fiat Chrysler CEO Sergio Marchionne's compensation package is wildly confusing given the structure and how it is reported. There's the conversion of euros to dollars to consider, the value of stock options and other variables. So what's the real number?...
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Sergio speaks -- about Toledo, Ferrari and self-driving cars

12:01 am U.S. ET | March 9, 2015

In a wide-ranging discussion at the Geneva auto show, Fiat Chrysler Automobiles CEO Sergio Marchionne confirmed that the automaker is mulling a proposal from Toledo, Ohio, to keep Jeep Wrangler production there, said Ferrari would be spun off by year's end, and said prospects for fully autonomous driving are overstated....
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Fiat will export new compacts to EU from Turkey

March 6, 2015 06:01 CET

Fiat Chrysler will begin sales of a Turkey-built hatchback and station wagon in Europe's key compact segment next year, CEO Sergio Marchionne said. The new models will plug a big hole in Fiat's European product lineup. The compact car segment, led by the VW Golf, is Europe's second biggest by sales after subcompacts....
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Marchionne's pay package valued at $34 million for 2014, including special bonus

12:38 pm U.S. ET | March 6, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne earned a pay package currently valued at 31.3 million euros ($34 million) last year, including a bonus for cementing a deal that created the world's seventh-largest carmaker, a regulatory filing showed....
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Fiat Chrysler's Polish plant will build restyled Fiat 500, Lancia Ypsilon, reports say

March 5, 2015 11:09 CET

Fiat Chrysler will start producing restyled versions of its Fiat 500 and Lancia Ypsilon models this year at its Tychy plant in Poland, reports said. The plant already builds the current versions of the two models alongside Ford's Ka minicar....
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2015 GENEVA AUTO SHOW

Fiat's Mazda-based roadster will be called the 124 Spider

March 4, 2015 14:24 CET

Fiat Chrysler CEO Sergio Marchionne revealed that Fiat will call its new Mazda-based roadster the 124 Spider, reviving a name from the 1960s. The roadster will be based on the Miata MX-5....
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Fiat brand will never again be a mass-market player in Europe, Marchionne says

March 4, 2015 19:42 CET

The Fiat brand will never again be a mass-market marque in Europe, Fiat Chrysler CEO Sergio Marchionne said. The change reflects Fiat's increasing strategic emphasis on profit and brand discipline....
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Fiat Chrysler may sell more than 10% of Ferrari in New York IPO

4:57 pm U.S. ET | March 3, 2015

Fiat Chrysler Automobiles may sell a stake exceeding 10 percent when its Ferrari division holds an initial public offering this year, as more investors than expected seek a share of the supercar manufacturer....
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Apple seen emerging as serious competitor by auto executives

9:09 am U.S. ET | March 3, 2015

Auto executives are taking seriously the prospect that Apple and Google will emerge as competitors even as they consider partnering with the two....
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Marchionne says he has merger candidate in mind, but it's not VW

6:22 am U.S. ET | March 3, 2015

Volkswagen is not the ideal candidate for a tie-up with Fiat Chrysler, the CEO Sergio Marchionne said today, adding he was exploring various merger and acquisition options....
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Marchionne raises FCA stake as Ferrari spinoff nears

Feb. 27, 2015 13:53 CET

Fiat Chrysler Automobiles CEO Sergio Marchionne has increased his voting stake in FCA to nearly 1 percent after raising his shareholding in the company by 2.3 million common shares to 14.4 million as the automaker readies to spin off Ferrari....
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Family owners of Ferrari say they will not sell stake

10:36 am U.S. ET | Feb. 18, 2015

Piero Ferrari, son of the eponymous luxury sports car company's founder Enzo Ferrari, said today he had no intention to sell the 10 percent stake his family owns in the company....
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WRANGLING SERGIO

Toledo hurries incentives to keep Jeep's iconic SUV

12:01 am U.S. ET | Feb. 16, 2015

Fiat Chrysler Automobiles is studying a proposal from Toledo officials to roughly double the size of its cobbled-together Jeep Wrangler line here to about 3 million square feet. The proposal would, in theory, raise the annual Wrangler production capacity to an estimated 350,000....
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