Sergio Marchionne

LUCA CIFERRI

Is Ferrari worth 12 billion euros?

12:01 am U.S. ET | Oct. 31, 2014
Ferrari is worth as much as 12 billion euros on the open market based on Chairman Sergio Marchionne's most optimistic blue-sky estimate. The true value will be a hot topic for months....
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LUCA CIFERRI

Ferrari will go public but remain private

12:01 am U.S. ET | Oct. 30, 2014
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
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Ferrari spinoff's real winners are Agnelli clan

Oct. 30, 2014 14:31 CET
The real winners in Fiat Chrysler's spinoff of supercar unit Ferrari are Chairman John Elkann and the Agnelli industrial clan he represents, who will be the biggest shareholders of both companies....
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Fiat Chrysler profit increases 7% in Q3

Oct. 29, 2014 15:09 CET
Fiat Chrysler reported a slightly lower-than-expected 7 percent rise in third-quarter operating profit on weak margins in North America and a slowdown in Latin America, but stuck to its full-year guidance of a 14 percent rise in profit....
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Fiat Chrysler to spin off 10% of Ferrari, raise cash as debt surges

9:13 am U.S. ET | Oct. 29, 2014
Fiat Chrysler Automobiles plans to spin off the Ferrari super-car brand, underpinning efforts to raise about $4.7 billion as the Italian-American carmaker counters rising debt....
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Maserati beats Ferrari in Q3 profit on Montezemolo exit

Oct. 29, 2014 18:22 CET
Maserati's quarterly profit topped Ferrari's for the first time since it became part of Fiat Group more than 25 years ago. The main reason was that Ferrari took a big financial hit to part ways with Luca Cordero di Montezemolo....
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LUCA CIFERRI

Ferrari will go public but remain private

3:40 pm U.S. ET | Oct. 29, 2014
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will be controlled by a very select group....
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Fiat Chrysler's growth plans clouded by Brazilian outlook

Oct. 29, 2014 11:52 CET
Fiat Chrysler aims to boost sales in Latin America by 44 percent over five years but a recent big drop in volume and weakening outlook in Brazil, the region's biggest economy, threaten to spoil its ambitions....
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Next-generation Wrangler will get an aluminum body

12:01 am U.S. ET | Oct. 27, 2014
It’s looking more and more like the next-generation Jeep Wrangler will have an aluminum body, keep its body-on-frame construction and remain built in Toledo, Ohio. That means Chrysler will likely produce more Wranglers for U.S. dealers and for export....
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Fiat Chrysler's targets seen at risk as N.A. still pressured

2:07 pm U.S. ET | Oct. 24, 2014
Fiat Chrysler Automobiles could find it tough to meet its 2014 profit guidance and may cut forecasts when it reports quarterly results next week as slowly recovering North America profit margins may fail to fully offset weakness in Europe and Latin America....
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Marchionne invests more of his own cash in FCA

Oct. 23, 2014 10:41 CET
Sergio Marchionne, CEO of Fiat Chrysler Automobiles, bought an additional 335,745 ordinary shares in the group, giving him a total of 6.8 million shares in the newly merged carmaker....
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Wrangler will remain body-on-frame, sources say

3:04 pm U.S. ET | Oct. 23, 2014
The next-generation Jeep Wrangler will continue to be a body-on-frame vehicle and won't switch to unibody construction, Automotive News has learned. As a result, the popular off-roader will likely remain built in Toledo, Ohio, where city and union officials have been fighting for weeks to keep the Wrangler in its historical home....
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Fiat's Wall Street trading is flat as Milan dominates

Oct. 22, 2014 11:58 CET
Fiat Chrysler Automobiles has had a flat reception on the New York Stock Exchange after its debut there last week. European trading in Milan is currently about 7 times that of Wall Street, despite FCA shifting its primary listing to the U.S....
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UAW, politicians will fight to keep Wrangler output in Toledo

12:01 am U.S. ET | Oct. 18, 2014
UAW and political leaders plan to gather Monday in a community-wide effort to keep Jeep Wrangler production in its original home of Toledo, Ohio. Fiat Chrysler CEO Sergio Marchionne this month said the next Wrangler may have be built off a unibody platform, changes that could mean the SUV would have to find a production site outside Toledo....
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Fiat Chrysler's Wall Street debut draws muted response

Oct. 14, 2014 09:32 CET
Investors cautiously greeted the Wall Street debut on Monday of Fiat Chrysler Automobiles, a move that shifts the carmaker's center of gravity away from Italy and caps a decade of dealmaking and tough restructuring by CEO Sergio Marchionne....
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Fiat Chrysler rises in New York as challenger to Detroit Two

Oct. 13, 2014 12:51 CET
Fiat Chrysler Automobiles NV's debut on the New York Stock Exchange gives more investors in the United States the chance to tap into the growing global market for cars and trucks, while also taking a chance on a debt-burdened automaker....
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Fiat Chrysler crowns merger with Wall Street debut

1:00 pm U.S. ET | Oct. 12, 2014
Fiat Chrysler Automobiles makes its Wall Street debut to great fanfare on Monday, shifting the carmaker's center of gravity away from Italy and capping a decade of canny dealmaking and tough restructuring by CEO Sergio Marchionne....
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Marchionne rebuilds Fiat-Chrysler at 200 mph to woo Wall Street

4:30 am U.S. ET | Oct. 9, 2014
As CEO Sergio Marchionne prepares to help ring the closing bell at the New York Stock Exchange on Monday to mark the debut of Fiat Chrysler shares, he is racing to create a lineup of cars that will lure buyers into showrooms worldwide. The transatlantic marriage of two struggling regional automakers will be the capstone of his career. So how quickly Marchionne gets the new company on its feet during these last laps may well determine his legacy....
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Fiat Chrysler could sell $830 million in shares after U.S. listing, report says

7:33 am U.S. ET | Oct. 9, 2014
Fiat Chrysler Automobiles could sell up to $830 million worth of shares to boost its finances and increase trading in the stock after it begins trading on Wall Street next week, Reuters reported. CEO Sergio Marchionne has said he could "get the machine rolling" by selling to U.S. investors the shares Fiat owns in itself, or so-called treasury stock....
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Marchionne foresees merger creating a new No. 1 automaker

7:07 am U.S. ET | Oct. 8, 2014
Fiat Chrysler Automobiles CEO Sergio Marchionne sees potential to form a new No. 1 automaker as companies grapple with low returns on the growing amount of money needed to develop a new car....
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DAVE GUILFORD

Sergio has been the glue that kept Fiat Chrysler intact

3:16 pm U.S. ET | Oct. 8, 2014
Sergio Marchionne's declaration that he will leave his job as head of Fiat Chrysler Automobiles at the end of 2018 sent my memory back nearly a decade to an ornate love fest in Las Vegas....
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Marchionne foresees mergers creating new top carmaker

Oct. 8, 2014 12:02 CET
Fiat Chrysler CEO Sergio Marchionne sees potential to form a new No. 1 in the auto industry as carmakers grapple with low returns on the increasing amount of money needed to develop new cars....
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Marchionne says he's 'done' after 2018 Fiat Chrysler plan

Oct. 8, 2014 10:04 CET
Sergio Marchionne, Fiat's CEO and the architect of its merger with Chrysler, plans to step down after completing a five-year strategic plan to expand the combined carmakers. He says his role may be split among more than one executive....
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Wrangler shock wave hits Toledo

12:01 am U.S. ET | Oct. 6, 2014
Sergio Marchionne, CEO of Fiat Chrysler Automobiles, dropped a bomb at the Paris auto show last week, and it landed 4,000 miles west on Toledo, Ohio....
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Betting on Russia, despite turmoil

12:01 am U.S. ET | Oct. 6, 2014
It sounds risky, but many auto executives say that the best response to Western sanctions against Russia is to continue investing there....
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Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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