Sergio Marchionne

Ferrari needs better strategy to attract more investors

The Italian luxury sports car maker, Ferrari will debut on Wall Street soon and it is expected to create a buzz for its IPO. However, investors are concerned with the long-term return from the company as the company is known for its product capped and high research cost.

Read Full Article

Fiat Chrysler and UAW contingent deal aborts strike

When employees are not satisfied with their benefits and how they are being managed, expect that delivery work is unsatisfactory. Worst is they will go on strike if their demands are not granted.

Read Full Article

Chrysler-UAW labor pact solves all the big problems except one

Fiat Chrysler Automobiles and the United Auto Workers union reached a new agreement regarding the company's health care and salary system including the 2-tier pay. The new term was discussed after some 40, 000 of the company's worker threaten to go for a strike that could potentially put the production on halt.

Read Full Article

Fiat Chrysler CEO skips auto show, continues talks with UAW

Sergio Marchionne, Chief Executive of Fiat Chrysler Automobiles (FCA), has decided to drop his participation in the Frankfurt auto show as FCA is leading the labor talks with United Auto Workers (UAW). Marchionne was scheduled to address the media at the auto show on Tuesday.

Read Full Article

Fiat Chrysler CEO says long way from lobbying GM investors

Fiat Chrysler Automobiles (FCHA.MI) (FCAU.N) is a long way from making any offer to the shareholders of U.S. rival General Motors (GM.N) over a possible tie-up, FCA Chief Executive Sergio Marchionne said on Wednesday.

Read Full Article

Fiat Chrysler CEO approached GM about a merger, was rebuffed: NYT

As part of his quest for a mega merger, Fiat Chrysler Automobiles Chief Executive Sergio Marchionne sent an email to General Motors Co Chief Executive Officer Mary Barra in March suggesting combining the automakers but was rebuffed, the New York Times reported on Saturday.

Read Full Article

Racing team success could be winning formula for Ferrari IPO

Ferrari's timely return to the front row of the Formula One grid bodes well for the luxury sportscar maker as it prepares to list shares and split from parent Fiat Chrysler Automobiles. (FCHA.MI) (FCAU.N)

Read Full Article

Fiat Chrysler CEO says met with Tesla, Apple CEOs

Fiat Chrysler Chief Executive Sergio Marchionne said on Saturday that he had visited the heads of Tesla Motors Inc and Apple Inc during a recent trip to California.

Read Full Article

Fiat Chrysler's Marchionne earned 31.3 million euros in 2014

Fiat Chrysler Automobiles (FCAU.N) (FCHA.MI) Chief Executive Sergio Marchionne earned 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.

Read Full Article

Sergio's challenge: Build Jeep into FCA's top global brand by 2018

Auto analysts are skeptical that Sergio Marchionne, the hyperbolic chief executive of Fiat Chrysler Automobiles (FCHA.MI)(FCAU.N), can meet his most ambitious goal: to nearly double Jeep's global sales over the next four years.

Read Full Article

BMW hires Ferrari's former chief engineer to polish tech prowess

BMW (BMWG.DE) has hired Ferrari's former chief engineer as it seeks to strengthen its technical prowess amid intensifying competition with rival German luxury carmakers Audi and Mercedes-Benz.

Read Full Article

Fiat CEO says mandatory convertible bond issue an option after Chrysler merger

Sergio Marchionne, chief executive officer of Italy's Fiat, said that the carmaker could issue a mandatory convertible bond as a way of financing investments after its $4.35 billion deal to buy the rest of Chrysler.

Read Full Article

Fiat agrees to purchase VEBA stake in Chrysler Group for $4.35B

Italian automaker Fiat SpA has agreed to buy the remaining stake of Chrysler Group held by the United Auto Workers retiree healthcare trust, paving the way for both carmakers to finally merge.

Read Full Article

Italian car maker Fiat restarts talks to acquire Chrysler stake -sources

Turin, Italy-based car maker Fiat SpA restarted negotiations to purchase the remaining shares of US-based auto manufacturer Chrysler Group LLC, according to sources familiar with the matter.

Read Full Article

Chrysler makes changes to IPO registration statement

Chrysler amended some of the statements it made for its initial public offering filing.

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics