Sergio Marchionne

Fiat Chrysler could win merger partner with Alfa Romeo revival

June 23, 2015 16:10 CET

The Alfa Romeo Giulia will be the lynchpin of the brand's turnaround plan and potentially an opportunity to attract a cash-rich merger partner for Alfa parent Fiat Chrysler Automobiles....
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Constant merger talk is testing faith in Marchionne

12:01 am U.S. ET | June 22, 2015

The constant drumbeat of stories about efforts by Sergio Marchionne to provoke a merger with General Motors is testing the faith of the dealers, workers and executives who once pledged undying fealty to their sweater-clad savior....
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Consolidation is key? How to explain Nissan?

12:01 am U.S. ET | June 22, 2015

If synergies deriving from automotive partnerships are so great - as Fiat Chrysler boss Sergio Marchionne posits - why is Nissan's return on capital so poor? That's the question asked by Deutsche Securities analyst Kurt Sanger....
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Alfa Romeo readies unveiling of key Giulia midsize sedan

June 21, 2015 06:01 CET

Alfa Romeo's new Giulia midsize sedan, which will be unveiled Wednesday, is crucial to the struggling brand's revival. The Giulia will sit on Alfa's new rear-wheel/all-wheel-drive Giorgio platform and offer high-performance engines, including a Maserati-derived V-6....
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Sergio to BMW, Audi: Here comes Alfa

12:01 am U.S. ET | June 21, 2015

Sergio Marchionne's risky, $6 billion plan to turn Alfa Romeo into a premium brand - one that can challenge BMW and Audi and end decades of dismal performance - begins with three new models that will arrive by the end of 2017....
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Alfa's new sport sedan to get Ferrari V-6 power, report says

10:07 am U.S. ET | June 19, 2015

The new Alfa Romeo sport sedan, which is set to be introduced next week in Italy, is expected to feature a Ferrari-derived V-6 engine under the hood, according to a report....
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GM asking advisors for help rekindles FCA merger talk

2:12 pm U.S. ET | June 18, 2015

General Motors seeking advice from investment banks shows it is taking an attempt by Fiat Chrysler Automobiles to force a merger with its larger U.S. rival seriously, analysts and traders said....
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NEWS ANALYSIS

FCA's long-odds GM pursuit hangs on Marchionne's deal record

2:20 pm U.S. ET | June 18, 2015

Moves by Fiat Chrysler Automobiles to force General Motors into a merger might have been laughed out of court by now, had its CEO been anyone other than Sergio Marchionne....
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GM and FCA line up financial advisers in merger standoff, report says

6:30 am U.S. ET | June 18, 2015

General Motors and Fiat Chrysler Automobiles have turned to investment banks for help to deal with a stand-off as FCA seeks to force a merger with its Detroit rival, sources familiar with the matter told Reuters....
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Fiat's new Aegea-based compact will be frugal, brand boss Francois says

June 17, 2015 06:01 CET

Fiat brand chief Olivier Francois says a new compact model based on the Aegea concept will be a “frugal, well-built and practical car.” Fiat will roll out the Aegea starting in November as a replacement for the Bravo hatchback and Linea sedan....
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LARRY P. VELLEQUETTE

BLOG: Marchionne's merger mania: Why now?

5:34 am U.S. ET | June 16, 2015

There have been countless theories offered by analysts and in the press as to why Marchionne is on a quest to merge Fiat Chrysler with another automaker. Whatever the reason, it looks likely to benefit the Agnelli family that employs him....
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Marchionne mulls 'Plan B' partners after GM rejection, report says

9:15 am U.S. ET | June 11, 2015

Fiat Chrysler Automobiles CEO Sergio Marchionne is looking at other automakers as merger candidates as the chances of striking a friendly deal with General Motors dwindle, people familiar with the matter told Bloomberg....
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LARRY P. VELLEQUETTE

BLOG: Lifting the curtain on the Jeep Grand Wagoneer

11:30 am U.S. ET | June 9, 2015

When it returns for the first time since 1991, the Jeep Grand Wagoneer will be a unibody vehicle, and not a body-on-frame, truck-based SUV like the Chevrolet Suburban or Cadillac Escalade....
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GM CEO Barra says Marchionne sent email on possible merger with Fiat Chrysler

June 9, 2015 16:36 CET

General Motors CEO Mary Barra said Fiat Chrysler chief Sergio Marchionne sent her an email proposing a potential merger and that GM's board gave "strong support" to her strategy of going it alone....
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Marchionne asks investors for help persuading GM to merge with Fiat Chrysler, report says

June 9, 2015 09:01 CET

Fiat Chrysler Automobiles CEO Sergio Marchionne is reaching out to hedge funds and activist investors to help persuade General Motors to agree to a merger, the Wall Street Journal reported, citing people familiar with the matter....
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RICHARD TRUETT

BLOG: The steep road ahead for Alfa in the U.S.

8:17 am U.S. ET | June 8, 2015

There is no doubt that Alfa Romeo fans -- the Alfisti -- are passionate in the United States. But there is enough doubt that there are enough of them to bring the brand back to life and meet the automaker's ambitious sales targets after a 20-year absence in the market....
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Another delay for FCA's full-size car redesigns?

12:01 am U.S. ET | June 8, 2015

Suppliers tell Reuters that FCA will delay redesign of Chrysler 300, Dodge Charger and Challenger into 2019....
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Ferrari IPO delayed until after Oct. 12

1:37 pm U.S. ET | June 5, 2015

A planned initial public offering of luxury sports car maker Ferrari will not happen before Oct. 12, its owner Fiat Chrysler Automobiles said, adding the delay was due to tax issues....
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NEWS ANALYSIS

Marchionne fights industry's history of failed mergers

11:32 am U.S. ET | June 5, 2015

As he presses rivals to merge with Fiat Chrysler Automobiles, Sergio Marchionne faces a fact his counterparts at General Motors and Ford know all too well: auto mergers and alliances fail at least as often as they succeed. Among the duds are DaimlerChrysler, GM's ill-fated tie-up with Fiat, and Ford's rollup of Volvo, Jaguar, Land Rover and Aston Martin....
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Fiat Chrysler delays many future vehicle programs

4:58 am U.S. ET | June 2, 2015

Fiat Chrysler has in the past year delayed the redesign or release of at least a dozen current or new vehicles in North America including the Ram 1500 and the Jeep Wrangler, suppliers familiar with the company's plans told Reuters....
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Consolidation not on Ammann's agenda

12:01 am U.S. ET | June 1, 2015

General Motors CEO Mary Barra made it pretty clear the company is not interested in a merger with Fiat Chrysler Automobiles when she declined to meet with FCA CEO Sergio Marchionne to discuss it. Last week, GM President Dan Ammann was in Turin, Fiat's hometown, but he had no plans to sit down with Marchionne or FCA Chairman John Elkann....
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Fiat Chrysler Chairman Elkann confirms Marchionne sent merger email to GM

May 29, 2015 14:45 CET

Fiat Chrysler Chairman John Elkann confirmed that CEO Sergio Marchionne sent an email to GM about a possible tie-up. Elkann said discussions had taken place with other players as well....
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DAVE GUILFORD

BLOG: Sergio's merger talk could mean more heartburn for FCA workers

1:29 pm U.S. ET | May 28, 2015

Reaction to Sergio Marchionne's campaign to spur mergers has focused on other automakers, who seem notably unenthused, at least in public. But I wonder about the reaction in Marchionne's own house, Fiat Chrysler....
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Opel CEO rules out deal with Fiat

May 28, 2015 12:52 CET

Opel CEO Karl-Thomas Neumann has ruled out a deal with Fiat after its CEO Sergio Marchionne suggested carmakers need to consolidate to cut costs. Neumann also said it was a "big mistake" for Opel to search for scale with PSA/Peugeot-Citroen and not within GM....
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Marchionne sees industry merger by 2018

7:10 am U.S. ET | May 28, 2015

FCA CEO Sergio Marchionne is convinced a merger in the auto industry will happen before 2018, he said during a visit to the carmaker's Melfi plant in southern Italy....
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CAR's David Cole on suppliers, Sergio, 'a wild and crazy time'

CAR's David Cole on suppliers, Sergio, 'a wild and crazy time'

'Fast and furious.' That's how Center for Automotive Research chairman emeritus David Cole describes an auto industry that may never see stability again.
» Watch the Video