Sergio Marchionne
Fiat shareholders approve Chrysler mergerAug. 1, 2014 08:08 CET
Fiat shareholders approved the automaker's merger with Chrysler in a move that seals the end of Fiat as an Italian company. The new company arising from the merger, Fiat Chrysler Automobiles will be incorporated under Dutch law, based in the UK and listed on the New York Stock Exchange....Read More »
Fiat investors likely to approve Chrysler mergerJuly 31, 2014 06:01 CET
Fiat shareholders will likely approve the automaker's merger with Chrysler when they meet in Italy for the last time on Friday. Industry watchers expect Fiat to win the two-thirds majority vote needed for a merger....Read More »
Fiat investors advised to vote for Chrysler mergerJuly 28, 2014 11:26 CET
Proxy adviser Glass Lewis has recommended that Fiat investors vote for a merger with Chrysler despite concerns that the voting rights of Exor, Fiat's main shareholder, could potentially increase with a deal....Read More »
Fiat investors urged to vote against Chrysler merger 2:59 pm U.S. ET | July 23, 2014
Proxy advisor ISS has recommended that Fiat investors vote against a cross-border merger of the Italian carmaker and its U.S. unit Chrysler at a meeting on Aug. 1, saying it would reduce shareholder rights....Read More »
Marchionne says Fiat Chrysler tie-up with VW was never on agendaJuly 23, 2014 12:27 CET
Fiat Chrysler CEO Sergio Marchionne quashed all speculation of a possible tie-up with Volkswagen, saying the idea had never been on the agenda....Read More »
NEWS ANALYSIS
A VW-FCA deal would be risky, reasonable 12:01 am U.S. ET | July 21, 2014
If Volkswagen does buy Fiat Chrysler -- despite the companies' denials of a report that they are in talks -- it would be because the fixations of VW Chairman Ferdinand Piech may line up perfectly with the needs of the family that controls Fiat Chrysler....Read More »
EDWARD NIEDERMEYER
Hungry VW wants to devour Fiat Chrysler 2:28 pm U.S. ET | July 18, 2014
What appears on the surface to be just another twist in the ego-driven soap opera between VW's visionary leader Ferdinand Piech and FCA's scrappy boss Sergio Marchionne may actually presage the next round of auto industry consolidation....Read More »
Agnellis may tighten grip on Fiat after Chrysler mergerJuly 8, 2014 11:43 CET
Fiat's founding Agnelli family may see its voting rights rise to 46 percent as part of a scheme to reward long-term investors after a merger with Chrysler and a listing in New York, a U.S. regulatory filing showed....Read More »
ANE's July e-magazine goes live MondayJuly 4, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, July 7....Read More »
Fiat calls Aug. 1 shareholder meeting to approve Chrysler mergerJuly 3, 2014 12:40 CET
Fiat has called a shareholder meeting on Aug. 1 to approve its merger with Chrysler, potentially clearing the way for the new company to be listed in New York as planned before the end of this year....Read More »
Fiat Chrysler shareholders to vote on merger in early AugustJune 30, 2014 17:01 CET
Fiat Chrysler shareholders will meet early August to vote on the merger between the Italian carmaker and its U.S. unit, CEO Sergio Marchionne said on the sidelines of an event in Turin....Read More »
To sell Fiat luxury shift, Marchionne seeks labor peace in ItalyJune 30, 2014 10:55 CET
Fiat CEO Sergio Marchionne's visit to Italy last week to solve a labor dispute that threatened Maserati production shows how important the country's plants are becoming to the company's future, a union boss said....Read More »
Fiat will sell holdings worth 602 million euros to fund upscale shiftJune 20, 2014 11:25 CET
Fiat Chrysler plans to sell holdings valued at about 602 million euros ($820 million), freeing up cash to invest in an expansion of its upscale brands....Read More »
Marchionne uses Chrysler's 'human-interest' story to woo U.S. investorsJune 20, 2014 06:01 CET
Fiat Chrysler CEO Sergio Marchionne says he will use the “human-interest” angle of Chrysler's rebound from bankruptcy to help Fiat Chrysler appeal to U.S. investors ahead of a listing there later this year....Read More »
Fiat board authorizes $5.4B bond sale to refinance debt, approves Chrysler merger 2:49 pm U.S. ET | June 15, 2014
Fiat's board authorized the carmaker to raise as much as $5.4 billion by issuing new bonds, giving the company flexibility to refinance debt as it implements its merger with Chrysler....Read More »
Chrysler names 6 new board members, including Bigland, Manley 1:58 pm U.S. ET | June 13, 2014
Chrysler Group has appointed six new directors to its board, effective June 10, adding five more board seats, the company said today....Read More »
AUTOMOTIVE NEWS EUROPE E-MAGAZINE
Marchionne insists Fiat Chrysler needs 9 brands; market watchers disagreeJune 11, 2014 06:01 CET
Fiat Chrysler CEO Sergio Marchionne wants his recently merged nine-brand automaker to more than double vehicle sales and operating profit, but analysts doubt there will be enough cash to fund volume growth....Read More »
Maserati to lift Ghibli, Quattroporte production 20%, reports say 9:26 am U.S. ET | June 10, 2014
Maserati plans to increase production of its Ghibli and Quattroporte sedans by about 20 percent in a sign that Fiat's upscale shift is starting to gain traction, people familiar with the matter said....Read More »
Check out the ANE e-magazine for JuneJune 2, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine is ready for you to view. This month's edition looks at Renault-Nissan CEO Carlos Ghosn's plan catch industry leaders Toyota, VW and GM....Read More »
EDITORIAL
2-tier wages served a purpose, but not anymore 12:01 am U.S. ET | June 2, 2014
It's unlikely that the UAW and Detroit 3 can eliminate two-tier wages in the next round of contract negotiations. But labor and management should use the opportunity to whittle away at the inequities inherent in the wage system....Read More »
Marchionne pins success of Fiat Chrysler plan on U.S. 3:34 pm U.S. ET | June 1, 2014
Fiat Chrysler Automobiles CEO Sergio Marchionne said a good performance by its U.S. operations will be crucial for the success...Read More »
Fiat to get Mitsubishi pickup, sources sayMay 31, 2014 06:01 CET
Fiat will team with Mitsubishi to add a long-promised large pickup in Europe and Latin America, sources said. Mitsubishi will provide Fiat with a variant of the L200, the sources said....Read More »
ANE's June e-magazine goes live MondayMay 30, 2014 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, June 2. This month's edition examines Renault-Nissan CEO Carlos Ghosn's plan to challenge Toyota, VW and GM....Read More »
Dr. Z's diagnosis: Product will drive Chrysler success 12:01 am U.S. ET | May 26, 2014
Daimler CEO Dieter Zetsche says he formed an emotional bond with Chrysler while running the company from 2000 to 2005, when it was owned by Daimler. And so he says he watches what happens at Chrysler with special interest....Read More »
Fiat scales back Lancia as brand is banished to ItalyMay 24, 2014 06:01 CET
Lancia, the Italian car brand that once glided up the streets of Saint-Tropez alongside film star Brigitte Bardot, will soon just be available in one no-frills subcompact model that will only be sold in Italy....Read More »
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Most Read
- VW profit falls, raising pressure to cut costs
- Fiat investors likely to approve Chrysler merger
- Marchionne says he is open to new alliances but won't sell Alfa Romeo
- Daimler will invest 1.5 billion euros in its biggest German plant after winning labor deal
- Audi said to plan efficiency push to lower costs
