Sergio Marchionne

Alfa Romeo could return to Formula One racing, Marchionne says

Dec. 15, 2015 13:20 CET

Fiat Chrysler could bring the Alfa Romeo brand back to Formula One as a competitor to Ferrari, CEO Sergio Marchionne said....
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Fiat Chrysler to focus on growth plan as GM merger hopes fade

10:01 am U.S. ET | Dec. 3, 2015

Fiat Chrysler Automobiles does not plan a hostile bid for rival General Motors at the moment and will focus on executing its growth plan to 2018 until the right and willing partner is found, CEO Sergio Marchionne said....
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Fiat Chrysler shareholders approve Ferrari spinoff

Dec. 3, 2015 13:57 CET

Fiat Chrysler investors voted overwhelmingly to approve the spinoff of Ferrari to raise cash and reduce debt at the group....
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Fiat will launch Fullback into expanding pickup market

Nov. 12, 2015 12:14 CET

Fiat is joining Nissan and Mercedes-Benz in targeting a growing market for utility vehicles with its Fullback midsize pickup, which is based on the Mitsubishi L200....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Jaguar XE and Alfa Romeo Giulia face tough battle against German rivals

Nov. 12, 2015 06:01 CET

The Jaguar XE and Alfa Romeo Giulia will find it tough to win market share from German rivals in Europe's premium midsize class as competition from SUVs slowly shrinks one of Europe's core high-end segments....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Alfa says Giulia design inspired by 156, not 3 series

Nov. 8, 2015 06:01 CET

Design similarities between the Alfa Romeo Giulia and its chief rival, the BMW 3 series, are evident. But Alfa's design chief, Alessandro Maccolini, insists inspiration came from past Alfa models, specifically the 156....
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Maserati sales boom stalls as output cuts expose Fiat Chrysler's luxury limits

Nov. 5, 2015 15:52 CET

Maserati is deepening production cuts as a boom prompted by the Ghibli sedan fades. The brand's slowing sales volume raises questions about parent Fiat Chrysler Automobiles' ambitions to expand in the luxury-car segment....
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Fiat Chrysler studies making Suburban/Expedition fighter under Ram

1:45 pm U.S. ET | Oct. 28, 2015

Fiat Chrysler Automobiles is studying whether to build a large Ram SUV to compete with the Chevrolet Suburban and Ford Expedition....
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FCA reports $331 million Q3 loss on charge for 'regulatory and recall environment'

10:15 am U.S. ET | Oct. 28, 2015

Fiat Chrysler Automobiles reported a net loss of $331 million in the third quarter despite a strong performance in North America and recoveries in Europe and Latin America. The loss stemmed largely from a $667 million charge to reflect the “current regulatory and recall environment.”...
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Ferrari raises $893 million pricing IPO shares at top of range

Oct. 21, 2015 11:14 CET

Ferrari raised $893 million in its U.S. initial public offering, pricing the shares at the top end of the marketed range after strong investor demand. Parent Fiat Chrysler is selling a 9 percent stake in the brand and will distribute its remaining 80 percent stake to its own investors early next year....
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Ferrari's shares won't come cheap or easily as expected IPO price rises

1:17 pm U.S. ET | Oct. 20, 2015

Demand could outstrip supply on Ferrari's initial public stock offering later today, and the shares may price at the top of an indicated range of $48-52 per share, people close to the matter said....
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Ferrari heir, steered away from racing, will end up a billionaire

Oct. 12, 2015 12:46 CET

Piero Ferrari grew up shielded from becoming a racing driver like his father Enzo, who founded the iconic sports car maker. Now Piero will end up a billionaire in an initial public offering of the automaker....
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FCA concedes on Tier 2 without busting budget

12:01 am U.S. ET | Oct. 10, 2015

Facing a costly possible strike, Fiat Chrysler agreed to a revised new contract with the UAW that includes a path to nearly full pay for Tier 2 workers. The company can live with the new pact in part because the additional costs above the previous deal don't kick in for five years....
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Ferrari to be valued at up to $9.82 billion in stock offering

7:01 pm U.S. ET | Oct. 9, 2015

Ferrari will be valued at as much as $9.82 billion in an initial public offering when owner Fiat Chrysler Automobiles sells a 9 percent stake in the Italian supercar manufacturer....
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Ferrari pushing for $12.4 billion valuation in stock offering, report says

4:11 pm U.S. ET | Oct. 8, 2015

Ferrari’s coveted status as a maker of cars for the super rich is helping push up its value in an initial public offering to as much as $12.4 billion, people familiar with the matter told Bloomberg....
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DAVID BARKHOLZ

BLOG: How Marchionne could forfeit his big win on Tier 2

12:30 pm U.S. ET | Oct. 7, 2015

The FCA boss got the UAW to go along with his reset of the prevailing industry wage. But the FCA rank-and-file saw that losing proposition from a mile away...
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Fiat Chrysler management shuffle boosts Kuniskis, Manley

12:15 pm U.S. ET | Oct. 5, 2015

Fiat Chrysler has shuffled its North American upper management, giving more responsibility and brands to Dodge boss Tim Kuniskis and Jeep head Mike Manley. North American sales chief Reid Bigland also gets a larger role, taking over fleet sales....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Why Marchionne and his rivals disagree on the need for mass consolidation

Oct. 5, 2015 06:15 CET

Fiat Chrysler CEO Sergio Marchionne says the global auto industry will face “disastrous consequences” if it ignores his call for more large-scale consolidation. But General Motors, his No. 1 merger choice, is not alone in disagreeing with the executive....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Check out the ANE e-magazine for October

Oct. 5, 2015 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 the why Fiat Chrysler Automobiles CEO Sergio Marchionne's call for more large-scale consolidation in the global auto industry is being ignored....
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Between the lines, GM rebuts Marchionne

12:01 am U.S. ET | Oct. 4, 2015

GM's annual pitch to about 180 analysts and investors last week could be viewed as one long commercial for why GM doesn't need Fiat Chrysler Automobiles: The automaker is too busy “redefining the future of mobility.”...
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Maserati's global marketing chief Chehab resigns

5:00 pm U.S. ET | Oct. 4, 2015

Saad Chehab -- Maserati's global chief marketing officer and the creative force behind several of Fiat Chrysler's celebrated Super Bowl ads -- has resigned. Chehab, 48, resigned Sunday afternoon for personal reasons, according to a source familiar with the move....
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NEWS ANALYSIS

An FCA strike: $1 billion a week in lost revenues

12:01 am U.S. ET | Oct. 3, 2015

A UAW strike of Fiat Chrysler could cost the Detroit automaker close to $1 billion a week in lost revenue and would quickly lead to a shortage of several hot-selling vehicles....
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ANE's October e-magazine goes live Monday

Oct. 2, 2015 06:01 CET

The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Oct. 5. This month's edition looks at the why Fiat Chrysler Automobiles CEO Sergio Marchionne's call for more large-scale consolidation in the global auto industry is being ignored....
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Fiat Chrysler says it under-reported death, injury claims

2:45 pm U.S. ET | Sept. 29, 2015

Fiat Chrysler Automobiles has found “significant” under-reporting of deaths and injuries possibly linked to safety defects in its vehicles, the National Highway Traffic Safety Administration said today....
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DAVE GUILFORD

BLOG: The secret to the Ghosn-Zetsche alliance's success

10:15 am U.S. ET | Sept. 29, 2015

Carlos Ghosn and Dieter Zetsche's annual press conference, known on the auto show circuit as “The Carlos and Dieter Show,” would be easy to dismiss as mere self-congratulation. But in this year of feverish merger talk, it took on broader implications....
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