Sergio Marchionne

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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LARRY P. VELLEQUETTE

Wrangler is so engrained in its DNA, the city should be spelled Toledo, OIIIIIIIO

12:12 pm U.S. ET | Oct. 3, 2014
My hometown completely freaked out Thursday. Fiat Chrysler CEO Sergio Marchionne disclosed the next-generation Jeep Wrangler might have to be manufactured somewhere else other than in its historic home in Toledo....
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Jeep ponders switch to aluminum for next Wrangler body, Marchionne says

11:21 am U.S. ET | Oct. 2, 2014
The next-generation Jeep Wrangler may be built off a unibody platform, feature smaller and turbocharged engines, and switch to an aluminum body, Fiat Chrysler Automobiles CEO Sergio Marchionne said today. Such significant changes to the hot-selling SUV would likely mean leaving its longtime, historic production site in Toledo, Ohio, Marchionne added....
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Fiat Chrysler won't seek more capital to fund growth plan, Marchionne says

3:57 pm U.S. ET | Oct. 2, 2014
Fiat Chrysler Automobiles has no need for a capital increase to fund its ambitious five-year growth plan, CEO Sergio Marchionne said on Thursday. Marchionne said, however, the board of the newly-merged company would examine all capital-boosting options, including taking on more debt, a mandatory convertible bond and a possible capital increase, at the end of the month....
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Fiat jobs matter more than HQ location, Italy prime minister says

Sept. 29, 2014 10:26 CET
Italian Prime Minister Matteo Renzi said Fiat Chrysler's decision to have a home base in London matters less than the jobs and opportunities that the combined company will create in Italy....
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Chrysler to idle Ontario minivan plant for 12 weeks in 2015 for product changeover

3:37 pm U.S. ET | Sept. 26, 2014
Chrysler Group's Windsor, Ontario, minivan plant will be idled for 12 weeks for upgrades in the first and second quarters of 2015 to prepare for production of the company's next-generation minivan, CEO Sergio Marchionne said....
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Fiat Chrysler locates new HQ in London's West End

Sept. 18, 2014 15:58 CET
Fiat Chrysler will locate its new global headquarters in St James's Street in London's West End, near Buckingham Palace. London is neutral territory between the Italian carmaker's former HQ in Turin and Chrysler's historic association with Detroit....
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Fiat Chrysler's new HQ will be a short stroll from Buckingham Palace

9:54 am U.S. ET | Sept. 18, 2014
Fiat SpA will locate its new global headquarters in London's West End, opting for the most expensive office district in the world....
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Marchionne says Fiat Chrysler will bypass Wall Street road show

11:21 am U.S. ET | Sept. 16, 2014
Fiat Chrysler CEO Sergio Marchionne said he doesn't plan to hold a road show for investors before listing shares of the combined car company in New York next month....
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Sell? Grow? IPO? Marchionne ponders Ferrari's future

12:01 am U.S. ET | Sept. 15, 2014
Sergio Marchionne rules out closer ties between Ferrari and Fiat Chrysler Automobiles as he prepares to take direct control of the independently run Italian sports car maker. But what will the Fiat Chrysler CEO do with Ferrari when he replaces longtime chairman Luca di Montezemolo next month?...
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Ferrari to launch a 10-unit limited-edition model for the U.S.

3:36 pm U.S. ET | Sept. 12, 2014
Ferrari Chairman Luca Cordero di Montezemolo’s last public act at the helm of the Italian supercar maker will be the unveiling of a limited-edition model destined for the U.S. market only....
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GILLES CASTONGUAY

Montezemolo's Ferrari departure no laughing matter

4:48 am U.S. ET | Sept. 12, 2014
After Ferrari Chairman Luca Cordero di Montezemolo said he will no longer lead the sports car brand, he and Sergio Marchionne made a great show of being good friends, but they weren't fooling anyone....
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Fiat awards Ferrari Chairman Montezemolo 27 million euros severance package

Sept. 11, 2014 09:18 CET
Ferrari Chairman Luca Cordero di Montezemolo will receive a severance package worth nearly 27 million euros ($34.89 million). Montezemolo quit after clashing with Fiat Chrysler CEO Sergio Marchionne over the supercar maker's future....
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Ferrari will build more cars with Marchionne as chairman to keep pace with super rich

Sept. 11, 2014 16:18 CET
Ferrari will cater to growing numbers of super rich clients by building more cars than previously planned after Sergio Marchionne becomes chairman of the company. Marchionne said in May that the brand had the potential to sell about 10,000 vehicles annually, a rise of 43 percent over current figures....
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