Sergio Marchionne

Marchionne raises FCA stake as Ferrari spinoff nears

Feb. 27, 2015 13:53 CET
Fiat Chrysler Automobiles CEO Sergio Marchionne has increased his voting stake in FCA to nearly 1 percent after raising his shareholding in the company by 2.3 million common shares to 14.4 million as the automaker readies to spin off Ferrari....
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Family owners of Ferrari say they will not sell stake

10:36 am U.S. ET | Feb. 18, 2015
Piero Ferrari, son of the eponymous luxury sports car company's founder Enzo Ferrari, said today he had no intention to sell the 10 percent stake his family owns in the company....
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WRANGLING SERGIO

Toledo hurries incentives to keep Jeep's iconic SUV

12:01 am U.S. ET | Feb. 16, 2015
Fiat Chrysler Automobiles is studying a proposal from Toledo officials to roughly double the size of its cobbled-together Jeep Wrangler line here to about 3 million square feet. The proposal would, in theory, raise the annual Wrangler production capacity to an estimated 350,000....
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Next-gen Wrangler will keep solid axles

12:01 am U.S. ET | Feb. 15, 2015
The next-generation Jeep Wrangler will keep the floating solid axles considered key to the off-roader's ability to traverse nearly any terrain, Automotive News has learned....
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NEWS ANALYSIS

Can Ferrari really cut it in luxury beyond supercars?

Feb. 14, 2015 06:01 CET
Ferrari faces a battle to persuade investors that it should be priced as a high-flying luxury goods stock. Compared with high-end brands such as Prada, Ferrari's margins are low and it needs heavy investment to make its prancing horse logo a big attraction on exclusive lines besides cars....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Fiat goes global with 500X

Feb. 13, 2015 09:42 CET
Fiat's 500X has the widest engine and transmission range in the automaker's lineup as the company prepares to offer the crossover in 100 global markets by year-end, including the U.S. where Fiat expects it to outsell the retro-styled 500 three-door hatchback....
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Marchionne says 'beauty contest' for Ferrari IPO is under way

Feb. 11, 2015 09:19 CET
A "beauty contest" is under way to select the banks that will take Ferrari public, said Sergio Marchionne, CEO of the supercar maker's parent, Fiat Chrysler Automobiles....
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Fiat Chrysler stock surge fails to win over skeptical analysts

8:26 am U.S. ET | Feb. 10, 2015
Buoyed by plans to spin off Ferrari, Fiat Chrysler boss Sergio Marchionne has supplanted Tesla Motors' Elon Musk as the CEO with the car industry's best-performing stock. Analyst skepticism is as high as the share price....
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Toledo mayor, a Jeep champion, dies following cardiac arrest

3:29 pm U.S. ET | Feb. 6, 2015
Toledo, Ohio, Mayor Michael Collins -- a leading champion to keep Jeep Wrangler production in the city -- died Friday. The first-term mayor had been stewarding the city's bid to keep production of the Jeep Wrangler at Fiat Chrysler's Toledo Assembly Complex....
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Marchionne has FCA on fast track to profit in Europe

Jan. 28, 2015 16:28 CET
Fiat Chrysler Automobiles will be profitable in Europe a year earlier than expected, CEO Sergio Marchionne said. Previously, Marchionne said the automaker's regional operations in Europe, Middle East and Africa (EMEA) would break even this year and turn a profit in 2016....
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Fiat Chrysler's 7% global sales growth outpaces biggest peers

4:09 pm U.S. ET | Jan. 22, 2015
U.S. car buyers' thirst for Ram trucks and Jeep SUVs sent Fiat Chrysler's sales up faster than those of the biggest three carmakers last year, an early positive sign for CEO Sergio Marchionne's ambitious five-year growth plan....
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LARRY P. VELLEQUETTE

Why Marchionne's Wrangler conundrum will require creativity

12:22 pm U.S. ET | Jan. 19, 2015
I truly believe that FCA CEO Sergio Marchionne would prefer to write a big check and keep the next generation Jeep Wrangler in its historic home in Toledo, Ohio. The problem? There's not much wiggle room right now in the corporate checking account....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Marchionne: Predicting problems can stem recalls

12:01 am U.S. ET | Jan. 19, 2015
Sergio Marchionne, CEO of Fiat Chrysler Automobiles, said the U.S. industry in 2014 recalled a "nonsensical number" of vehicles. He said the record number of recalls, more than 60 million vehicles, resulted from a "paradigm shift" between the industry and the National Highway Traffic Safety Administration....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Marchionne on consolidation, mandates

3:03 pm U.S. ET | Jan. 16, 2015
Fiat Chrysler Automobiles CEO Sergio Marchionne spoke with Automotive News Editor-in-Chief Keith Crain at the 2015 World Congress....
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2015 AUTOMOTIVE NEWS WORLD CONGRESS

Marchionne sees industry consolidation as a given

9:38 pm U.S. ET | Jan. 13, 2015
Fiat Chrysler Automobiles CEO Sergio Marchionne said further mergers in the automotive industry are inevitable, and questioned the way safety regulators are exercising their powers....
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Marchionne sees Fiat Chrysler breaking even in Europe this year

Jan. 13, 2015 17:53 CET
Fiat Chrysler is turning the corner in Europe and may break even in the region ahead of schedule as a focus on premium vehicles for export is starting to pay off, CEO Sergio Marchionne said....
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Fiat Chrysler wants to collaborate with other automakers on new vehicles

Jan. 13, 2015 10:56 CET
Fiat Chrysler CEO Sergio Marchionne says his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut CO2 emissions, but he deflected questions on whether FCA was in merger talks....
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Next Alfa, due in June, will be a sedan, might be a Giulia

5:22 pm U.S. ET | Jan. 12, 2015
Alfa Romeo's second completely redesigned vehicle in its $6 billion brand overhaul will be a sedan that might carry the historic Giulia nameplate, top executives with Fiat Chrysler Automobiles hinted Monday....
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Marchionne says industry may have over-reacted on recalls

12:11 pm U.S. ET | Jan. 12, 2015
Fiat Chrysler Automobiles CEO Sergio Marchionne today said incentive spending in the United States is not excessive and that the industry may have over-reacted on recalls....
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LARRY P. VELLEQUETTE

A million Jeep sales means hard choices

12:01 am U.S. ET | Jan. 12, 2015
Hitting the 1 million mark -- which you have to pronounce one meeell-yon -- blasted Jeep's previous record of 731,565 set the previous year....
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LARRY P. VELLEQUETTE

A million Jeeps in 2014 means Marchionne has some hard choices to make

11:26 am U.S. ET | Jan. 6, 2015
One million. That big, round, Doctor Evil-loving, base-ten global sales number has blasted any remaining doubt that 2014 was the Jeep brand's year of the century....
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Ferrari spinoff sets up Fiat Chrysler for another deal

Jan. 6, 2015 11:51 CET
Sergio Marchionne may not be finished with deals just yet. After completing the merger of Fiat and Chrysler and announcing a spinoff of Ferrari, the CEO said the industry is still fragmented and ripe for further consolidation....
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FERRARI

Twin turbos on V-8s; hybrid systems on V-12s

12:01 am U.S. ET | Jan. 5, 2015
Ferrari this year will become an independent company....
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2014 LISTS OF 10

Quotables from notables

12:01 am U.S. ET | Dec. 29, 2014
A look back at notable quotes from notable people in 2014....
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Dodge flexes muscle, sheds family-car image

12:01 am U.S. ET | Dec. 24, 2014
Chrysler bills the Hellcat as the fastest production sedan on earth, and this isn't simply about bragging rights. Dodge, derided not so long ago for selling mostly bland family haulers, is rebooting itself as a muscle-car brand that appeals to guys in their 20s and 30s....
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