Marchionne
Marchionne: Jeep is finally getting a pickup... kinda
Jeep Gladiator Concept – Click above for high-res image gallery
Chrysler confirms $843M investment in Kokomo, IN plants
Sergio Marchionne stopped by Chrysler's transmission manufacturing facilities in Kokomo, Indiana and delivered some good news. The Chrysler Group plans to invest $843 million into the plants to modernize them and prepare for the production of a new front-wheel drive automatic transmission. This pushes the automakers total investment dollars near the $3 billion mark, dating back to June of 2009, with $1.1 billion of that earmarked specifically
Report: Marchionne admits Fiat may sell off Ferrari ahead of merger
Sergio Marchonne, CEO of Fiat and the Chrysler Group, has stated that he is looking to raise some cash ahead of the upcoming Fiat/Chrysler merger. One possible way to do this? Reduce its 90 percent ownership stake in Ferrari through an IPO. Fiat estimates that Ferrari is currently worth
Report: Hotter Alfa Romeo Giulietta to get dual-clutch gearbox and 235 hp
2011 Alfa Romeo Giulietta – Click above for high-res image gallery
REPORT: Marchionne will choose to lead either Chrysler or Fiat within 24 months
Sergio Marchionne appears to be very well regarded within the auto industry and his work making Fiat a viable automaker has been pretty remarkable overall. Now Marchionne is charged with saving the beleaguered and product-starved Chrysler while also keeping momentum back home in Italy. That's a big job that Marchionne won't be able to do for long. The dualing CEO reportedly said in a speec
Ruh-Roh: Marchionne reportedly puts Alfa Romeo under review
Take a look at the Fiat auto group. What division (barring Ferrari and Maserati) would you think holds the highest value for the company? If you thought Alfa Romeo, you're on the same page as yours truly, but you'd be mistaken. Horribly mistaken, as it turns out: Alfa has lost Fiat hundreds of millions of euros every year. Its sales have declined sharply, and not just since the global economy collapsed: Alfa sold 203,000 units in the year 2000, but only 103,000 last year. That's a heck of a drop
Fiat/Chrysler CEO Sergio Marchionne steps down from UBS bank board
Sergio Marchionne with fellow board members at a UBS press conference
REPORT: Chrysler rehiring white collar workers to get new product out fast
2011 Jeep Grand Cherokee - click above for high-res image gallery
REPORT: Dodges to be rebranded as Alfa Romeos in Europe
With the ink still wet on the Fiat/Chrysler deal, many auto sites (including Autoblog) have had a bit of fun prognosticating which Fiat/Alfa models would be rebadged as Chrysler products. U.K. site Autocar is reporting that Fiat is exploring bringing in Dodge models to Europe to be rebadged at Alfa Romeos. CEO Sergio Marchionne is said to be considering the move, saying that the
VIDEO: Conan shows off first Fiat/Chrysler commercial
Click above to watch the video after the jump
BREAKING: Marchionne confirmed as post-bankruptcy Chrysler CEO
After weeks of speculation, Fiat confirmed today that its CEO, Sergio Marchionne, will assume the same role with Chrysler once it exits bankruptcy. According to statements from the Obama administration, Chrysler could emerge from "surgical bankruptcy" in as little as 30 to 60 days, after which Chrysler's current chief executive Bob Nardelli will step down and Marchionne will step in.
Clash of the Titans: Fiat reportedly squaring off with European Union over mergers
According to The Detroit News, Guenter Verheugen, the European Union's Industry Commissioner, lashed out at Fiat on Friday in a radio interview, voicing concerns that the Italian automaker is acting irresponsibly to be considering new mergers and acquisitions when the company is already in debt. The public tongue-lashing from the EU official sent Fiat CEO Sergio Marchionne to the microphones to defend his position, asserting that the commissioner's "comments are not helpful to the ultim
REPORT: Fiat's Marchionne could replace Nardelli as Chrysler CEO in management shake-up royale
If you were surprised by the "resignation" of GM chief Rick Wagoner late last month, get used to the idea. Chrysler reportedly has some major management changes in store as well, including a new seven-member executive board including representatives from Fiat and the Obama administration's automotive task force. But while Bob Nardelli may stay on to chair that board, Chrysler's next CEO m
Lancia to cancel top-of-the-line Thesis this year?
Click above to view the Lancia Thesis in high resolution