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Fiat is facing a new distraction. While Sergio Marchionne has worldwide plans with zombie Chrysler, Fiat is facing an insurrection at home. Well, close to home. The German dealer council of Fiat has unanimously decided to sue Fiat Germany. Full Article at The Truth About Cars
Chrysler said recently that its in-house team of electric car development engineers had been disbanded and will be folded into the company's organizational chart. Full Article at Detroit Free Press
Fiat CEO Sergio Marchionne (2nd from L) speaks to unidentified associates as he takes a break from a meeting at the chancellery in Berlin on May 27, 2009 on the future of car maker Opel. View Photo »
Chrysler, as Fiat has done, needs to embrace the challenge of the new and see the future as opportunity
Turin - Fiat SpA may have to close factories in Italy, given sharp falls in auto sales which have changed the sector dramatically, Chief Executive Sergio Marchionne said on Friday. Full Article at International Business Times
UBS has cut Fiat’s rating from “buy” to “neutral”. UBS cites its cautious views on car demand in Europe and Brazil as well as heavy trucks and machinery, the areas is which Fiat are strongest. Full Article at The Truth About Cars
Frank Stronach should thank the gods, or at least General Motors, for taking away his chance to prove he can build cars better than customers of his Magna International empire. Full Article at Canadian Business Online
Sergio Marchionne, Ceo of Fiat Group, holds up a copy of The Detroit News during The Internation Book Exibition in Turin on May 15, 2009. View Photo »
The attention Sergio Marchionne and his Chrysler team generated at its recent Business Plan meetings in Auburn Hills demonstrates the intense interest in the direction of this company. Like the rest of the business world, we're eager to hear more about the exciting turnaround of Chrysler and his vision ...
Nov. 20 (Bloomberg) -- Fiat SpA Chief Executive Officer Sergio Marchionne said at a trial that he would have left his post in 2005 had the Agnelli family lost its controlling stake in the carmaker. Full Article at Bloomberg.com
CHICAGO - November 20, 2009: Sergio Marchionne, Chief Executive Officer of Chrysler Group LLC, will address the Economic Club of Chicago (ECC) at the group's annual Chicago Auto Show luncheon meeting on Feb. 11, 2010. The event will be held at 12 p.m. Full Article at TheAutoChannel.com
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Fiat CEO Sergio Marchionne (2nd from L) speaks to unidentified associates as he takes a break from a meeting at the chancellery in Berlin on May 27, 2009 on the future of car maker Opel.
View Photo »Sergio Marchionne, Ceo of Fiat Group, holds up a copy of The Detroit News during The Internation Book Exibition in Turin on May 15, 2009.
View Photo »Chrysler Group LLC Chief Executive Sergio Marchionne talks to the media about the automaker's 2010-2014 Business Plan in Auburn Hills, Michigan November 4, 2009.
View Photo »Chrysler Group LLC Chief Executive Sergio Marchionne talks to the media about the automaker's 2010-2014 Business Plan in Auburn Hills, Michigan November 4, 2009.
View Photo »Chrysler Group LLC Chief Executive Sergio Marchionne arrives for a news conference after the automaker's 2010-2014 Business Plan presentation in Auburn Hills, Michigan November 4, 2009.
View Photo »Chrysler Group LLC Chief Executive Sergio Marchionne talks to the media about the automaker's 2010-2014 Business Plan in Auburn Hills, Michigan November 4, 2009.
View Photo »Chrysler Group LLC CEO Sergio Marchionne addresses the media at the automaker's headquarters in Auburn Hills, Mich. , Wednesday, Nov. 4, 2009.
View Photo »Chrysler Group LLC CEO Sergio Marchionne addresses the media at the automaker's headquarters in Auburn Hills, Mich. , Wednesday, Nov. 4, 2009.
View Photo »Chrysler Group LLC CEO Sergio Marchionne takes a break during the Chrysler Group LLC 2010-2014 Business Plan Presentation in Auburn Hills, Michigan November 4, 2009.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: The room where Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, will address executives and the news media is shown at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break i a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne (left), Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break i a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, heads for lunch during a break in a meeting at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan. Marchionne laid out Chrysler's new 5-year business plan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: The name placard for Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, is shown at his table at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Members of the news media wait for the arrival of Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO, at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne (R), Chrysler Group LLC Chief Executive Officer and Fiat CEO arrives to address executives and the news media at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne (R), Chrysler Group LLC Chief Executive Officer and Fiat CEO arrives to address executives and the news media at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO arrives to address executives and the news media at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne, Chrysler Group LLC Chief Executive Officer and Fiat CEO arrives to address executives and the news media at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »AUBURN HILLS, MI - NOVEMEBER 4: Sergio Marchionne (C), Chrysler Group LLC Chief Executive Officer and Fiat CEO arrives to address executives and the news media at the Chrysler Technical Center November 4, 2009 in Auburn Hills, Michigan.
View Photo »Sergio Marchionne, Ceo of Fiat Group, holds up a copy of The Detroit News during The Internation Book Exibition in Turin on May 15, 2009.
View Photo »Chrysler, as Fiat has done, needs to embrace the challenge of the new and see the future as opportunity
The attention Sergio Marchionne and his Chrysler team generated at its recent Business Plan meetings in Auburn Hills demonstrates the intense interest in the direction of this company. Like the rest of the business world, we're eager to hear more about the exciting turnaround of Chrysler and his vision ...
Unless you're present in the C and D segments in the United States, you're nobody
The other day in Auburn Hills, Mich., Fiat CEO Sergio Marchionne took a page out of the Ghosn playbook — and then improved upon it.
If you asked me today would I go out there and reinvest in that architecture without [thinking about] all the potential deliveries of that architecture and finding out what additional volume I could drive off [that] architecture in the United States, the answer is probably no ... Architectures are expen...
I’m not too sure that’s going to be happening based on our meeting with Sergio Marchionne two weeks ago
We've been looking at this to try and find out what it is that has kept consumers away from Chrysler ... Probably a large reason is the fact that we've been incredibly quiet for the last five months. And we've gone underground when we were trying to design this [plan]. And so the messaging and the marke...
In June, CEO Sergio Marchionne elevated Peter Fong and Michael Accavitti to lofty positions in the new Chrysler Group — Fong as CEO of the Chrysler brand and Accavitti as CEO of Dodge. They lasted only four months before resigning last week. The abrupt changes signal that the hard-charging Marchionne do...
We've been looking at this to try and find out what it is that has kept consumers away from Chrysler ... Probably a large reason is the fact that we've been incredibly quiet for the last five months. And we've gone underground when we were trying to design this [plan]. And so the messaging and the marke...
Some of you have been (presuming) that we are losing money … this is not true. Most of you underestimated the substantial reduction in fixed costs that was carried out by the old Chrysler. The new Chrysler is being incredibly parsimonious
We're convinced Chrysler can come back ... It needs to be fixed, but it's not terminal.
This is a new day for Chrysler ... This plan is comprehensive and it's ambitious.
The new Chrysler is being extremely parsimonious ie. cheap
We intend to build on Chrysler's culture of innovation and Fiat's complementary technology and expertise to expand Chrysler's product portfolio both in North America and overseas. Work is already underway on developing new environmentally friendly, fuel-efficient, high-quality vehicles that we intend to...
We intend to build on Chrysler's culture of innovation and Fiat's complementary technology and expertise to expand Chrysler's product portfolio both in North America and overseas. Work is already underway on developing new environmentally friendly, fuel-efficient, high-quality vehicles that we intend to...
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