Tag Archives: Marchionne

Marchionne requests 3 more years of patience

Marchionne requests 3 more years of patience

Fiat Chrysler Automobiles CEO Sergio Marchionne’s new five-year plan for the automaker won’t start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout.

Marchionne looks to double Jeep’s global sales by 2018

Fiat Chrysler CEO Sergio Marchionne wants the automaker’s Jeep brand to double its global sales to more than 1.5 million vehicles by 2018 with strong growth in South America and China, sources said.

Marchionne sees the iconic U.S. brand as one of the main pillars of growth for Fiat Chrysler and will announce his ambitions for Jeep when he unveils a new five-year product and business plan for the combined Italian-American company on Tuesday, sources said.

Marchionne’s Fiat-Chrysler seen as success story by Italy’s economy minister

Marchionne's Fiat-Chrysler seen as success story by Italy's economy minister

The restructuring of the Fiat-Chrysler group by its CEO Sergio Marchionne should be seen as a success story rather than a case of offshoring operations, Italian Economy Minister Pier Carlo Padoan was quoted as saying by an Italian newspaper.

Fiat Chrysler can make 6 mln cars a year, Marchionne says

Fiat Chairman John Elkann, right, and Fiat and Chrysler CEO Sergio Marchionne arrive for a meeting with shareholders in Turin, Italy, Monday, March 31, 2014. Fiat and Chrysler CEO Sergio Marchionne says the combined automaker aims to sell 4.5 million to 4.6 million cars this year. Marchionne addressed the last Fiat shareholders' meeting on Monday at the Italian carmaker's historic headquarters in Turin, Italy. The CEO aims to complete the merger of Fiat with U.S. carmaker Chrysler this year to create Fiat Chrysler Automobiles, the seventh-largest automaker with 4.4 million sales last year. (AP Photo/Massimo Pinca)

Fiat and Chrysler CEO Sergio Marchionne said Monday that the automakers will have the capacity to produce 6 million cars a year once they combine their forces.

Fiat doesn’t need to give new Mazda roadster to Alfa, Marchionne says

Fiat doesn’t necessarily need to build the roadster announced with Mazda early last year with an Alfa Romeo badge, Fiat Chrylser Automobile CEO Sergio Marchionne said on Tuesday.”The brand that we use will be chosen in due time.