Sergio Marchionne

Type: Person
Name: Sergio Marchionne
First reported Oct 30 2014 - Updated 2 hours ago - 1 reports

Quality problems must be fixed, Fiat Chrysler CEO says [Detroit Free Press :: ]

Oct. 30--Fiat Chrysler Automobiles CEO Sergio Marchionne said the company was already planning to make a leadership change to the management of quality before Consumer Reports published a reliability study on that placed four Chrysler brands at the bottom ... [Published BusinessWeek - Oct 30 2014]
First reported 7 hours ago - Updated 7 hours ago - 1 reports

Ferrari Q3 profit falls below Maserati because of payout to ex-chairman

In a shake-up of the status quo, Maserati posted a higher operating profit in the third quarter of 2014 than Ferrari , thanks in part to the Maranello-based brand’s golden handshake with now-former chairman Luca Cordero di Montezemolo.Fuelled by strong ... [Published Car Advice - 7 hours ago]
First reported 23 hours ago - Updated 14 hours ago - 2 reports

Fancy buying a bit of Ferrari?

10 per cent of the company is to be sold. explains what that means…Paul HorrellSo, Ferrari is to be split off as a separate business from Fiat Chrysler Automobiles (FCA). And 10 per cent of it is going to be put up for sale as shares. That means you and ... [Published BBC Top Gear Malaysia - 14 hours ago]
First reported Oct 29 2014 - Updated Oct 30 2014 - 13 reports

Fiat Chrysler to spin off Ferrari, float 10 per cent on sharemarket

Fiat Chrysler has announced that it will spin off Ferrari , with 10 per cent of the Italian luxury sports car maker to be floated on the open sharemarket.The remainder of Ferrari will be distributed amongst shareholders in Fiat Chrysler Automobiles (FCA). ... [Published Car Advice - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

Next-gen Jeep Wrangler will get new body and engines

The next-gen Jeep Wrangler could be powered by single or twin-turbo 2.0-litre petrol and diesel engines.Oct 30, 2014The next-generation Jeep Wrangler is likely to get a new alloy body and downsized turbocharged engines in international markets. Sergio ... [Published AutoCar India - Oct 30 2014]
First reported Oct 29 2014 - Updated Oct 30 2014 - 37 reports

Funding plans firmed up Fiat Chrysler Automobiles

ws EditorFiat Chrysler Automobiles (NYSE:FCAU) plans to issue a $2.5B convertible bond and offer $100M worth of shares to help fund its aggressive growth plans.Shareholders opting in now for the convertible offering will receive shares in Ferrari as part ... [Published Seeking Alpha - Oct 30 2014]
First reported Oct 29 2014 - Updated Oct 30 2014 - 1 reports

Can Sergio Marchionne turn this car around?

Even thoroughbreds have to retire. Luca Cordero di Montezemolo ran Ferrari for 23 years, overseeing a golden era last decade when the carmaker won six consecutive Formula One titles with driver Michael Schumacher. Now Sergio Marchionne, chief executive ... [Published Globe and Mail - Oct 29 2014]
First reported Oct 29 2014 - Updated Oct 30 2014 - 7 reports

Fiat Chrysler plans Ferrari stock listing

MILAN — Luxury car company Ferrari is to be spun off as an independent business with 10% floated on the stock exchange, parent group Fiat Chrysler Automobiles said on Wednesday.Fiat Chrysler said the rest of the new Ferrari shares will be distributed ... [Published BDlive - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 4 reports

Cheap Gas Puts the Squeeze on Hybrids and EVs

Earlier this year, Fiat Chrysler boss Sergio Marchionne joked that he hoped consumers wouldn’t buy the Fiat 500e (e for electric), because the company loses $14,000 on each one, given the cost of the technology inside. That shows the bind carmakers find ... [Published The Curious Capitalist - Oct 30 2014]
First reported Oct 29 2014 - Updated Oct 30 2014 - 12 reports

Ferrari’s independence move shows the true winners

FCA’s chairman John Elkann represents the Agnelli family Italian industrial clan and they would grasp a holding that makes them among the richest in the auto industry. Ferrari’s spin-off structure is rather simple – 10% belongs to the heir of the Enzo ... [Published Inautonews - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

Local news Thursday 30th of October

Iacono retrial - The former Mayor of Vence Christian Iacono is to face a retrial for the alleged rape of his grandson. Mr Iacono, who’s 79 has always denied the charge but was found guilty and sentenced to 9 years in jail at two previous hearings. His ... [Published Riviera Radio - Oct 30 2014]
First reported Oct 30 2014 - Updated Oct 30 2014 - 1 reports

FCA sees profit growing 7% during the third-quarter

The latter news is what interests us now, while about the other stories you can read here and here. FCA announced that its operating profit for July to September period rose by 7%, marginally below expectations. The slower than previewed growth was due ... [Published Inautonews - Oct 30 2014]

Quotes

...and Chrysler into FCA was completed earlier this month with our debut on the New York Stock Exchange," said FCA chief executive Sergio Marchionne . "as we move forward to secure the 2014-2018 business plan and work toward maximizing the value of our businesses to our shareholders, it is proper that we pursue separate paths for fca and ferrari. the board supports management's determination that this transaction represents fca's best course of action to support the long-term success of the group, while at the same time substantially strengthening fca’s capital base."
...were making leadership choices on the same day that the information came out," Marchionne said during a conference call with analysts on Wednesday. "the function is being restructured."
"today is a big clean-up day" says CEO Sergio Marchionne about the flurry of moves
Fiat head Sergio Marchionne said that pursuing "separate paths for fiat chrysler automobiles and ferrari was the best course of action to support the long-term success of the group while at the same time substantially strengthening fiat chrysler automobiles’ capital base"

More Content

All (767) | News (648) | Reports (0) | Blogs (114) | Audio/Video (0) | Fact Sheets (3) | Press Releases (1)
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Ferrari Fined $3.5 Million by the NHTSA [Published Auto Evolution - 14 mins ago]
NHTSA fines Ferrari $3.5 million [Detroit Free ... [Published BusinessWeek - 1 hour ago]
New Fiat Chrysler Automobiles merger spins off ... [Published Top Gear Philippines - 5 hours ago]
Ferrari Q3 profit falls below Maserati because ... [Published Car Advice - 7 hours ago]
Ferrari Celebrates 60 Years In The USA with A G... [Published Thailand News and Press Releases - 10 hours ago]
Fancy buying a bit of Ferrari? [Published BBC Top Gear Malaysia - 14 hours ago]
Maserati posts record profit [Published Car Point - 21 hours ago]
Fiat Chrysler Earnings Remain Sound, Leaves Inv... [Published Guru Focus - 21 hours ago]
FCA's Ferrari Move Likely To Make Capital Raisi... [Published Forbes.com - 23 hours ago]
Quality problems must be fixed, Fiat Chrysler C... [Published BusinessWeek - Oct 30 2014]
Dispatches Do Brasil: FCA Finds Its Feet [Published The Truth About Cars - Oct 30 2014]
Next-gen Jeep Wrangler will get new body and en... [Published AutoCar India - Oct 30 2014]
Fiat Chrysler to spin off Ferrari, float 10 per... [Published Car Advice - Oct 30 2014]
We're Probably Months Away From Replacing All T... [Published Jalopnik - Oct 30 2014]
Funding plans firmed up Fiat Chrysler Automobiles [Published Seeking Alpha - Oct 30 2014]
Cheap Gas Puts the Squeeze on Hybrids and EVs [Published The Curious Capitalist - Oct 30 2014]
Cheap Gas Puts the Squeeze on Hybrids and EVs [Published Real Clear Politics - TIME.com - Oct 30 2014]
Frontrunning: October 30 [Published Zero Hedge - Oct 30 2014]
Cheap Gas Puts the Squeeze on Hybrids and EVs [Published TIME.com - Oct 30 2014]
Cheap Gas Puts the Squeeze on Hybrids and EVs [Published Time - Oct 30 2014]
Local news Thursday 30th of October [Published Riviera Radio - Oct 30 2014]
FCA sees profit growing 7% during the third-qua... [Published Inautonews - Oct 30 2014]
Ferrari’s independence move shows the true winners [Published Inautonews - Oct 30 2014]
Fiat to spin off Ferrari, list shares on stock ... [Published Team-BHP.com - Oct 30 2014]
FCA ready to spin off Ferrari [Published Inautonews - Oct 30 2014]
Fiat's (FCAU) CEO Sergio Marchionneon Q3 2014 R... [Published Seeking Alpha - Oct 30 2014]
Fiat Chrysler plans Ferrari stock listing [Published BDlive - Oct 30 2014]
Fiat-Chrysler selling off Ferrari. Wait, what! [Published Autofreaks.com - Oct 30 2014]
The Punt: My other share is a Ferrari [Published Irish Independent - Oct 30 2014]
Ferrari stake sell-off to boost Fiat Chrysler c... [Published GoAuto - Oct 30 2014]
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Blogs

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Cheap Gas Puts the Squeeze on Hybrids and EVs [Published The Curious Capitalist - Oct 30 2014]
Earlier this year, Fiat Chrysler boss Sergio Marchionne joked that he hoped consumers wouldn’t buy the Fiat 500e (e for electric), because the company loses $14,000 on each one, given the cost of the technology inside. That shows the bind carmakers find ...
Cheap Gas Puts the Squeeze on Hybrids and EVs [Published Real Clear Politics - TIME.com - Oct 30 2014]
Earlier this year, Fiat Chrysler boss Sergio Marchionne joked that he hoped consumers wouldn’t buy the Fiat 500e (e for electric), because the company loses $14,000 on each one, given the cost of the technology inside. That shows the bind carmakers find ...
Frontrunning: October 30 [Published Zero Hedge - Oct 30 2014]
"Soaring consumer confidence" - How the Economy Is Stoking Voter Anger at Incumbent Governors ( WSJ ) Euro zone deflation worries shield German Bunds from upbeat Fed ( Reuters ) Greece’s Euro Dilemma Is Back as Minister Sees Volatility ( BBG ) Ukraine ...
Cheap Gas Puts the Squeeze on Hybrids and EVs [Published TIME.com - Oct 30 2014]
Earlier this year, Fiat Chrysler boss Sergio Marchionne joked that he hoped consumers wouldn’t buy the Fiat 500e (e for electric), because the company loses $14,000 on each one, given the cost of the technology inside. That shows the bind carmakers find ...
Fiat Will Set Ferrari Free [Published Wall St. Cheat Sheet - Oct 29 2014]
Pierre Andrieu/Getty Images In the wake of big changes going down at Fiat Chrysler Automobiles, Ferrari is being spun off into its own separate business entity. In a press release, Fiat announced that Ferrari would be set free under the company’s new ...
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Press Releases

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Sale of CNH Industrial's stock grant shares [Published Financial Services - Sep 01 2014]
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