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Marchionne Faces Bump on Road to Automaker Merger

2013-05-01 09:00:41| AutomotiveDigest.com - Automotive Industry News

Sergio Marchionnnes goal of forging Chrysler and Fiat into a single global automaker is still on track, says the CEO of both companies, but there are snags. Find out what Marchionne told employees in an e-mail. [More]The Article Marchionne Faces Bump on Road to Automaker Merger appeared first on Automotive Digest.

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TOP NEWS: Sergio Marchionne Says Fiat Needs Help From Chrysler

2013-04-30 09:00:37| AutomotiveDigest.com - Automotive Industry News

Sergio Marchionne, CEO of both Chrysler Group and Fiat SpA, hopes to get some financial assistance for Fiat struggling under European crisis. Meanwhile, Chrysler Group LLC took a hit on its first quarter 2013 earnings over first quarter last year reduced vehicle shipments playing a part. J.D. Power and Associates global automotive analyst James Dunne forecasts about one third of vehicles sold worldwide by 2025 will have alternative powertrains.The Article TOP NEWS: Sergio Marchionne Says Fiat Needs Help From Chrysler appeared first on Automotive Digest.

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Sergio Marchionne: Fiat 500e Will Cost Chrysler

2013-04-22 09:00:12| AutomotiveDigest.com - Automotive Industry News

Chrysler Group will lose a substantial amount of money on every battery powered Fiat 500 that it plans to sell in California, warns, Fiat/Chrysler CEO Sergio Marchionne. Get the full picture on Marchionnes dire forecast. [More]The Article Sergio Marchionne: Fiat 500e Will Cost Chrysler appeared first on Automotive Digest.

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Marchionne earned $1.23M for Chrysler work in 2012

2013-03-09 10:36:26| Automakers - Topix.net

Chrysler Group LLC Chairman and CEO Sergio Marchionne earned about $1.23 million in 2012 from the Auburn Hills-based automaker, up from nothing in 2011 and $600,000 in 2010.

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Fiat and Chrysler could merge by year-end: Marchionne

2013-03-06 17:48:34| Automakers - Topix.net

Wall Street rose at the open on Wednesday, advancing its rally a day after the Dow hit a new record high as hiring by companies rose strongly last month.

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