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Ferrari's value to exceed $11 billion in IPO, Marchionne says
2015-07-04 09:34:04| Automakers - Topix.net
Maximizing the value of Ferrari through an IPO is crucial to funding a 48 billion-euro investment plan aimed at lifting Fiat Chrysler's global deliveries to 7 million cars by 2018. Photo credit: BLOOMBERG -- Sergio Marchionne, CEO of Fiat Chrysler Automobiles NV, expects the company's Ferrari supercar unit to be valued "at least" at $11 billion in an initial public offering scheduled this year.
Marchionne 'Speed Dating' Spurs Scattergun Takeover Speculation
2015-06-14 13:37:36| Automakers - Topix.net
As a former European Automotive correspondent for Reuters, I've a spent a few years writing about the industry. I will penetrate the corporate hype and bluster and find out how these gigantic enterprises are really doing.
Tags: speed
dating
speculation
spurs
Marchionne now considering 'Plan B' partners for FCA merger
2015-06-11 21:09:46| Automakers - Topix.net
Okay Sergio, just stop. With the sting of rejection from General Motors CEO Mary Barra still fresh, Fiat Chrysler Automobiles CEO Sergio Marchionne is moving on and trying to find another automaker to merge with.
Tags: plan
partners
merger
marchionne
FCA's Marchionne goes against a history of unsuccessful alliances
2015-06-05 10:44:42| Automakers - Topix.net
The chief executive officer of Fiat Chrysler Automobiles NV, Sergio Marchionne, has been preaching relentlessly about the need for the automotive industry to further consolidate, but his drive also goes against a history of failed attempts. Actually, if the lessons history teaches us are finally listened, Marchionne would know what his rivals at GM or Ford already know too well - tie-ups, mergers and alliances have around 50 percent chances of success, sometimes even lower.
Tags: of
history
alliances
unsuccessful
Perhaps Marchionne is Right: Is it Time to Consolidate Automakers?
2015-05-29 01:09:02| Automakers - Topix.net
Fiat Chrysler CEO Sergio Marchionne emailed General Motors CEO Mary Barra in March with a proposal to consolidate the two automakers, The New York Times business section reported last Sunday . Never mind that something like that almost happened after the government pulled the two automakers into bankruptcy reorganization, but Marchionne stepped in and folded Chrysler into Fiat instead.
Tags: to
time
consolidate
automakers
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