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Fiat's Marchionne sticks to 2014 guidance

2014-09-11 17:12:02| Automakers - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne said today that he saw no reason at present to review the carmaker's 2014 financial guidance despite weakness in Europe and Latin America. "I have no [basis for] suggesting I won't [meet guidance]," Marchionne told reporters during an event, adding that Fiat traditionally only reviews its guidance once the third quarter is over.

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Fiat's Marchionne to become new Ferrari chairman after Montezemolo quits

2014-09-10 11:32:37| Automakers - Topix.net

Luca Cordero di Montezemolo will step down as chairman of Ferrari as of Oct. 13 and will be replaced by Sergio Marchionne, who also serves as the chief executive of parent group Fiat The departure of Montezemolo, announced by Fiat on Wednesday, was widely expected after escalating clashes between the two executives over strategy and the role of the luxury sports car business within the Fiat group. Fiat shares were up 2.4 percent by 0721 GMT , against a 0.1 percent fall for Milan's blue-chip index .

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Maserati seen as Fiat's main driver of growth

2014-07-16 05:21:18| Automakers - Topix.net

The newly merged Fiat Chrysler Automobiles presented - not long ago - a very ambitious five-years business plan that called for unprecedented advances in sales and earnings.

Tags: main growth driver maserati

2015 Volvo XC70, Fiat's Five-Year Plan, MonkeyParking App: What's New @ The Car Connection

2014-05-09 17:35:35| Automakers - Topix.net

From The Car Connection : 2015 Volvo XC70 Review The 2015 Volvo XC70 soldiers on for another model year as the last of the traditional Volvo upright, square-tailed wagons--albeit wearing more than a little bit of crossover styling.

Tags: plan car connection app