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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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Barra, Marchionne keynote World Congress

2014-09-08 08:41:36| Automakers - Topix.net

Fiat Chrysler CEO Sergio Marchionne and GM CEO Mary Barra will be keynote speakers at the 2015 Automotive News World Congress here. Marchionne will speak on the evening of Tuesday, Jan. 13, and Barra will address the Congress the following evening, Jan. 14. The theme of the 39th annual Congress is "Setting the Pace in a Thriving Market."

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Marchionne says Fiat Chrysler tie-up with VW was never on agenda

2014-07-23 14:11:02| Automakers - Topix.net

Sergio Marchionne, the CEO of Fiat Chrysler Automobiles quashed all speculation of a possible tie-up with Volkswagen Group today, saying the idea had never been on the agenda.

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To move upscale, Marchionne seeks labor peace in Italy

2014-06-30 14:07:52| Automakers - Topix.net

Fiat Chrysler Automobiles CEO Sergio Marchionne made a surprise return to Italy from the United States last week to solve a labor dispute at the Grugliasco car factory near Turin, where the carmaker is boosting Maserati production as part of a strategy to move upscale.

Tags: move italy labor peace

 

Marchionne embarks upon 2nd decade with ambitious sales plan

2014-06-05 05:56:31| Automakers - Topix.net

Ten years ago, Sergio Marchionne, wearing a formal suit and dark tie, told a crowded Turin press conference he would work hard to pull Fiat SpA back from the brink of bankruptcy.

Tags: plan sales 2nd decade

 

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