Post Tagged with: "marchionne"

Read By

FCA wants increased auto industry consolidation

FCA wants increased auto industry consolidation

Fiat Chrysler Automobiles NV’s chief executive officer Sergio Marchionne is increasingly vocal about the need of the auto industry to further intensify its consolidation drive, with his calls largely unanswered so far. Marchionne is starting to look like the “Gandalf” of mergers, after orchestrating the unification between Italy’s Fiat SpA […]

FCA gathers more cash from bonds offering

FCA gathers more cash from bonds offering

Fiat Chrysler Automobiles, the world’s seventh largest automaker, has an ambitious five-year expansion plans that includes investments of almost $50 billion. And because automakers actually don’t have such massive cash hoards lying around, the financing needs to come from some place. For example, the latest move by FAC was to […]

PSA chief says merger negotiations with FCA still not possible

PSA chief says merger negotiations with FCA still not possible

According to chief executive officer Carlos Tavares, any possibility for a merger with another global automaker would only become viable for the second largest European automaker, PSA Peugeot Citroen after its recovery strategy would be completed. The chief executive officer of the ailing automaker, which last year needed a 3 […]

FCA’s Marchionne believes partnership with GM, Ford could be “feasible”

FCA’s Marchionne believes partnership with GM, Ford could be “feasible”

Fiat Chrysler Automobiles, the third largest US automaker and the world’s seventh biggest, has long been rumored to seek additional combinations or partnerships after last year’s merger completion. While the numerous rumors surrounding a possible merger, combination or partnership usually suggested FCA would have great chances at linking with a […]

Europe: Fiat brand to axe mass-market position in the region

Europe: Fiat brand to axe mass-market position in the region

According to Fiat Chrysler Automobiles NV chief executive officer Sergio Marchionne, the company’s namesake Fiat brand will give up for good its position as a mass-market player on the European continent. Marchionne, commenting on the brand’s future on the sidelines of this week’s Geneva International Motor Show in Switzerland says […]

Marchionne continues to increase his FCA stake

Marchionne continues to increase his FCA stake

Fiat Chrysler Automobiles chief executive officer Sergio Marchionne has recently updated his controlling stake in the world’s seventh largest automaker. He now has command over almost one percent of the voting stake thanks to beneficial strategies brought in by stock grant plan, with the company now preparing to become even […]