Post Tagged with: "marchionne"

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Following VW dieselgate, FCA’s Marchionne believes industry consolidation is even more important

Following VW dieselgate, FCA’s Marchionne believes industry consolidation is even more important

Fiat Chrysler Automobiles NV chief executive officer Sergio Marchionne believes Germany’s Volkswagen AG and its massive diesel scandal have showed the world that industry-wide consolidation is desperately needed to lower costs. Marchionne, the outspoken chief executive of FCA and chairman of its soon to become independent luxury sports car maker […]

Report – Ferrari’s IPO is now oversubscribed

Report – Ferrari’s IPO is now oversubscribed

Ferrari NV’s upcoming 10 percent holding initial public offering has seen the interest from investors in the luxury supercar maker higher than the bulk of shares available throughout its price range. According to people that have knowledge of the matter and talked under condition of anonymity with Bloomberg, investor interest […]

Is the Daimler – Renault Nissan partnership a possible target for alliance hungry FCA?

Is the Daimler – Renault Nissan partnership a possible target for alliance hungry FCA?

Fiat Chrysler Automobiles chief executive officer Sergio Marchionne might one day grow tired of waiting patiently for General Motors to come to the negotiations table and look for a merger elsewhere. Marchionne has been very adamant and outspoken about the need for the automotive industry to further consolidate – much […]

FCA – GM alliance is a “high priority” for chief executive Marchionne

FCA – GM alliance is a “high priority” for chief executive Marchionne

Fiat Chrysler Automobiles leader Sergio Marchionne recently said its proposed merger with larger rival General Motors was his “high priority” and the agreement would deliver strategic opportunities to the seemingly unwilling future partner. The Italian-American automaker has already delivered a proposal to meet and discuss terms but the General Motors […]