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Browse Sergio Marchionne articles

Marchionne Apologized to All Italian-Americans for Using the Term “Wop”


Fiat and Chrysler CEO Sergio Marchionne apologized to Italian-Americans after the used the word ‘wop’ at a press conference in January. “I used the term ‘wop engines’ to refer to powertrains that would be used in the Alfa Romeo range,” Marchionne said in a letter to the Italian-American One Voice Coalition dated May 15. “The term was used in jest, by ...
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More Sergio Marchionne articles

Sergio Marchionne’s Challenger grabs $175,000
The custom Dodge Challenger SRT8 owned by Sergio Marchionne was recently auctioned at the Barrett-Jackson, last weekend, for 175,000 USD. The Chrysler CEO Sergio Marchionne has decided to say goodbye to ...
Fiat Relies on Germany to Boost Sales
As auto sales in Italy are expected to drop 21% to 1.11 million vehicles this year, Fiat plans to boost sales in Germany, by offering steeper discounts. But the German market ...
Fiat Expects Low First Quarter Earnings
Fiat expects first quarter earnings to drop as the US auto market cannot fully balance the loss in the European market. Fiat CEO Sergio Marchionne said the automaker will keep its ...
Sergio Marchionne auctioning his Challenger SRT8 for charity
The Chrysler CEO Sergio Marchionne will auction his 2011 Dodge Challenger SRT8 392 for charity next month, in Palm Beach Florida. The company’s official will say goodbye to his beloved 2011 ...
Chrysler Gave CEO Marchionne $1.2M in 2012 in Stock Awards
Chrysler’s CEO Sergio Marchionne received $1.2 million in 2012 and four other top executives were offered bonuses that more than double their compensation from 2011. Marchionne’s compensation included $1.1 million in ...
Marchionne Said Fiat Close to Agree With VEBA on Price for Chrysler’s Shares
Fiat CEO Sergio Marchionne said the automaker might agree with VEBA on a price for the 41.5% stake in Chrysler. Fiat and VEBA, Chrysler's minority shareholder, have failed to reach a ...
Marchionne Confirms Fiat’s 2013 Targets at Geneva Motor Show
Today, March 5th, Fiat and Chrysler CEO Sergio Marchionne, present at the Geneva Motor Show, confirmed the Italian automaker’s 2013 profit targets. "I don't see any glimmer of hope [for a ...
Sergio Marchionne Sees 50% Chance Chrysler Will Go Public
Sergio Marchionne announced he sees a 50% chance Chrysler will go public, but that he still prefers to see Fiat and Chrysler fully merged. "My preference is to be one single ...
Report: Chrysler to announce major investment at its Kokomo transmission plant
Chrysler is expected to announce 250 new jobs and a major investment Thursday at its transmission and metal casting plants in the Kokomo, Indiana, area. According to a report from the ...

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Chrysler Urges Senate Finance Committee to Speed Trade
Chrysler urged a Senate Finance Committee to approve the legislation which will help the automaker speed parts and vehicles shipments ...
VW and Ford Make Donations for Oklahoma Residents Affected by Tornadoes
VW and Ford make donations to help those affected by the tornadoes which hit Oklahoma this week. Volkswagen of America Foundation ...
Italian Government Presses Marchionne Not to Move Fiat to the US
The Italian government will try to convince Sergio Marchionne not to move Fiat and Fiat Industrial from the country. Industry Minister ...
Peugeot Expects Auto Market in Europe to Stabilize at Low Level
PSA Peugeot Citroen said that demand for new vehicle in Europe has begun to stabilize after deliveries increased last month ...
Button not committing to McLaren’s Honda era
May 22 (GMM/Inautonews.com) Jenson Button on Wednesday refused to commit to McLaren for the beginning of the Honda era ...
Tesla Repaying Loan Gives Obama Biggest Green Win
Tesla paying back the Energy Department loan gives President Barack Obama the biggest win when it comes to his green-energy ...
Daimler and Aston Martin Might Become Partners
Daimler announced it has begun talks with Aston Martin about a possible partnership between the two automakers. The German automaker did ...
Daimler Might Sell German Dealerships to Cut Costs
Daimler might sell four Mercedes-Benz dealerships located in Germany to be able to cut costs and close a profitability gap ...
Lada Niva is renamed the Lada Taiga
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Renault Megane RS Red Bull Racing RB8 announced
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GM Transfers Finance Jobs to Detroit From New York
GM announced its plans to move 70 finance jobs from New York to Detroit by mid-2014. For decades GM’s treasury office ...
2014 Subaru Legacy and 2014 Outback get priced in the U.S.
Subaru has recently announced the official price lists for the 2014 Legacy and 2014 Outback in the United States. According to ...
Ford Fights High Labor Costs in Canada, GM Transfers Production to the US
Ford, which is the best-selling automaker in Canada, is confident that it will be able to keep its manufacturing profile ...
Malaysia: New Mercedes-Benz A-Class generation teased
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Meet the 2015 BMW M3
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GM and NADA Help Oklahoma Dealerships’ Employees Affected by the Tornado
GM and the National Automobile Dealers Association began helping dealers affected by the Monday’s tornado in Oklahoma. "NADA is working with ...
[VIDEO] Porsche Cayman gets new promo
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China police gets new Skoda Rapid
The Chinese police department has recently received a new vehicle, a Skoda Rapid, which will be used to fight crime ...