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Sergio Marchionne

A collection of news and information related to Sergio Marchionne published by this site and its partners.

Top Sergio Marchionne Articles

Displaying items 23-33
  • Expenses from Fiat merger topple Chrysler into first-quarter loss

    Expenses from Fiat merger topple Chrysler into first-quarter loss
    Expenses associated with Chrysler Group’s merger with Fiat dragged the U.S. automaker into a loss in the first quarter. Chrysler said Monday that it lost $690 million in the period compared with a profit of $166 million in the same quarter a...
  • Fiat Buys the Rest of Chrysler: What It Means to You

     
    In a $4.35 billion deal announced Wednesday, Italian automaker Fiat reached an agreement to purchase the remaining 41.5 percent of Chrysler from a United Auto Workers health care trust. It's a deal five years in the making, and one that......
  • Car Shopping? These Models May be Worth the Wait

     
    Thinking of buying a new car this month? If you're shopping a few best-sellers, you might want to wait. Dealers have sold off most of last year's inventory ??? 2013s accounted for just 21.1 percent of Cars.com new-car inventory as......
  • More Electric Cars Than Ever, Still Not Available Everywhere

     
    As more manufacturers introduce electric cars, these battery-powered vehicles are becoming something people see on the road every day. At least in some parts of the country, they are. More Alternative Fuel News The number of purely electric vehicles...
  • When Can You Buy Stock in Fiat Chrysler Automobiles?

     
    You can buy Fiat stock right now, but the exact date of when the recently merged Fiat Chrysler Automobiles will offer its own shares remains up in the air. CEO Sergio Marchionne told reporters on March 14 that the automaker,......
  • New Global Parent Company Dubbed Fiat Chrysler Automobiles

     
    With the stated intention of establishing itself as a true global automaker, Fiat's board of directors today announced a corporate reorganization creating a parent company over all its operations, which include both the Fiat brand and Chrysler. Fiat...
  • World's first Corvette Stingray convertible sells for $1 million

    World's first Corvette Stingray convertible sells for $1 million
    No stranger to auctioning off rare cars for charity, Barrett-Jackson on Friday afternoon sold the world’s first 2014 Chevrolet Corvette Stingray convertible for $1 million, including commission. The car’s new owner is no stranger to charity...
  • Tesla drives California environmental credits to the bank

    When Tesla Motors reports its first-ever profit Wednesday, much of the money will come courtesy of the state of California. In its zeal to push electric cars into the market, the state has created a system in which Tesla can make as much as $35,000...
  • Fiat moving to the U.S.? Chief has hinted at why it might make sense

    Fiat moving to the U.S.? Chief has hinted at why it might make sense
    Reports out of Europe suggest that Fiat SpA, the 114-year-old Turin, Italy-based automaker, has a headquarters move to the U.S. under consideration. If it happens, the move would likely occur after Fiat's planned merger with Chrysler Group. It would...
  • Strong demand for electric vehicles leaves supplies short

    If you've been enticed by the recent spate of cheap lease deals on electric cars, good luck finding one. Southern California dealers are seeing heavy demand for battery-powered cars, now leasing for as little as $199 a month. Fiat's new 500e has waiting...
  • Chrysler's first-quarter profits dip, expenses for new models rise

    Chrysler's first-quarter profits dip, expenses for new models rise
    Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million. The automaker’s earnings were hurt by higher expenses to launch new models and slower business in Europe and South America.  Revenue fell 6% to $15.4 billion...