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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
  • 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...
  • Ram truck sales power Chrysler Group's second quarter profit

    Matching a trend set last week by its domestic rivals, Chrysler Group reported healthy second quarter earnings Tuesday, helped by the strong U.S. auto market and a boom in profitable truck sales. The Auburn Hills, Mich., automaker said it posted...
  • Chrysler Group plans to resume trading its shares on stock market

    Chrysler Group plans to resume trading its shares on stock market
    Chrysler Group filed plans Monday to resume trading its shares on the stock market, part of a high-stakes game its parent company, Fiat, is playing against a big union trust. The stock sale would not be a normal initial public offering, in which a...
  • Chevy Corvette has major advantages over Chrysler's Viper

    Chevy Corvette has major advantages over Chrysler's Viper
    It's no shock that sales of Chrysler's new Viper are a fraction of Chevrolet Corvette's. The differences between Viper and 'Vette are profound, and they say a lot about conditions at Chrysler and General Motors when the companies developed America's top...
  • Chrysler goes Italian as Fiat pays $4.35 billion for full control

    Italian automaker Fiat plans to take full control of Chrysler Group by buying out the shares held by a United Auto Workers union-controlled trust fund. The union and Fiat reached a deal on New Year’s Day for the automaker to acquire the 41.5% of...
  • American idle? Automakers upgrade perspective on Millennials

    American idle? Automakers upgrade perspective on Millennials
    DETROIT, Jan 16 (Reuters) - Young U.S. consumers want vehicles outfitted with expensive technology that boosts gas mileage and keeps them safe and connected, according to a survey published on Thursday. But the high cost of car ownership remains a...
  • Automakers stay cozy in U.S. capital

    Nothing seemed to underscore the revolving door between federal regulators and the companies they regulate as vividly as the two milestones marked on Jan. 17 at the National Highway Traffic Safety Administration. One was NHTSA's announcement that it was...
  • GM Makes Detroit Three History With First Female CEO

     
    Back in September, GM CEO Dan Akerson told a leadership diversity conference that it's "inevitable" a woman would eventually lead one of the Detroit Three automakers. Today, GM made that official. Mary Barra, who heads up global product development,...