Sergio Marchionne

Obama: Auto Industry Bailout To Be Repaid To Taxpayers
Obama: Auto Industry Bailout To Be Repaid To Taxpayers

One year ago, America's automakers were facing one of the worst sales slumps to ever hit the industry, the effects of which even caused two of them to file for bankruptcy. In response, the government attempted to bailout struggling firms in the auto industry by providing them with cheap loans...Read More»

General Motors Renaissance Center, Detroit, Michigan
Bailout Successes? GM Pays Off Loans, Chrysler Loses Less

Both General Motors and Chrysler are working as hard as they can to take advantage of the last-ditch bailouts provided last year by the U.S. government. This morning, each issued a separate sign of its progress. GM chief executive officer Ed Whitacre is expected to announce that the company will...Read More»

Maserati Quattroporte Sport GTS
Fiat Reorganizes: Maserati, Alfa Romeo, Abarth May Be Run As One

Sergio Marchionne has big goals for both the Chrysler Group and Fiat S.p.A, including the (re)launch of Fiat and Alfa Romeo in the U.S. and the expansion of Chrysler sales in Europe. In laying the groundwork for those plans, we've heard that Marchionne may merge the Chrysler and Lancia brands by...Read More»

Chrysler-badged Lancia
Chrysler And Lancia Could Merge By 2011

If you followed our coverage from the 2010 Detroit Auto Show, you probably recall the Lancia Delta on display, which had been rebadged as a Chrysler. As it turns out, that car may have been more than a little symbolic of things to come. In an interview with Autocar, Chrysler/Fiat CEO Sergio...Read More»

Guillotine, from Amnesty International's Flickr stream
Bailed-Out U.S. Automakers Give Thanks They're Not French

Lots of people, including Teamsters Union members and Tea Party protesters, seem to have a beef with last spring's bailout and restructuring of the two bankrupt U.S. automakers, General Motors and Chrysler. As our colleague Bengt Halvorson notes, the automakers themselves aren't complaining...Read More»

Sergio Marchionne and Martin Winterkorn
Video, Weekend Reading For VW and Chrysler/Fiat Fans

It's been a very long week here at TCC: our inboxes are packed with press releases and publicity photos from NAIAS, and we're so behind on our news feeds that we'll be lucky to catch up before the Geneva Motor Show in March. At the top of our to-read list, though, are two intriguing profiles of...Read More»

2008 Chrysler Sebring 4-door Sedan Limited FWD Angular Rear Exterior View
Chrysler Ditches The Sebring Name, But Not The Car

Here's the good news: Chrysler is dumping the Sebring. The bad news? It's just dumping the name. Chrysler's CEO Sergio Marchionne understands that the Sebring is not all that it should be. The mid-size sedan has left most critics cold (our own Marty Padgett gave it a 7), and it's been a model...Read More»

Lancia Delta
Rumor: Chrysler To Unveil Lancia-Derived Model At NAIAS

Chrysler is in a tough spot these days: not only is the company still recovering from bankruptcy and adjusting to the habits of its new lifepartner, Fiat, but Chrysler is also struggling to bring its product development arm up to speed after sitting idle for months. To keep consumers interested...Read More»

Fiat's Sergio Marchionne
Marchionne Ready To Leave Chrysler, Next-Gen SL Spotted: Today’s Car News

Sergio Marchionne is currently the CEO of both Fiat and Chrysler but the role keeps him working close to seven days a week and jet-setting between Europe and North America. It doesn’t help that Marchionne also helps run a farm-equipment business. Nor surprisingly, the Italian executive is...Read More»

Fiat's Sergio Marchionne
Marchionne Weighs The Future Of Chrysler, Lancia, Alfa Romeo

One month ago, a popular rumor suggested that Jeep would soon be the only Chrysler brand sold overseas. Now, a contradictory bit of gossip says that Chrysler/Fiat CEO Sergio Marchionne may ditch the Lancia nameplate and sell those vehicles in Europe as Chryslers. There's also talk of potential...Read More»

2010 Saab 9-5
GM On The Fast Track: Saab Sold Or Shuttered By December 31

When the Saab sale to Koenigsegg fell through last week, a variety of sources lay the blame at GM's feet -- specifically, the way those feet were dragging. That same snail's pace approach to business may be partly responsible for Fritz Henderson's abrupt dismissal yesterday. But if a new statement...Read More»

Chrysler ENVI Vehicles
Chrysler Retools Its EV Program, Possibly For The Better

Last week, Chrysler CEO Sergio Marchionne unveiled the company's five-year recovery plan. This week, we've received details about Chrysler's electric vehicle program, which has been given a fairly extreme makeover and a new direction. Most notably, Chrysler's EV development initiative -- known as...Read More»

Logo for the Chrysler Group, LLC
New Chrysler Logo Leaked, Approved By U.S. Patent Office

Today's the Big Day for the Chrysler Group, LLC: the day Sergio Marchionne unveils the new company's five-year recovery plan. Of course, like any CEO worth his bespoke suit, Marchionne understands the importance of being dressed to make a good first impression, so Chrysler has been given a sleek...Read More»

aev jeep j8 civilian 010
Rumor: Jeep To Be The Only Chrysler Brand Sold Overseas

Tomorrow marks the big unveiling of Chrysler's five-year recovery plan. There's been a lot of speculation about the company's new strategy, and now comes a bit more: sources familiar with the recovery document say that CEO Sergio Marchionne will scrap plans to sell most Chrysler brands outside...Read More»

Fiat's Sergio Marchionne
Chrysler Offers Buyout Option To 23,000 U.S. Workers

In just two days, Sergio Marchionne will reveal his five-year recovery plan for Chrysler. While much of that plan revolves around slimmed-down lineups, more focused brands, and new and improved products based on Fiat vehicles, it's also likely to involve some tinkering with Chrysler's workforce and...Read More»

Chrysler headquarters
Chrysler Profitable In Two Years, Says CEO

The recently announced alliance with Fiat notwithstanding, Chrysler's current position in the market is regarded as precarious by buyers and analysts alike. New CEO Sergio Marchionne is more optimistic, however, stating that Chrysler will be profitable within the next two years. Early next month...Read More»

chrysler 300c srt
Fiat Laying The Groundwork For Chrysler's European Future

Fiat may have concerns about its new bride's housekeeping and checkbook-balancing skills, but it's making aggressive plans for Chrysler's future in Europe, and CEO Sergio Marchionne has announced that Euro-market Chryslers will soon be manufactured at an Italian facility Fiat acquired from Bertone...Read More»

Jim Press
Report: Jim Press Leaving Chrysler Deputy CEO Position

  It's not uncommon for a new buyer to clean house of the old executive staff when a company changes hands. That's more or less what happened at Chrysler once it emerged from bankruptcy and went under Fiat's wing. But one lone senior executive, former vice-chairman and president Jim Press...Read More»

2009 Dodge Viper
Future Dodge Viper Might Get Ferrari-based V-10

Chrysler last year tried to sell its Viper sports car—production facilities, tooling, and all—and failed. But the Viper isn't dead yet. If the rumors are right, the Viper might be very much alive in the company's future-product plans—and getting its own Ferrari/Maserati-derived engine. Fiat...Read More»

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