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Fiat-Chrysler as one, to settle in the Netherlands

Fiat-Chrysler as one, to settle in the Netherlands

DETROIT, Jan. 29 (UPI) -- Fiat Chrysler Automobiles NV said Wednesday its new corporate headquarters would be in the Netherlands.
Fiat-Chrysler, Ford No. 1 brand for 4th year, gas prices

Fiat-Chrysler, Ford No. 1 brand for 4th year, gas prices

It took years to work out, but Italy's industrial giant, Fiat, finally reached agreement to buy the 41.5 percent of Chrysler LLC it did not own.
AL SWANSON, UPI Auto Writer
Fiat's $4.35B Chrysler deal creates 'global automaker'

Fiat's $4.35B Chrysler deal creates 'global automaker'

AUBURN HILLS, Mich., Jan. 2 (UPI) -- Fiat SpA's $4.35 billion deal to buy the rest of Chrysler Group LLC will let the combined U.S.-Italian company become a "global automaker," Fiat's chief said.
Chrysler plans to go public in IPO

Chrysler plans to go public in IPO

CHICAGO, Sept. 29 (UPI) -- Four years ago a betting man would have risked even money that Chrysler would disappear, but four years later Chrysler Group is planning to go public.
AL SWANSON, UPI Auto Writer

U.S. automaker Chrysler files to go public

DETROIT, Sept. 23 (UPI) -- Resurgent automaker Chrysler is ready to test its fate with a public stock sale, paperwork filed with the U.S. Securities and Exchange Commission says.
Former auto czar Ron Bloom advising Fiat

Former auto czar Ron Bloom advising Fiat

DETROIT, Sept. 20 (UPI) -- Former U.S. auto czar Ron Bloom is advising the head of Fiat, Sergio Marchionne, on a deal with the United Auto Workers, sources told The Wall Street Journal.

CEO says Alfa Romeo production could move out of Italy

TURIN, Italy, July 30 (UPI) -- The top executive at Italian automaker Fiat, unhappy with labor conditions in Italy, said Alfa Romeo sports car production could be moved elsewhere.
Fiat exercises option to buy 3.3 percent of Chrysler

Fiat exercises option to buy 3.3 percent of Chrysler

TURIN, Italy, July 8 (UPI) -- Italian automaker Fiat said it had exercised an option to buy 3.3 percent of Chrysler's outstanding shares Monday, a price disagreement notwithstanding.
Crash tests for Jeeps, fuel cells and a muscle car

Crash tests for Jeeps, fuel cells and a muscle car

Auto safety advocates are calling for government regulators to crash-test older model Jeeps to make sure protective trailer hitches actually protect occupants.
AL SWANSON, UPI Auto Writer

CEO Marchionne apologizes for ethnic slur

DETROIT, May 21 (UPI) -- A group representing Italian-Americans said an apology from the head of Chrysler and Fiat for use of a derogatory term was "heartfelt."

Fiat chief hints of move to Motown

DETROIT, May 17 (UPI) -- The head of Italian automaker Fiat and U.S. auto producer Chrysler is dropping hints that Fiat's headquarters could be moved to the United States.
The end for the Coda EV

The end for the Coda EV

Never heard of Coda Automotive? Don't feel too bad.
AL SWANSON, UPI Auto Writer

U.S. auto execs reap rewards from recovery

DETROIT, March 9 (UPI) -- Alan Mulally has acquired holdings worth $317 million in six years as Ford Motor Co. chief executive officer, U.S. analysts said.
Detroit Three improving in dependability

Detroit Three improving in dependability

The Chicago Auto Show wrapped up a 10-day run President's Day, and while final attendance numbers aren't in, organizers said it remains the best attended auto show in the United States.
Carmakers banking on traditional gasoline engines for near future

Carmakers banking on traditional gasoline engines for near future

Of all the new cars and concepts unveiled at the North American Auto Show in Detroit only a handful are all-electric or hybrids.
AL SWANSON, UPI Auto Writer
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Photos
Sergio Marchionne
CEO of Fiat and Chrysler Sergio Marchionne speaks before a luncheon meeting on the outlook for the auto industry and the trade and investment relationship between the United States and Europe at the Peterson Institute for International Economics in Washington on December 7, 2009. UPI/Madeline Marshall
Wiki

Sergio Marchionne (born June 17, 1952 in Chieti, Italy) is an international manager best known for his turnaround of the Italian automotive group Fiat and, more recently, for managing the US automotive group Chrysler from bankruptcy to profitability. Marchionne currently holds several roles of major importance, including serving as CEO of Fiat S.p.A., Chairman and CEO of Chrysler Group LLC, and Chairman of Fiat Industrial S.p.A. and its principal subsidiary CNH. He has also served two consecutive terms as Chairman of the European Automobile Manufacturers Association (first elected in January 2006). He is the Chairman of Swiss-based SGS and was a member of the Board of Directors of the global banking group UBS for a number of years up to 2010, appointed Vice Chairman (non-executive) in February 2008.

Marchionne is widely recognized for turning around Fiat Group to become one of the fastest growing companies in the auto industry, returning it to profitability in 2006 less than two years after taking the helm. In 2009, he was instrumental in Fiat Group forming a strategic alliance with the ailing US automaker Chrysler, with the support of the US and Canadian governments and trade unions. Less than 2 years later, following its emergence from Chapter 11, Chrysler returned to profitability (Q1 2011) and repaid all government loans (May 2011). Under Marchionne's leadership, Fiat and Chrysler have come together to create a leading global player in the automobile sector, leveraging the product portfolios, purchasing power and distribution capabilities of both partners.

In addition to returning Italy's number one industrial group to financial health, Marchionne has also been a major protagonist for change in industrial relations in Italy, with the model established at several group plants precipitating a shift (including legislative) toward the practice of regional and local bargaining over the traditional model of national agreements.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Sergio Marchionne."
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