Ferrari CEO Sergio Marchionne — who’s also the CEO of some other company — says the Italian automaker’s stable will be full of hybrid technology in three short years.
This isn’t an initiative designed to take Ferrari from red to green. Rather, it’s the only way it can boost sales without running afoul of the law. There’s cash to be made, and Sergio’s on the case.
Shortly after publicly dissing Tesla for the umpteenth time and speculating that electric cars aren’t the future, Fiat Chrysler Automobiles CEO Sergio Marchionne now says he wants to make an electric car.
Well, maybe. If he has to. But it’s probably gonna happen. This EV thing could be big, you know. (Read More…)
Fiat Chrysler Automobiles CEO Sergio Marchionne likes to keep people guessing, which is no surprise to those following the rapid-fire product changes at his company.
With his company’s fortunes buoyed by sales of thirsty Ram and Jeep vehicles, Marchionne remains fascinated and distrustful of electric automaker Tesla, telling Britain’s Car Magazine that the future of propulsion likely lies somewhere else.
The question is, what’s Marchionne doing about it? (Read More…)
Fiat Chrysler Automobiles CEO Sergio Marchionne could be on the cusp of a new (corporate) romance.
The automaker is talking with ride-sharing megaprovider Uber about join forces on a self-driving vehicle venture, according to Automotive News. Sources close to the matter say those talks are in the early phase, but a agreement could be announced before the end of the year. (Read More…)
Look up, waaaay up.
Human redwood and former Canadian junior hockey star Reid Bigland adds yet another set of responsibilities to his resume thanks to an executive shuffle at FCA.
Bigland replaces Harald Wester as CEO of both Alfa Romeo and Maserati brands effective immediately, though Wester retains his Chief Technology Officer position with the group. Both men will continue to sit on the Group Executive Council, which has increasingly insulated Sergio Marchionne from regional brand operations.
It looks like the fling between Google and Fiat Chrysler Automobiles will end up being a brief affair.
Despite partnering with FCA to test autonomous technology on a fleet of Chrysler Pacifica Hybrids, the tech giant says it has no plans to take it further with the automaker, according to Reuters.
Really, it doesn’t mean anything, Google wants other companies to know. Just two self-driving Pacificas passing in the night. (Read More…)
Fiat-Chrysler CEO Sergio Marchionne can see a beautiful future with partner Google, but there’s plenty of fish in the sea, you know.
Speaking in Windsor, Ontario, where Chrysler Pacifica minivan production recently kicked off, Marchionne called FCA’s Google fling the “first phase” of their relationship, but admits to wanting to keep his options open, Automotive News reports. (Read More…)
A dream collaboration has finally become a reality for Fiat Chrysler Automobiles CEO Sergio Marchionne.
After angling for a partnership for over a year, FCA has announced a joint venture with Google’s Self-Driving Car Project. This is the first time the mega company has worked directly with an automaker to test its shadowy autonomous vehicle technology. (Read More…)
Sergio Marchionne added another CEO title to his résumé yesterday, taking control of Ferrari, where the Fiat-Chrysler head already served as chairman.
He replaces former CEO Amedeo Felisa, who retired after 26 years with the company. Felisa remains on the independent automaker’s board of directors, where he will serve as a technical advisor.
Marchionne now has full control of the company he spun off from Fiat Chrysler Automobiles at the beginning of the year. Two years ago, he succeeded former chairman Luca di Montezemolo, who stepped down in protest of Marchionne’s plans for the brand’s future. (Read More…)
Fiat Chrysler Automobiles CEO Sergio Marchionne has a good morning today, after FCA announced boosted profit and earnings spurred by healthy sales in the U.S. and Europe.
First quarter net profits were up from just above the break-even point a year ago to 451 million euros ($539.4 million), according to The Detroit News, with pre-tax earnings up 88 percent to 1.3 billion euros ($1.6 billion). (Read More…)