Sergio Marchionne

Marchionne exposed in FBI corruption probe, sources say

Fiat Chrysler CEO Sergio Marchionne failed to tell investigators about expensive watch given to UAW leader during conspiracy, sources say.

Corruption

Raikkonen’s new contract details leaked

According to F1only, sources close to Ferrari have confirmed Kimi Raikkonen will get a new two-year contract with the Maranello outfit and the deal …

Kimi Räikkönen

The Leader of the Future: Why Sergio Marchionne Fit the Profile

The late Marchionne ran Fiat Chrysler with an eccentric, unorthodox style and a passion for complex problems. New research suggests he was ahead of his time.<p>The primary purpose of Fiat Chrysler’s investor conference on June 1 was to roll out the auto maker’s latest five-year plan. First, however, …

Leadership

Wolff: Arrivabene will bring his new bosses up to speed

<b></b><b>Mercedes chief Toto Wolff has given insight into the influence of late Ferrari chief Sergio Marchionne’s in recent negotiations with Liberty Media</b> …

Motorsport

How corporate leaders should deal with intimations of mortality

August 07, 2018 5:00 AM<br>Death and disease are the last corporate taboos, as the passing of Mr Sergio Marchionne, chief executive of Fiat Chrysler …

Opinion

Why Sergio Marchionne's successor has such big boots to fill at Fiat Chrysler

Sergio Marchionne, Fiat Chrysler’s former CEO, was renowned in the car industry for succeeding in adverse circumstances. After his sudden death, he …

Economy

Luxury News

The later cars usually don't get much attention.<p>The list is a bit of a mixed bag.<p>Louis Camilleri tries to reassure investors.<p>Posts record quarterly loss, plans to reverse it by tripling output in Q3.<p>Play Pole Position with the steering wheel, then enjoy Camping mode.<p>Take a look at the LC-inspired …

Auto Tariffs

Why Ferrari Shares Plunged 11% Today

A new CEO's stumble sent already-nervous investors running to the exits.<p>What happened<p>Shares of Italian supercar maker <b>Ferrari N.V.</b> (NYSE:RACE) fell …

Investing

$30,000 Ferrari book costs more than most cars

You’re not supposed to judge a book by its cover, but sometimes the cover is the point.<p>“Il Fascino Ferrari” is a new collector’s edition coffee table book about the Italian automaker that has its own coffee table. Kramer would approve. But perhaps not of the price.<p>The 514-page photograph-filled …

Automotive Industry

'Sergio saved Windsor'

When I read about the passing of Sergio Marchionne last week, I paused to reflect on the respect we have for what he has accomplished.I truly believe …

Fiat Chrysler

Michigan memorial service is set for Fiat Chrysler's Sergio Marchionne

A memorial service for the late Fiat Chrysler Automobiles CEO Sergio Marchionne is being planned for next month in Auburn Hills.<p>So far, only limited …

Fiat Chrysler

New Ferrari CEO Calls Target Set by Marchionne 'Aspirational' – Bloomberg

New Ferrari CEO Calls Target Set by Marchionne 'Aspirational'<p>New Ferrari CEO Calls Target Set by Marchionne 'Aspirational'<p>New Ferrari CEO Calls …

Tariffs

Fast Porsches and gold BMWs

We also discuss Sergio Marchionne<p>On this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Associate Editor Reese Counts and Contributing Editor James Riswick. The trio discuss driving the BMW X2, the Porsche 911 GT3, the Volkswagen GTI and <i>Autoblog</i>'s new long-term Kia Stinger GT …

Kia Stinger

Ferrari -9% after Marchionne targets reeled back

Ferrari (NYSE:RACE) falls sharply after the automaker's new chief calls the targets laid out by ex-CEO Sergio Marchionne on the "aspirational" …

Business

Ferrari's New CEO Sticks With Sergio Marchionne's Targets

Ferrari NV’s new chief executive officer is keeping full-year financial goals at the supercar maker after profit jumped 7 percent in the final …

Automotive Industry

Login

Marchionne's missiles<p>Sergio Marchionne launched juicy quotes with a damn-the-torpedoes gusto rare in the corporate world. Here are some of his most …

Sergio Marchionne

Ferrari stock dives after CEO says targets 'aspirational'

MILAN (AP) — Shares in sportscar Ferrari tanked Wednesday after the new CEO told analysts that an annual revenue target set by the late former chief …

Philip Morris

Ferrari profits rise in second quarter as sales grow

Sports carmaker Ferrari saw an 18 percent rise in second-quarter profits as deliveries continued to grow.<p>Ferrari said Wednesday that its net income for the three months through June was 160 million euros ($187 million), up from 136 million euros in the same period a year earlier. Sales volumes grew …

Business

New Ferrari CEO Promises Stability As Investors Remain Edgy

Under what he described as “difficult, emotional circumstances”, new Ferrari CEO Louis Camilleri reported second quarter adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of 290 million euros ($339 million)–a 7% increase over the April-June period a year ago. Camilleri …

Investing

Sergio Marchionne Shows Why Boards And CEOs Need To Plan For Succession Now

Like many, I was very saddened to read about the sudden death of Sergio Marchionne, the illustrious and outstanding CEO of Fiat Chrysler who stepped down from his position only days before he passed. Marchionne orchestrated a turnaround at not one car company, but two, and then combined them to …

CEOs

Tobacco Veteran Louis Camilleri to Lead Ferrari Post Sergio Marchionne

Sergio Marchionne had nearly tripled Ferrari's value since taking it public in 2015.<p>Ferrari's new boss Louis Camilleri has big shoes to fill but the …

India News

Investors want answers about Marchionne’s final days

Fiat Chrysler was reportedly kept in the dark about his illness<p>The mystery of Sergio Marchionne's surprise death last week continues, with investors now questioning the timeliness of disclosures by the company and family. <i>Bloomberg</i> reports that Italy's market regulator is making a routine check into …

Investing

How Sergio Marchionne won the hearts of journalists by breaking PR rules

Fiat Chrysler Automobiles CEO Sergio Marchionne was not one to be controlled. He couldn’t be scripted. He said what was on his mind. And in the …

Journalism

Sergio Marchionne's Blueprint for Saving Italy

“Unhappy is the land that needs a hero,” wrote Bertolt Brecht in Life of Galileo. But there are times when countries and companies do need someone to step up; when the situation is so dire that only a radical makeover will do.<p>Sergio Marchionne, who died last week at the age of 66, was that person …

Market Capitalization

Death of Fiat Chrysler chief focuses spotlight on CEO health

MILAN (AP) — Fiat Chrysler's late founding CEO Sergio Marchionne was a notorious workaholic who regularly slept on a corporate jet while landing in the headlines for his shrewd deal-making. Despite his very public profile, he kept a secret even from his board: he'd been seriously ill for more than …

Finance

Sergio Marchionne: From outsider to maverick visionary

In an industry that has traditionally produced its own senior executives, Sergio Marchionne was definitely an outsider.<p>But this clearly proved no impediment as tributes poured in from both sides of the Atlantic for a man credited with rescuing two ailing car giants – Fiat and Chrysler – who died …

Harvard Business School

Marchionne’s shoes impossible to fill - Wolff

Mercedes Formula 1 boss Toto Wolff has paid a glowing tribute to the late former Ferrari head Sergio Marchionne, adding his “shoes will be impossible …

Motor Racing

Tesla Model 3 reviews, Sergio Marchionne's death, Niro Plug-In test, A-Class aero: The Week In Reverse

<i>How well did the Model 3 Performance perform in its first batch of reviews?</i><p><i>Which big oil company ExxonMobil left the ALEC political conference?</i><p><i>This</i> …

Tesla Model 3

Fiat Chrysler says it did not know about Marchionne's illness

Hospital says it had been treating him for more than a year<p>ZURICH/MILAN — Fiat Chrysler said it knew nothing about the medical condition of Sergio Marchionne after a Swiss hospital said on Thursday it had been treating the deceased chief executive for more than a year.<p>"Due to medical privacy, the …

Autos

Trump Organization finance chief Allen Weisselberg called to testify before federal grand jury

Allen Weisselberg, a longtime financial gatekeeper for President Donald Trump, has been subpoenaed to testify before a federal grand jury in the …

Donald Trump