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Seattle Post-Intelligencer (Free subscription) | 12/08/2009
WASHINGTON -- Sergio Marchionne, who has crisscrossed the Atlantic since last summer running Italian automaker Fiat and U.S. carmaker Chrysler, said Monday he expects to divide his leadership role at the companies within two years.
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Market Watch (Free subscription) | 11/20/2009
MADRID (MarketWatch) -- Italian automaker Fiat was cut to neutral from buy on Friday at UBS, which said it sees lower equity value for Chrysler. UBS said it continues to see value in Fiat as an agent of transformational change and not owning it is akin to a "risky bet against structural change in European autos." UBS said it has cautious views on auto demand in...
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Daily Tech (Free subscription) | 11/17/2009
... USD in bailout money to date, remained silent on the harsh remarks, refusing comment. The CEO of Italian automaker Fiat SpA, Sergio Marchionne, has taken over as new CEO and seemed optimistic in a five year vision presentation earlier this month. Fiat took on a 20 percent stake in Chrysler and hopes to help turn the struggling American automaker around.While Chrysler...
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Green Car Congress (Free subscription) | 11/03/2009
... just four brands; that Ford Motor Co’s debt load is very manageable; but warned that he believes Italian automaker Fiat SpA has a less than 50% chance of turning around Chrysler.
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CNNMoney.com (Free subscription) | 11/01/2009
... depending on operational needs. The company said termination dates would be at its discretion.The automaker said special programs were being offered at facilities that are being forced to close as a result of the bankruptcy process that occurred earlier this year. The deadline for accepting those programs depends on the facility, Chrysler said.Chrysler emerged from Chapter 11 bankruptcy...
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Miami Herald (Free subscription) | 10/31/2009
AP Source: New management plans Chrysler price cutBy TOM KRISHERAP Auto WriterDETROIT -- Coming to your local Chrysler, Dodge or Jeep dealer: Tractor-trailers full of cars and trucks with lower sticker prices.The big discounts are part of new CEO Sergio Marchionne's attempt to revive the Detroit company the way he did Italian automaker Fiat.His five-year plan for Chrysler Group...
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Seattle Post-Intelligencer (Free subscription) | 10/30/2009
Last updated October 30, 2009 3:56 p.m. PTAP Source: New management plans Chrysler price cutBy TOM KRISHERAP AUTO WRITERDETROIT -- Coming to your local Chrysler, Dodge or Jeep dealer: Tractor-trailers full of cars and trucks with lower sticker prices.The big discounts are part of new CEO Sergio Marchionne's attempt to revive the Detroit company the way he did Italian automaker Fiat.His...