Sergio Marchionne

CBS' 60 Minutes sat down with Chrysler CEO Sergio Marchionne last night to discuss the automaker's resurrection and the touch-and-go period in 2009 when the Fiat executive began talks with the federal government over a controlled Chrysler bankruptcy. Marchionne said that when he arrived at ...

Remember when we told you that Sergio Marchionne didn't receive a paycheque from Chrysler during 2011? As it turns out, it's because he was busy raking in the big bucks from Fiat. Automotive News reports that Marchionne earned 14.5 million euros ($19.5 million Cdn.) in 2011. The pay includes ...

Chrysler has filed its annual financial report with the Security and Exchange Commission, and a few important tidbits have thus been revealed. For instance, company CEO Sergio Marchionne was paid exactly zero dollars last year in compensation for the role he played in rescuing Chrysler from the ...

Fiat spent much of 2011 jousting with Italian labor unions over contracts and plant security. The matter was finally resolved in December when Fiat signed new labor agreements, but a sign of Fiat's take on the matter was its departure from Confindustria, an Italian business group, over concerns ...

Word has it Chrysler is looking to establish a base of operations in downtown Detroit in a move that would strengthen its "Imported from Detroit" image. The company is based in Auburn Hills, Michigan, a short hike from downtown proper, but reports say the automaker has signed a lease for 1,850 ...

Chrysler employees received some good news this week. The automaker announced it would issue profit-sharing checks worth $1,500 to each of its hourly workers for the first time since 2005. The company posted a US$183 million profit for 2011, marking the first time the company has avoided a loss ...

Don't cry for the Dodge Avenger just yet. According to USA Today, Chrysler is set to introduce new midsized sedans to replace both the Chrysler 200 and the much-maligned Dodge Avenger. The vehicles will be built on a version of the same platform that underpins the 2013 Dodge Dart. That news runs ...

When Fiat pronounced that it was planning to sell 50,000 Fiat 500 models in 2011, we were more than a little skeptical. And now that 2011 is in the rear view mirror, it seems CEO Sergio Marchionne is ready to admit that the sales target was not very realistic. CNN Money reports that the ...

Fiat/Chrysler sold about 4.2 million cars in 2010, and company CEO Sergio Marchionne expects to improve that by more than 33 per cent come 2014, predicting sales of 5.7 units that year (analysts, on the other hand, predict average Fiat/Chrysler sales of 4.9 million in 2014). Operating profit for ...

Chrysler CEO Sergio Marchionne has big plans for the Ram Dakota. Inside Line spoke with Marchionne at the 2012 Detroit Auto Show, and the besweatered executive said there is a good chance the next-generation Dakota will likely ride on a unibody chassis. That would mark a serious departure from ...