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GM’s bombshell lawsuit against FCA alleges years of corruption and includes claims about a failed 2015 merger
GM alleged that this racketeering scheme corrupted UAW labor agreements in 2009, 2011, and 2015, and that FCA's leadership was central to the scheme.
A merger would conclude a massive financial-engineering project undertaken by the late FCA CEO Sergio Marchionne and Fiat scion John Elkann.
Fiat Chrysler’s business is already complicated — a merger with Renault would make it even more challenging
On its face, the proposed merger looks like a tie-up of Fiat and Renault, companies that have struggled as the industry has witnessed surging sales.
Former Fiat Chrysler CEO Sergio Marchionne had reportedly been undergoing treatment for an illness a year before his death
The Wall Street Journal reported a statement from University Hospital Zurich saying that former FCA and Ferrari CEO Sergio Marchionne had been undergoing treatment before passing away on Wednesday. FCA issued a statement saying that it was unaware of the seriousness of Marchionne's illness.
Former Fiat Chrysler and Ferrari CEO Sergio Marchionne has died after complications following surgery — here are some of the biggest risks peopl...
Former Ferrari and Fiat Chrysler CEO Sergio Marchionne, an auto industry legend, has died at age 66 after having shoulder surgery. Although surgical procedures are common, it's important to remember that there are serious risks involved in surgery.
Fiat Chrysler shares plunge 11% after auto giant cuts 2018 guidance — hours after death of former CEO
Fiat Chrysler said that it expects net revenues of between €115 billion and €118 billion in 2018, down from the previous forecast of €125 billion.
Former Fiat Chrysler and Ferrari CEO Sergio Marchionne, a legend of the modern auto industry, has died at 66 after shoulder surgery
Former FCA and Ferrari CEO Sergio Marchionne has died at 66. He had reportedly been in a coma in intensive care in a Zurich hospital after complications from surgery. Marchionne was an auto-industry legend, leading a turnaround at Fiat and taking Chrysler from bankruptcy to renewed prosperity.
An Italian media outlet has reported Sergio Marchionne has been admitted to intensive care at a hospital in Switzerland. Marchionne, 66, fell ill after shoulder surgery and was replaced over the weekend as CEO of FCA and also Ferrari.
Marchionne had experienced complication following surgery. Marchionne took over Chrysler and merged it with Fiat during the US financial crisis, when Chrysler went bankrupt and was bailed out by the US government. Marchionne had planned to retire as CEO of FCA in 2019.
FCA announced that it will establish its own captive-finance arm. FCA is the only big carmaker without a captive, but CEO Sergio Marchionne's focus has been on other aspects of the company's well-being.