Latest Sergio Marchionne Stories
MODIFIED OPERATING PROFIT WAS $435 MILLION, FROM $740 MILLION A YEAR AGO, AND FREE CASH FLOW WAS $356 MILLION ON LOWER SHIPMENTS AS KEY PRODUCTS LAUNCH AUBURN HILLS, Mich., April 29, 2013 /PRNewswire/ -- Chrysler Group net income in the first quarter of 2013 was $166 million, versus $473 million a year ago As anticipated, results were affected by lower vehicle shipments as well as industrial costs related to several key product launches, and lower vehicle shipments to Europe...
-- United Way Campaign Chair Sergio Marchionne and United Way President and CEO Michael J. Brennan, together with Ford Motor Company COO Mark Fields, Detroit Mayor Dave Bing and Quicken Loans and Rock Ventures Chairman and Founder Dan Gilbert announce $35,121,006 Campaign result for 2012-2013 DETROIT, April 22, 2013 /PRNewswire-USNewswire/ -- The United Way for Southeastern Michigan 2012-2013 Community Giving Campaign raised $35,121,006, surpassing its $35 million goal, representing...
AUBURN HILLS, Mich., April 15, 2013 /PRNewswire/ -- Chrysler Group LLC is pleased to announce the following changes to its Leadership Team effective today. Reid Bigland is named President and CEO of the Ram Truck Brand. He continues as head of U.S. Sales, and President and CEO of Chrysler Canada. Most recently, he was President and CEO of the Dodge Brand. Bigland came to Chrysler in July 2006 from Freightliner Custom Chassis Corporation, a South Carolina-based company.Timothy Kuniskis...
TURIN, Italy and AUBURN HILLS, Mich., April 9, 2013 /PRNewswire/ -- Fiat S.p.A. and Chrysler Group LLC today announced the release of the Fiat S.p.A. 2012 Sustainability Report, detailing the combined sustainability initiatives, achievements and targets of the two organizations. The Report covers the companies' sustainability efforts at every stage in a vehicle's lifecycle - from design, selection of suppliers and materials, production, logistics, customer experience, vehicle use,...
- Auction will take place April 4-6, 2013 at Barrett-Jackson in Palm Beach, Fla. AUBURN HILLS, Mich., March 11, 2013 /PRNewswire/ -- In support of United Way for Southeastern Michigan (UWSEM), a package of Chrysler Group Chairman and CEO Sergio Marchionne's customized 2011 Dodge Challenger SRT8 392 and Mopar's latest HEMI(®) V-8 crate engine will be auctioned with all proceeds going to UWSEM. The auction will take place during the Barrett-Jackson auction in Palm Beach, Fla.,...
AUBURN HILLS, Mich., Feb. 28, 2013 /PRNewswire/ -- Chrysler Group LLC Technical Fellow Hussein Dourra has been named winner of the Edward N. Cole Award for Automotive Engineering Innovation for 2012. The annual prize recognizes a Society of Automotive Engineering member whose lifetime accomplishments are deemed to be original, innovative and significant. "Hussein exemplifies the drive and passion we seek to instill in our engineers," says Bob Lee, Chrysler Group LLC Vice President...
AUBURN HILLS, Mich., Feb. 19, 2013 /PRNewswire/ -- Chrysler Group LLC announced today that it has donated $514,300 to United Way for Southeastern Michigan based on the sale of 5,143 vehicles by Detroit-area Chrysler Group dealers during the month of December. The Company donated $100 for every Chrysler, Jeep®, Dodge, Ram and FIAT vehicle sold by 42 Detroit metro dealerships that participated in this unique program. "Chrysler Group and our Detroit metro area dealers are delighted...
AUBURN HILLS, Mich., Feb. 11, 2013 /PRNewswire/ -- Barbara Pilarski, Vice President, Business Development, Chrysler Group receives "Spirit of Leadership Award" from Women's Automotive Association International Award is presented annually "to professional women in the automotive industry in recognition of their significant accomplishments in their profession, community and family" During acceptance remarks, speaks of an automotive industry in transformation: "We've all made great...
AUBURN HILLS, Mich., Jan. 28, 2013 /PRNewswire/ -- Chrysler Group today announced Marjorie Loeb is appointed Senior Vice President - General Counsel and Secretary. She replaces Holly Leese who has announced her intention to retire from the company after 33 years. The appointment is effective immediately. Loeb joined the Company in 2010 as an Assistant General Counsel. Prior to joining Chrysler, she served as the Assistant General Counsel and Secretary - Corporate and Securities for...
DETROIT, Jan. 11, 2013 /PRNewswire/ -- Inforum kicks off the New Year with its 11th Annual Auto Show Breakfast featuring Sergio Marchionne, chairman and CEO, Chrysler Group LLC and CEO, Fiat S.p.A. The event is sold-out with an audience of 1,000 who will be in attendance. Chrysler and KPMG LLP are presenting sponsors of the event. The Honorable Debbie Stabenow will give opening remarks. At the helm of Chrysler's dramatic turnaround, Marchionne is bringing together two companies...
