Chrysler

Sergio Marchionne Says Ferrari CEO Amedeo Felisa will not Leave Post before IPO

Sergio Marchionne Says Ferrari CEO Amedeo Felisa will not Leave Post before IPOOn Saturday, Sergio Marchionne the CEO of parent company Fiat Chrysler Automobiles said that Amedeo Felisa, the Ferrari CEO will not leave his post prior to the luxury sports car manufacturer goes for its initial public offering that is scheduled later in the current year.

Fiat Chrysler Considering a Loyalty Share Scheme as it Plans a Spin-off for Ferrari

Fiat Chrysler Considering a Loyalty Share Scheme as it Plans a Spin-off for Ferrari

Fiat Merger to Go Through

Fiat Merger to Go ThroughFiat has overcome a big hitch that faced its long time planned merger deal with Chrysler Group LLC as the company said that the number of shareholders who are looking forward to sell their shares was not enough to outshine a threshold which could cause a delay to the process.

Fiat's tie up will create a distinct universal automaker that will be called Fiat Chrysler Automobiles.

US Market Lucky for Chrysler Group LLC

US Market Lucky for Chrysler Group LLC As per recent reports, it has been revealed that Chrysler Group LLC has been making a strong recovery in the US auto market. It has been found that with passage of time, it has been witnessing profits.