The President of Fiat, John Elkann, has publicly praised the CEO Sergio Marchionne for the way it was done the spin-off Fiat, ie the separation of the two different branches of activity, cars and trucks. "They were perfect, even as regards the time," he wrote in a letter to shareholders Exor, a leading European investment company, controlled by the Agnelli family.
"I thank our CEO and all his staff for the schedule and for making this possible duplication without impacting on the company and its costs." The reference is gone then the alliance with Chrysler, which is starting to show its importance and its value to the Lingotto and the penetration in the U.S.
market, where the 500 has just returned after a lapse of 27 years. The Agnelli heir of the house then pointed out the difficulty in predicting the development of international markets, in the light of what happened in North Africa and Japan, hit by several tragedies, and of different scales.
Meanwhile, the company began to point to Brazil and India by investing small but significant: in the first case, where the Italian brand has been present for years, the company bought a stake in Pactual Battalion, an investment bank Based in Sao Paulo and affiliates in other cities. In the subcontinent was the turn of a company active in the restaurant business.
"I thank our CEO and all his staff for the schedule and for making this possible duplication without impacting on the company and its costs." The reference is gone then the alliance with Chrysler, which is starting to show its importance and its value to the Lingotto and the penetration in the U.S.
market, where the 500 has just returned after a lapse of 27 years. The Agnelli heir of the house then pointed out the difficulty in predicting the development of international markets, in the light of what happened in North Africa and Japan, hit by several tragedies, and of different scales.
Meanwhile, the company began to point to Brazil and India by investing small but significant: in the first case, where the Italian brand has been present for years, the company bought a stake in Pactual Battalion, an investment bank Based in Sao Paulo and affiliates in other cities. In the subcontinent was the turn of a company active in the restaurant business.
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