In a long interview with Swiss weekly NZZ, Sergio Marchionne took stock of the situation on the integration Fiat-Chrsyler with an overview on the situation in Italy, at the United States. The spoke again to the Ferrari, for whom it is possible the stock market in the coming months. Just about the Maranello has focused the attention of the manager, which sets the IPO as the only way to determine its real value.
"In this case, however, we continue to hold the absolute majority of the shares, so as to control industrial policy." In fact, the use of the stock market will also Fiat and Chrysler, following the debt refinancing occurred with the governments of the United States and Canada. But where is the headquarters of this international group? Marchionne to within 3 or 4 years if the country does not return to competitive and does not facilitate large industries, the manager said he was ready to take the path of the United States.
"This happens not only at Fiat but all the big companies." The reference is to the fact that manufacturing employment and wages, according to the top of the Lingotto, must be interrelated and can not go on so disjointed. Marchionne stressed that in the last 7 years, governments of both sides have not paddled for the benefit of the country.
And the Fiat brand has suffered, with sales at home continue to fall. However, the manager can "comfort" with the results of Chsryler, which in 2011 is likely to generate an operating profit of $ 2 billion, thanks to new models being launched and energy efficiency, which will improve the 25% between now and 2014.
A look at last to the electric car? "You'll see at the show in Detroit in 2012," he confirmed. "But I think it will only be sold in the U.S., where there are consumers willing to spend up to $ 10,000 more for a car with zero emissions." 
"In this case, however, we continue to hold the absolute majority of the shares, so as to control industrial policy." In fact, the use of the stock market will also Fiat and Chrysler, following the debt refinancing occurred with the governments of the United States and Canada. But where is the headquarters of this international group? Marchionne to within 3 or 4 years if the country does not return to competitive and does not facilitate large industries, the manager said he was ready to take the path of the United States.
"This happens not only at Fiat but all the big companies." The reference is to the fact that manufacturing employment and wages, according to the top of the Lingotto, must be interrelated and can not go on so disjointed. Marchionne stressed that in the last 7 years, governments of both sides have not paddled for the benefit of the country.
And the Fiat brand has suffered, with sales at home continue to fall. However, the manager can "comfort" with the results of Chsryler, which in 2011 is likely to generate an operating profit of $ 2 billion, thanks to new models being launched and energy efficiency, which will improve the 25% between now and 2014.
A look at last to the electric car? "You'll see at the show in Detroit in 2012," he confirmed. "But I think it will only be sold in the U.S., where there are consumers willing to spend up to $ 10,000 more for a car with zero emissions."
- US: New Fiat Bravo to follow 500's successful American launch? (30/05/2011)
- Marchionne: Chrysler, Fiat integration intensifies (25/05/2011)
- Marchionne: Chrysler, Fiat integration intensifies (25/05/2011)
- "Fiat to purchase remaining US stake in Chrysler, will increase it to 57%" and related posts (28/05/2011)
- Marchionne: Chrysler IPO timing depends on markets (25/05/2011)
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