Tag Archives: Industry

Marchionne: no offer for FCA on the table

Despite his best efforts to find a buyer or merger partner for Fiat Chrysler Automobiles, Sergio Marchionne, who serves as the automaker's CEO, has confirmed there's been no takers. Speaking with Reuters on Saturday, Marchionne replied with a "no" when asked whether FCA had been approached by someone or whether there was an offer on...

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Alfa Romeo, Maserati spinoff back in the spotlight

Late last year, talk of Fiat Chrysler Automobiles spinning off its upmarket Alfa Romeo and Maserati brands emerged in investor circles. The thinking was that the money raised could eliminate FCA's debts of around $7 billion and thus improve the company's credit rating and better prepare...

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Report: China’s Great Wall wants to acquire Jeep

A Chinese automaker named after the country's most iconic structure says it wants to own the most quintessentially American of automakers: Jeep. One week ago, a report claimed an unnamed Chinese automaker had placed a bid to buyout Fiat-Chrysler Automobiles, a move that would fulfill CEO Sergio...

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