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Carmakers have less than a decade to reinvent themselves or die, warns Sergio Marchionne

Sergio Marchionne, one of the longest-serving CEOs in the auto industry, has a stark warning: Carmakers have less than a decade to reinvent themselves or risk being commoditized amid a seismic shift in how vehicles are powered, driven and purchased. 799 more words


Commitment to Windsor is 'unwavering,' Marchionne says

Fiat Chrysler CEO Sergio Marchionne professed his company’s “unwavering” commitment to the Windsor Assembly Plant Monday.

Upgrades to the plant to accommodate the Pacifica minivan, which began production more than a year ago, will ensure its platform can be adjusted for new products in the future as needed, Marchionne said during a question and answer session at the North American International Auto Show in Detroit. 478 more words

Local News

Marchionne: Ferrari could quit F1 over proposed changes

ARESE, Italy (AP) Ferrari president Sergio Marchionne says the threat that the Italian team could leave Formula One is a “serious” one.

Marchionne is unhappy with the sport’s proposed 2021 engine rules, which were revealed at the end of October, and has said that Ferrari could leave F1. 167 more words

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Alfa Romeo returns to Formula 1 racing

Alfa Romeo will return to motorsport next year by becoming an official partner with Sauber to form the Alfa Romeo Sauber F1 Team.

This will mark 33 years since the automotive manufacturer last left the sport. 192 more words


Vettel: Ferrari chief's criticisms of F1 driver errors 'fair enough'

Sebastian Vettel believes that Ferrari chairman Sergio Marchionne’s comments about driver errors playing a role in costing the Italian marque in the Formula 1 championship races are “fair enough”, having seen his title hopes end two weeks ago in Mexico. 274 more words