BLOG: Luca Ciferri

Fiat meeting goes from legendary to ordinary

Posted 12:01 am U.S. ET, April 17
blogs Luca Ciferri is editor of Automotive News Europe.
 
Fiat needed less than 2 hours to complete its first shareholder meeting in Amsterdam on Thursday, which was attended by just 17 people. It's previous gatherings near Turin would draw hundreds -- including a who's who of the Italian auto industry -- and take up to 12 hours to complete because of all the drama. Those meetings were legendary. Thursday’s meeting was ord ...
     Continue reading "Fiat meeting goes from legendary to ordinary" » Apr 17, 2015 12:01 am U.S. ET
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Farewell to an auto PR legend

Posted 8:17 am U.S. ET, Jan. 21
Nothing was impossible for automotive PR man Tom Kowaleski, who died Tuesday at age 63. Whether it was invading a beloved Italian landmark or literally crashing into the Detroit auto show, Tom dared to do it. I was there in the early 1990s when a photographer asked Tom whether it would be possible to take a picture of the first-generation Dodge Viper in front of Milan&rsq ...
     Continue reading "Farewell to an auto PR legend" » Jan 21, 2015 8:17 am U.S. ET
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BMW's manufacturing arm also produces future leaders

Posted 6:44 am U.S. ET, Dec. 9
BMW's manufacturing division not only builds great cars -- it also produces the company's future leaders. With the appointment of Harald Krueger as CEO to succeed Norbert Reithofer, BMW builds on its tradition of appointing manufacturing experts from within the company to the top job. BMW has also picked a relatively young executive who can steer the automaker for years ...
     Continue reading "BMW's manufacturing arm also produces future leaders" » Dec 9, 2014 6:44 am U.S. ET
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Ferrari will go public but remain private

Posted 12:01 am U.S. ET, Oct. 30
Soon it will be possible to own a stake in Ferrari, but even when it is publicly listed the Italian supercar maker probably will remain a family-owned carmaker. Fiat Chrysler Automobiles plans to spin off 10 percent of its 90 percent stake in Ferrari by June 2015 via a listing in New York and perhaps a few other stock exchanges. The remaining 80 percent will be distribute ...
     Continue reading "Ferrari will go public but remain private" » Oct 30, 2014 12:01 am U.S. ET
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Montezemolo's magic touch

Posted 12:01 am U.S. ET, Sept. 11
When Ferrari Chairman Luca Cordero di Montezemolo officially steps down next month the supercar maker will lose its No. 1 salesman. During his two decades in Maranello, he was the main reason why Ferrari always sold out its high-margin limited-edition supercars even before they were unveiled to the public. He did this -- and a whole lot more -- by enhancing Ferrari&rsquo ...
     Continue reading "Montezemolo's magic touch " » Sep 11, 2014 12:01 am U.S. ET
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Zetsche sees speedy uptake of F1 tech in Mercedes models

Posted 12:01 am U.S. ET, May 30
Dieter Zetsche foresees Mercedes models benefiting quicker than ever from the automaker’s participation in Formula One. F1’s switch to 1.6-liter V-6 turbocharged gasoline engines from 2.4-liter V-8 normally aspirated units has made the racecars more like high-end production cars. That means Mercedes is gaining invaluable experience under extreme conditions on ...
     Continue reading "Zetsche sees speedy uptake of F1 tech in Mercedes models" » May 30, 2014 12:01 am U.S. ET
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Marchionne asks for 3 more years of patience

Posted 8:22 am U.S. ET, May 7
Fiat Chrysler Automobiles CEO Sergio Marchionne’s new five-year plan for the automaker won’t start rewarding shareholders until 2017 at the earliest. Some wonder if there will ever be a payout. What we do know is that there will be no dividends for at least the next three years. Not while Fiat Chrysler makes massive investments to globalize Jeep and to relaunc ...
     Continue reading "Marchionne asks for 3 more years of patience" » May 7, 2014 8:22 am U.S. ET
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Marchionne follows the money

Posted 12:01 am U.S. ET, May 6
Why is Fiat Chrysler CEO Sergio Marchionne today presenting his latest business plan for the Italian automaker at Chrysler's U.S. headquarters near Detroit, and not at Fiat's base in Turin? The answer: He's following the money. Detroit is much closer to the world's financial capital, New York's Wall Street, than Turin. Marchionne plans to list the newly combined Fiat Chry ...
     Continue reading "Marchionne follows the money" » May 6, 2014 12:01 am U.S. ET
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