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[Actual finance blog] Chrysler coping test: Marchionne took the helm of Fiat in 2004, when the automaker was at the edge of bankruptcy. By changing its management and elevating younger employees to higher positions, he helped Fiat rebound, said Pierluigi Bellini, an associate director in Milan, Italy, for IHS Global Insight.

[Wheels.ca News and Features.] Wheels.ca - What's next for reborn Chrysler? - Canada's Most ...: The U.S. government has committed roughly $8 billion more to help Chrysler as it leaves Chapter 11 bankruptcy protection, and the Obama administration acknowledges Chrysler will probably lose money until Fiat rides to the rescue. But the government believes the company will be viable in the long term because of Fiat's management expertise.

[Finance counsels] Finance counsels » Take a look at the 'new' Chrysler: Michael Manley, now president and CEO of the Jeep Brand, will also be responsible for all of Chrysler Group’s product development. Michael Accavitti has been named president and CEO of the Dodge Brand, but he will also be responsible for all of Chrysler Group’s marketing efforts.

[WOIO - Business News] Fresh Start: Chrysler and Fiat Announce Deal: Not out of bankruptcy yet: Chrysler filed for bankruptcy on April 30, and the Obama administration hoped the process would take less than 60 days to complete. Though Chrysler sold its assets to Chrysler Group LLC, the old Chrysler will likely remain in bankruptcy for quite some time as it resolves its debts and liabilities.

[AutoNewscast.com] Chrysler Group LLC Announces Organizational Structure Focused on ...: serving as CEO, Chrysler Group LLC will be managed by a nine-member Board of Directors, consisting of three directors to be appointed by Fiat, four directors to be appointed by the U.S. Government, one director to be appointed by the Canadian Government and one director to be appointed by the United Auto Workers’ Retiree Medical Benefits Trust.

[MercoPress] Fiat planning a new auto giant with Chrysler and GM Latinamerica ...: With this in mind Fiat plans a new company which would combine its own brands, Fiat, Alfa Romeo and Lancia with the US Chrysler and GM European operations. The company would have an annual turnover of 110 billion US dollars and a production of 6 to 7 million cars annually.

[AP - Markets] RealClearMarkets - AP - Markets - Jun 11, 2009 - At new Chrysler ...: In an e-mail to Chrysler's 54,000 workers, Marchionne acknowledged the company's problems and said he was determined to repair them. Five years ago, he wrote, he stepped into a similar situation at Fiat, perceived at the time as a failing bureaucracy that made poor cars.

[NewsDaily: Business Headlines] NewsDaily: Fiat team goes to work at Chrysler as deal pends: Fiat Chief Executive Sergio Marchionne, who is expected to take over operational control at Chrysler, has been leading the team from the Italian automaker, according to the sources who asked not to be named because a deal to merge the two companies under Marchionne has not been cleared by U.S. courts.

[Chrysler Blog] Chrysler Group LLC: Chrysler Corporate Blog - Dodge, Chrysler ...: Chrysler Group LLC CEO Sergio Marchionne addressed employeesduring a business meeting at Chrysler World Headquarters in AuburnHills, MI on June 10, 2009 where he laid out the task ahead andexplained his philosophy for achieving success. He was joinedby...

[PennyBlogs] Crunch watch June 09: the auto industry in crisis | PennyBlogs: • A US bankruptcy judge has approved the sale of most of Chrysler’s LLC assets to Fiat. Judge Arthur Gonzalez approved the $2 billion sale of assets to a new company that will be 68% controlled by a healthcare trust, 20% by Fiat and 12% by the US and Canadian governments (Automotive News, subscription required)

[Comments for chrysler weblog] chrysler weblog » Blog Archive » 2011 Jeep Grand Cherokee unveiled: Looking at the whole ball of wax, isn’t the basic problem that both Chrysler and GM have to get smaller in order to survive in any form but their heavy debt load and their legacy costs can’t be paid on the cash flow generated by smaller companies - even in the best of times when sales are robust and big incentives aren’t needed to move metal? How many profitable years would it take for a smaller Chrysler to generate the cash flow to begin paying down its $8.9 billion in secured debt while also meeting legacy obligations while also investing in new product?

[Breaking News] Chrysler gets a new life under Fiat, but still must overcome ...: The management changes will go deeper than the previously announced departure of CEO Bob Nardelli and Vice Chairman Tom LaSorda, as Fiat CEO Sergio Marchionne takes control of the company's day-to-day operations, said the official, who requested anonymity because the changes have not been made public.

[Business - cleveland.com] Fiat CEO: Concessions or no Chrysler deal - Business - cleveland.com: Under terms of the nonbinding agreement between Fiat and Chrysler, Fiat is not committing to inject any cash into Chrysler nor would it take on any Chrysler debt. Industry experts have said that the absence of any cash beyond an additional $6 billion from the U.S. government if the Fiat deal goes through still leaves unanswered how Chrysler can survive until the partnership begins to bear fruit.

[The Car Connection - Blogs and News] Chrysler-Fiat: We Predict The 2012 Lineup - The Car Connection: The Alfa Romeo 149 has been all but confirmed as a new vehicle for the new Chrysler--and it's completely new this fall, as a 2010 model to be unveiled at the Frankfurt auto show. A four-door version has been discussed with Chrysler dealers, though it's possible a hatchback could be sold in the U.S. too.

[Business - cleveland.com] Chrysler president says 30 days enough for Fiat deal - Business ...: Press said Chrysler has been having a "constructive dialogue" with Fiat. The Italian automaker's chief executive, Sergio Marchionne, flew to Detroit on March 30, the day the Obama administration announced Chrysler and General Motors Corp.'s restructuring plans were insufficient and set strict deadlines for the companies to reach new goals or face bankruptcy.

[Chrysler Blog] Chrysler Group LLC: Chrysler Corporate Blog - Dodge, Chrysler ...: For the first time since the beginning of May, vehicles wererolling down the assembly lines at 7 Chrysler plants. For a look atthe first day back at Warren (Mich) Truck Assembly, one of twoplants where the Dodge Ram piokup is built, please watch thisvideo.

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