أرشيف وسم ‘ Sergio Marchionne ’

Posted on Saturday, July 21, 2018

Marchionne leaves Fiat Chrysler due to illness

Ferrari president and Fiat CEO Sergio Marchionne steps down from his role due to unexpected complications after his recent shoulder surgery. FCA Announcement With reference to the health of Sergio Marchionne, Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA) communicates with profound sorrow that during the course of this week unexpected complications arose while Mr. Marchionne was recovering from surgery and that these have worsened significantly in recent hours. As a consequence, Mr. Marchionne will be unable to return to work. The Board […]

Posted on Wednesday, January 6, 2016

Ferrari aims to be benchmark in Australia

Ferrari President Sergio Marchionne says the outfit must aim to be the team to beat when the 2016 season commences in Australia in March. Ferrari recovered from a difficult 2014 campaign to emerge as Mercedes' primary challenger in 2015, securing three victories courtesy of new recruit Sebastian Vettel. Ferrari was firmly the second best team across the second half of 2015, aside from Vettel's Singapore supremacy, but Marchionne has challenged his squad to be competitive from the start of the upcoming season. "We have a […]

Posted on Tuesday, December 15, 2015

Marchionne hails Ferrari's 2015 progress

Ferrari President Sergio Marchionne says the outfit made a pleasing step forwards in 2015 but warned that the "real battle" for overall honours begins in earnest in 2016. Ferrari endured a win-less campaign in 2014 but linked up with Sebastian Vettel in 2015 to secure three victories and emerge as Mercedes' primary challenger. Marchionne says Ferrari's development across the course of the year was good news but is aware that the team needs to move up further next year. "You know that the real battle […]

Posted on Monday, September 21, 2015

Ferrari: Singapore performance 'not a one-off'

Ferrari chairman Sergio Marchionne says that the outfit's performance during the Singapore Grand Prix will not be a 'one off' as Sebastian Vettel controlled proceedings from start to finish. Vettel had taken two victories already in 2015 but Singapore was the first occasion in which Ferrari had the pace throughout the weekend, with Vettel converting pole position into the win. "Congratulations to everyone involved in this fantastic victory," said Marchionne. "Sebastian drove like a real champion and everyone on the team, both on the track […]

Posted on Monday, February 23, 2015

Marchionne backs 2017 delay for F1 revolution

Sergio Marchionne has backed the move to delay a technical revolution in Formula 1until 2017. It had appeared that Ferrari was leading the charge for rapid change, when on the very day the F1 Commission met to vote on proposed changes for 2016, it published images of its radical-looking 'concept car'. But Marchionne, the Fiat Chrysler and Ferrari president, told Italian-language reporters at the Barcelona test that he was actually not in favour of 1,000 horse power engines and radically different cars making their bow […]

Posted on Wednesday, February 11, 2015

Marchionne not expecting 'miracles' from Ferrari

Sergio Marchionne insists he is not getting carried away with Ferrari's winter test form. The fabled Maranello marque struggled in 2014, prompting Fiat Chrysler chief Marchionne to take over from long-time president Luca di Montezemolo amid a radical personnel shakeup. The Italian-Canadian has warned that Ferrari's return to winning form will not happen overnight, but then the new SF15-T set the timesheets alight as pre-season testing began last week at Jerez. "I am encouraged by the performance of the new car," Marchionne said in New […]

Posted on Tuesday, January 13, 2015

Marchionne expects Ferrari form in late 2015

Sergio Marchionne has warned Ferrari fans yet again that 2015 will be a difficult season for the outfit. Ferrari claimed only fourth place in last year's championship and failed to win a race, while Sebastian Vettel replaced Fernando Alonso after the Spaniard opted to move to McLaren. Speaking at the Detroit auto show on Tuesday, Marchionne refused to wade in deeper on a war of words with the Italian marque's ousted long-time president, Luca di Montezemolo. "Unfortunately we have dropped back, but I will not […]

Posted on Monday, December 29, 2014

Piero Ferrari backs Maranello revolution

Enzo Ferrari's only living son Piero has backed the revolution at Maranello led by new president Sergio Marchionne. Having faltered at the start of the new turbo V6 era, Ferrari has undergone a radical shakeup involving an almost total clean-sweep of the top roles in red. Leading the charge now is Fiat Chrysler chief Marchionne, who in the past days has been involved in a war of words with Ferrari's ousted long-time boss Luca di Montezemolo. But Piero Ferrari is backing Maranello's new chief, even […]

Posted on Monday, December 22, 2014

Ferrari warns of rebuilding year in 2015

Ferrari President Sergio Marchionne says that 2015 will be a rebuilding year for the team as it bids to recover from a challenging 2014 season. Ferrari failed to win a race for the first time since 1993 and mustered just two podium finishes on the way to fourth in the Constructors' Championship. Marchionne says that a new structure has been put in place to aid Ferrari's recovery but warned that it will take time for the work to be reflected in on-track results. "I will […]

Posted on Friday, September 12, 2014

Marchionne concedes Ferrari power unit lacking

New Ferrari chairman Sergio Marchionne has accepted that the squad has a problem with its power unit, which must be corrected if the team is to fight for the world title. FIAT chairman Marchionne will replaced Luca di Montezemolo, who stood down earlier this week after 23 years in his role, at Ferrari from October 14th. In his first press conference in his new position, Marchionne confirmed that Ferrari must improve its power unit if they are to haul themselves into title contention. "We know […]