egmCarTech

Even though Daimler AG and Chrysler’s break up back in 2007 ended like a horrible divorce, Daimler’s CEO Dieter Zetsche still cares a lot for the American automaker.
In a recent interview with USAToday, Zetsche said, “I continue to be emotional about this company and am crossing my fingers for the very best future.”
Zetsche said that [...]

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If you were keeping up-to-date yesterday with egmCarTech you probably noticed that most of our posts had to do with Chrysler’ 5-year product and business plan. If you missed anything the plan is available to view in detail over at http://www.chryslergroupllc.com/business/.
You can check out some of the important slides right here.
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More than 400 journalists, analysts, dealers and public officials are in Auburn Hills, Michigan today as Chrysler ’s CEO Sergio Marchionne outlines the company’s 5-year business plan. We’re gathering updates from Twitter and other sites around the web. Keep checking back for updates.

Paolo E. Ferrero, Senior Vice President Chrysler Powertrain says the new highly fuel [...]

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On Wednesday, executives from Fiat and Chrysler will both outline what they have planned for Chrysler Group LLC over the next 5-years. The event will be held in Auburn Hills and about 300 people are expected to attend including analysts, government and union officials, dealer representatives and media to hear for what CEO Sergio Marchionne [...]

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After a two-day visit with Detroit automakers, Transportation Secretary Ray LaHood said that Chrysler Group LLC’s CEO Sergio Marchionne is “the next-generation of Lee Iacocca.”
“I think what I saw at Chrysler is what people felt when Iacocca was there,” LaHood said during a speech to the Detroit Economic Club. “It’s a new level of energy [...]

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Chrysler CEO Sergio Marchionne reaffirms his conviction that Chrysler Group LLC will be a profitable automaker by 2011. Chrysler is set to announce its five-year plan on November 4, make public its quarterly financial statements, and move on an IPO as soon as 2011.
Marchionne told the Toronto newspaper Globe and Mail that, “we’re not [...]

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Fiat SpA and Chrysler Group CEO Sergio Marchionne will not stand for reelection on the board of the UBS AG Swiss bank next year. The bank said that Marchionne would like to “focus on his current demanding management position and had therefore decided not to seek any further mandates at UBS.”
Marchionne was originally elected to [...]

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Speaking to the press at the 2009 Frankfurt Motor Show, Chrysler Group and Fiat SpA CEO, Sergio Marchionne, said that Chrysler was in worse shape than he thought. He said that restructuring Chrysler was a slow process and more difficult than he initially thought; however, he said he sees significant improvements coming in 2010.
Marchionne said [...]

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This Wednesday, Chrysler Group’s new board of directors will meet for the first time since the company emerged from bankruptcy to start its turnaround efforts under Fiat SpA. Chrysler’s nine-member board , which includes CEO Sergio Marchionne and Chairman Robert Kidder, has three directors appointed by Fiat, four by the U.S. government, one by the [...]

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Chrysler Group’s new CEO Sergio Marchionne said today that the U.S. automaker could be listed on a stock exchange about 30 months from now. Marchionne said Chrysler will generate “healthy profit margins” when the U.S. market returns to 13 million to 14 million sales a year, but he does not foresee such volume in 2010, reports [...]

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