sergio marchionne

Fiat and Chrysler CEO Sergio Marchionne suggested Wednesday that Chrysler may delay its initial public offering depending on the cash needs of the U.S. automaker and the auto workers union trust fund.

Marchionne has previously hinted that an IPO could happen by the end of the year.

He said a decision on whether and when to take Chrysler public would depend on how much the automaker itself and the United Auto Workers health care trust, which pays health benefits for retirees and holds a 63.5 percent share in Chrysler, need liquidity.

The man who led the rescue of Chrysler in the 1980s welcomes Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S. company.

The man who led the rescue of Chrysler in the 1980s has words of welcome for Fiat chief Sergio Marchionne after the Italian automaker's takeover of the U.S. company.

Fiat's CEO Sergio Marchionne turned around the once-troubled Italian carmaker with a flair for sharply styled small cars and smart industrial alliances — strengths that could come in handy at Chrysler.

Fiat CEO Sergio Marchionne said Friday that the Italian automaker hasn't given up on Germany's Opel, even though a deal with rival bidder Canadian auto parts supplier Magna was moving ahead.

Fiat CEO Sergio Marchionne was meeting German Chancellor Angela Merkel Tuesday to discuss his bid for ailing General Motors Corp.'s Opel unit as a decision on the company's future nears.

Fiat Group CEO Sergio Marchionne will become the chief executive of Chrysler after the U.S. automaker emerges from bankruptcy, a Fiat spokesman confirmed Thursday.

Fiat chief executive Sergio Marchionne is not one to shirk a challenge. He made his name as a corporate whiz in June 2004 when he stepped in to take the wheel of Italy’s then-dying automaker, driving through a swift and vigorous turnaround that returned it to profitability by 2006.