Fiat Chrysler Quotes

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Murdoch also derived comfort from some of the other reputable investors he heard Theranos had lined up. They included Cox Enterprises, the Atlanta-based, family-owned conglomerate whose chairman, Jim Kennedy, he was friendly with, and the Waltons of Walmart fame. Other big-name investors he didn’t know about ranged from Bob Kraft, owner of the New England Patriots, to Mexican billionaire Carlos Slim and John Elkann, the Italian industrialist who controlled Fiat Chrysler Automobiles.
John Carreyrou (Bad Blood: Secrets and Lies in a Silicon Valley Startup)
Separately, a second Chinese antitrust agency said Wednesday that it would punish Audi AG and Fiat Chrysler Automobiles NV's Chrysler arm after an investigation found the two car makers had pursued monopolistic practices, in Hubei province and Shanghai respectively. Under China's antimonopoly law, the companies could face fines of as much as 10% of their sales from the preceding year. The companies have said they are cooperating, though they declined to release further details.
Anonymous
his peers have expressed considerably more skepticism. “There is nothing Tesla [can] do that we cannot also do,” Fiat Chrysler CEO Sergio Marchionne said in June 2016. Two years earlier, he had asked customers not to buy the Fiat 500e electric car, because the company lost $14,000 on the sale of each one. Fiat would sell the minimum number of electric cars needed to meet government mandates and “not one more,” he said. In April 2016, Marchionne continued that theme in an interview on the sidelines of his company’s annual meeting, this time responding to the price of the Model 3. If Musk could show him that the car would be profitable at the $35,000 price tag, Marchionne said, “I will copy the formula, add the Italian design flair, and get it to the market within twelve months.” The German automakers have been even more dismissive. In November 2015, Edzard Reuter, the former CEO of Daimler, called Tesla a “joke” and Musk a “pretender,” suggesting in an interview with a German newspaper that Tesla didn’t stand up to serious comparison with “the great car companies of Germany.” Daimler, BMW, and Volkswagen were slow to accept that Tesla could one day challenge their market dominance. “German carmakers have been in denial that electric vehicles can create an emotional appeal to customers,” Arndt Ellinghorst, an automotive analyst at Evercore ISI, told the Los Angeles Times in April 2016. “Many still believe that Tesla is a sideshow catering to a niche product to some tree-hugging Californians and eccentric US hedge fund managers.” GM wasn’t quite so blasé. In 2013, then CEO Dan Akerson established a team within the company to study Tesla, based on the belief that it could be a big disrupter. GM’s Chevrolet Volt, a hybrid sedan that could drive about forty miles in full electric mode, had won Motor Trend’s 2011 Car of the Year, but GM was looking further into the future. At the 2015 Detroit auto show, it unveiled a concept of the Chevy Bolt, a two-hundred-mile electric car that would retail for $30,000 (after a $7,500 rebate from the US government). It was seen as a direct response to Tesla and new CEO Mary Barra’s biggest risk since she took over in 2014. Wired magazine celebrated the Bolt’s impending arrival with a February 2016 cover story about how GM had beaten Tesla “in the race to build a true electric car for the masses
Hamish McKenzie (Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil)
In August 2016, Ford announced plans to bring a Level 4 selfdriving car—without pedals or a steering wheel—to market by 2021. Other automakers have been working on similarly aggressive plans. Fiat Chrysler has partnered with Google’s Waymo to develop a fleet of self-driving hybrid minivans. GM, through its partnership with Lyft, has plans to bring Chevy Bolt robotaxis to the road as quickly as possible.
Hamish McKenzie (Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil)
Dixitque Deus: fiat lux. Et facta est lux. Translated by himself into his personal Bombay “Wulgate”: And God said, Cheap Italian motor car, beauty soap of the film star. And there was Lux. Please, Daddy, why did God want a small Fiat and a bar of soap, and also please, why did he get the soap only? Why couldn’t he make the car? And why not a better car, Daddy? He could’ve asked for a Jesus Chrysler, no?
Salman Rushdie (Two Years Eight Months and Twenty-Eight Nights)
The report, which did not cite sources, said VW, the world's No. 2 automaker, was interested in acquiring Chrysler to help it improve its struggling footing in the United States, and specified that Fiat's Ferrari subsidiary would be excluded from any deal. Fiat said no merger talks had taken place, a position that was repeated by its majority shareholder in a separate statement issued at the request of Italy's market watchdog.
Anonymous
Perfection” as defined by Fiat Chrysler, not the customer.
Madhavan Ramanujam (Monetizing Innovation: How Smart Companies Design the Product Around the Price)
Seven of them. An old, open-top Jeep with most of its paint missing. A Chrysler 300 sedan in black with chrome wheels and heavy tints on the windows. A Porsche 911, dark blue and gleaming in the afternoon sun. A 1980s Cadillac, originally burgundy, now chalky and dull. A mustard-colored Volvo station wagon. A tiny, sky blue FIAT. And a white Hyundai SUV.
Lee Child (The Sentinel (Jack Reacher, #25))
L'uomo di successo che incassa l'elogio pubblico di Barack Obama nell'operazione Chrysler, che sa trattare al tavolo del potere con i capi di Gm, allora prima azienda automobilistica mondiale, che scherza della sua rudezza, del suo pelo sullo stomaco, della sua aggressività (perché il suo obiettivo, spiega, è proteggere la Fiat) e di quel certo cinismo di cui le regole del suo gioco si nutrono, è anche un capitano d'impresa che gli altri definiscono socialdemocratico. E sul socialdemocratismo costruisce un piccolo successo di comunicazione, e di perfezionamento dell'identità. Marchionne si fa carico del suo sociale. Dice che un'azienda non può sopportare il peso della contrazione dei mercati oltre un certo limite, ma sostiene un modello nordeuropeo di flexsecurity (cioè un mercato del lavoro fatto di flessibilità per le imprese e sicurezza economica per i lavoratori), in contrasto con la cultura americana su cui è formato, mentre preferisce il modello americano di relazioni industriali
Marco Ferrante (Marchionne: L'uomo dell'impossibile (Italian Edition))