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Old 06-09-2012, 09:03 AM   #1
Wretched
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Default Sergio Marchionne: Resurrecting Chrysler

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In 2009, Chrysler was sputtering toward collapse, with tens of thousands of jobs in jeopardy. But one man bet that he could save the company and make it profitable again. He's Sergio Marchionne. He'd already turned around Fiat and felt the two companies were a good fit -- and clearly he likes a good challenge. So Marchionne took a $6 billion, high-interest U.S. Treasury loan and promised to pay it all back by 2017. Chrysler beat the deadline by six years. Steve Kroft interviews Marchionne as Chrysler rolls out a new car.
Story continued here

Video of interview

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Old 06-09-2012, 09:55 AM   #2
RASER
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Default Re: Sergio Marchionne: Resurrecting Chrysler

+1 for Sergio

This is the funnest thing ever, how the Italians outsmarted both the Germans and Americans

Benz "marriage of equals" cost them $30 billion

Fiat got it all for ZERO $ lol

The REAL benefit is that FIAT in Europe are under the pump, and its Chrysler/Dodge/Ram/Jeep thats saving Fiats a/ss, that i bet was never seen as a benefit of *buying* them
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