Cars
The donations for Japan keep coming in, with Mercedes-Benz’s parent company Daimler announcing today that it will provide €2 million (about US$2.8 million at today’s exchange rates) as immediate aid for the victims of the earthquake and tsunami in the Asian country. Daimler said it has approximately 13,000 employees in Japan through its subsidiaries Mitsubishi Fuso Truck and Bus Corporation, Mercedes-Benz Japan, as well as Daimler Financial Services.
- Ferrari Ceo Made €8.7 Million In 2010 Or Twice As Much As Fiat Group Ceo Sergio Marchionne
It's no secret that top car executives make big money, but the situation at the Fiat Group is particularly interesting. How else could one describe the fact that in 2010, Ferrari's chairman, Luca Cordero di Montezemolo, was paid more than twice...
- Alfa Romeo Sale To Vw Rumors Surface Again
Back in April, the Fiat Group announced yet another round of plans to revive its money-losing Alfa Romeo brand, which included the development of new models and a re-launch in the U.S market. At that time, this seemed possible as the Italian maker intended...
- Ferrari To Present Six New Models Including Enzo Flagship By 2013
Along with Alfa Romeo, Maserati, Fiat and Lancia, Fiat Group CEO Sergio Marchionne also revealed the product development plans for Ferrari during an investor meeting in Turin. According to the plan, Ferrari will keep launching a new model every year...
- Luca De Meo New Alfa Romeo Ceo
Fiat has announced that group chief marketing officer Luca De Meo has been appointed today as the new CEO of Alfa Romeo, taking the place of Antonio Baravalle, who decided to leave the automotive industry at his own will. Baravelle will become CEO of...
- Fiat In Talks With Mercedes-benz About Full Partnership
Looks like Daimler quickly zapped out from the break up with the Chrysler Group and is now in search for a new bride. Fiat Group’s CEO, Sergio Marchionne surprised reporters yesterday (Nov.6, 2007) by announcing that the Italian carmaker is in...
Cars
Donations for Japan Continue, Fiat Offers €100,000, Mercedes-Benz gives €2 Million
The donations for Japan keep coming in, with Mercedes-Benz’s parent company Daimler announcing today that it will provide €2 million (about US$2.8 million at today’s exchange rates) as immediate aid for the victims of the earthquake and tsunami in the Asian country. Daimler said it has approximately 13,000 employees in Japan through its subsidiaries Mitsubishi Fuso Truck and Bus Corporation, Mercedes-Benz Japan, as well as Daimler Financial Services. The Fiat Group, which includes Alfa Romeo, Lancia, the Fiat brand, Abarth, Maserati and Ferrari, also announced a donation for relief efforts in Japan, albeit a much smaller amount at €100,000 (about $US140,000).
While we’re not saying that this is a competition as all donations are welcome, we can’t but think that Fiat’s contribution, which equates to roughly half the price of a new Ferrari model or around 0.8% of the total compensation Ferrari boss Luca Cordero di Montezemolo and Fiat Group CEO Sergio Marchionne received in 2010, is somewhat embarrassing for the size of the Italian company.
Read more »- Ferrari Ceo Made €8.7 Million In 2010 Or Twice As Much As Fiat Group Ceo Sergio Marchionne
It's no secret that top car executives make big money, but the situation at the Fiat Group is particularly interesting. How else could one describe the fact that in 2010, Ferrari's chairman, Luca Cordero di Montezemolo, was paid more than twice...
- Alfa Romeo Sale To Vw Rumors Surface Again
Back in April, the Fiat Group announced yet another round of plans to revive its money-losing Alfa Romeo brand, which included the development of new models and a re-launch in the U.S market. At that time, this seemed possible as the Italian maker intended...
- Ferrari To Present Six New Models Including Enzo Flagship By 2013
Along with Alfa Romeo, Maserati, Fiat and Lancia, Fiat Group CEO Sergio Marchionne also revealed the product development plans for Ferrari during an investor meeting in Turin. According to the plan, Ferrari will keep launching a new model every year...
- Luca De Meo New Alfa Romeo Ceo
Fiat has announced that group chief marketing officer Luca De Meo has been appointed today as the new CEO of Alfa Romeo, taking the place of Antonio Baravalle, who decided to leave the automotive industry at his own will. Baravelle will become CEO of...
- Fiat In Talks With Mercedes-benz About Full Partnership
Looks like Daimler quickly zapped out from the break up with the Chrysler Group and is now in search for a new bride. Fiat Group’s CEO, Sergio Marchionne surprised reporters yesterday (Nov.6, 2007) by announcing that the Italian carmaker is in...