BLOG: Luca Ciferri
Posted 12:01 am U.S. ET, June 12
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Posted 12:01 am U.S. ET, July 8
Martin Winterkorn’s resignation Wednesday after nearly nine years as Volkswagen Group CEO is the latest signal that the industry has a serious problem with following the rules.
VW has admitted to cheating to beat U.S. diesel emissions tests and says it actions have affected 11 million vehicles worldwide. VW has set aside 6.5 billion euros ($7.3 billion) to deal with ... Continue reading "Winterkorn's exit should be a wake-up call for automakers" » Sep 24, 2015 12:01 am U.S. ET Permalink
Fiat Chrysler CEO Sergio Marchionne hopes that his 5 billion-euro ($5.3 billion) bet on Alfa Romeo will result in eight new models that boost global sales to 400,000 vehicles by 2018 and bring an end to more than a decade of financial losses at the 105-year-old brand.
If I were Marchionne, I would be very worried about not achieving those three ambitious goals -- and I&rs ... Continue reading "Alfa's last chance?" » Jul 8, 2015 12:01 am U.S. ET Permalink
In the near future I could be writing this column from the driver’s seat of my car while the vehicle steers itself along the highway. This highlights just one of the possibilities that self-driving and increasingly connected cars open up to people like me who are fascinated by any new technology.
Audi’s sales and marketing chief, Luca de Meo, one of the bright ... Continue reading "Life or death decisions" » Jun 12, 2015 12:01 am U.S. ET Permalink
Fiat Chrysler Automobiles CEO Sergio Marchionne’s latest call for industry consolidation looks like a husband seeking his mother-in-law’s help to solve a problem with his wife.
The last time we saw this tactic employed Renault Nissan CEO Carlo Ghosn was in the husband role, activist investor Kirk Kerkorian was the mother-in-law and the goal was to get Renault- ...