Excerpts From CEO of Chrysler - Dodge Nitro Forum
Chrysler/Dodge/Jeep News Find out the latest scoop here!

 
LinkBack Thread Tools Display Modes
post #1 of 1 (permalink) Old 09-13-2011, 10:42 AM Thread Starter
Super Moderator
 
rickaren's Avatar
 
Join Date: Nov 2006
Location: Indiana
Posts: 22,760
Garage
Excerpts From CEO of Chrysler

Excerpts From the Presentation of Sergio Marchionne, Chairman and CEO of Chrysler Group LLC and CEO of Fiat S.p.A., at the 2011 Spruce Meadows Changing Fortunes Round Table in Calgary
Sergio Marchionne spoke about Chrysler Group’s progress and the global automotive industry on Sept. 9 in Calgary. Marchionne was a marquee speaker in the 21st year of the business forum.




September 12, 2011 , Calgary, Alberta - Excerpts -- 2011 Spruce Meadows Changing Fortunes Round Table

“The problem of overcapacity … is no longer a NAFTA problem” for Chrysler. “We have taken out every ounce of unnecessary capacity out of the system.” Chrysler has been retooled not to lose money at 10 million SAAR.

“The important thing is to maintain the discipline that the restructuring forced in 2009 and that effectively … is still part of our DNA today. I think the fact that the three heads of the automakers in Detroit today are non-Detroit people … has brought a level of realism to the running of a car operation.”

“I’ll give you four things that fundamentally made it almost a slam-dunk decision to allow Fiat to come in and effectively be given an equity interest in Chrysler.

a phenomenal arsenal of powertrain technology

access to non-NAFTA markets

number of architectures required to make Chrysler competitive

a proven track record of being able to turn around a car company”

“We have announced now a combined management structure, which is going to lead the Fiat-Chrysler organization going forward. There are people from both sides of the house, and the objective is relatively clear. We’re going to have one global car company that will be managed in a very multi-national, multi-ethnic manner but it will have no stripe in terms of nationality. It can’t have one.”

“We’re going to be selling nearly 4.2 million cars this year. We’re going to be the fifth largest automaker in the world.”

“Chrysler can sell 1.5 million cars a year and not lose money. We’re going to sell two million this year. The difference between the 1.5 and 2 million is $2 billion in profits. And next year we’re going up to 2.4 million cars and we’re going to make over $3 billion in operating profit.”

“The future of this industry is bound to lead to an elimination of marginal players.”

“The car business forgot how to make cars, and it forgot what industrial discipline looks like. … It’s up to us to avoid decay. Decay is a result of an intentional act of neglect. It’s not random, it’s because bad leaders make those calls. And in my view, I think we've come a long, long way in rectifying the anomaly by putting people in this business now that know what they’re doing.”

Rick

Nitro Year: 2007 (1 of 91,815 sold in 07)
Nitro Model: R/T 4X4 Stone White
CAT-BACK Exhaust, CAI, Projector Head Lamps
Fully-Equipped w/all factory options
rickaren is online now  
Sponsored Links
Advertisement
 
Reply

  Dodge Nitro Forum > Dodge Nitro News & Polls > Chrysler/Dodge/Jeep News

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Dodge Nitro Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:
OR

Log-in











Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode



Posting Rules  
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome