Fiat Denies Report CEO Marchionne Discouraged Investment in Chrysler IPO

Newswire

MILAN, Oct 10 (Reuters) - Italian carmaker Fiat denied on Thursday a report by broker Sanford C. Bernstein that Chief Executive Sergio Marchionne had made comments discouraging investors from taking part in a listing of its U.S. unit Chrysler. In a statement on Thursday Fiat said the Bernstein report misrepresented the presentation CEO Sergio Marchionne gave at a Fiat investor meeting. "The report mischaracterizes Mr Marchionne's presentation, which was made at a Fiat investor ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 9, 2016
Video
WardsAuto

FCA 3.0L Diesel V-6 -- 2016 Award Acceptance

FCA accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×