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Quotes from Sergio Marchionne

I am totally in line with the fact that I think wealth distribution for carmakers needs to be redimensioned to allow labor to take a piece of that wealth distribution.
~ Sergio Marchionne
Chrysler's best assets were its Jeeps, minivans, and light trucks. Fiat's expertise was in small-car technology and fuel-efficient engines, the very thing that Chrysler lacked.
~ Sergio Marchionne
When I was young and foolish, and I had no money, I bought myself the carcass of a Jaguar E-Type. It was a rust bucket. I spent all my university savings trying to fix the car. I never did, and I finally sold it to recover at least part of my investment.
~ Sergio Marchionne
Most car advertising assumes that people have IQs that are missing a digit.
~ Sergio Marchionne
Don't believe your own press, and don't give speeches.
~ Sergio Marchionne
Having had to live through a period of integration into another country a number of years ago, I am keenly aware of the negative implications of stereotyping and the significant efforts required to undo its effects.
~ Sergio Marchionne
When we agreed to the changes in the emissions standards and the objectives for 2025 with President Obama, there was a very clear road map that was put in place that required a midterm review, which should have been completed by 2017 and '18.
~ Sergio Marchionne
There's no doubt that we are, by traditional automotive manufacturing standards, an automotive conglomerate. And so that causes confusion by definition.
~ Sergio Marchionne
I think the likelihood that combustion will continue to represent the large portion of the power unit world is very small.
~ Sergio Marchionne
By 2025, more than half of the power units you see on the road will have some relevance of electrification. There may be a base combustion engine, but it is combustion and electrification that will make the machine run.
~ Sergio Marchionne
We have been very reluctant to make statements about where the industry is going to go. The Wrangler is going hybrid in 2020. We don't make much noise about that, but it will happen.
~ Sergio Marchionne
I don't want to conquer North America. I only want a share.
~ Sergio Marchionne
I act like a native in North America. I eat sliders in Detroit.
~ Sergio Marchionne
Following the automotive pack down unwise and unprofitable roads is not just naive but also very dangerous.
~ Sergio Marchionne
People don't like the car business. They like going to car sales, but they don't like the stock of the car companies.
~ Sergio Marchionne
FCA is a culture of leaders and employees that were born out of adversity and who operate without sheet music.
~ Sergio Marchionne
I've always had this incredible sense of urgency. I've always had this desire not to let things fester and to really seize the moment, because it's serendipity.
~ Sergio Marchionne
It would be idiotic to position ourselves against Silicon Valley.
~ Sergio Marchionne
My job is not to make decisions but to set stretch objectives and help our managers work out how to reach them.
~ Sergio Marchionne
People need to trust you: that you're going to pull them out and that they will follow you when you pull them out. If they don't get that comfort, they're going to drop you. This is true of organizations. It's true of countries.
~ Sergio Marchionne
You only produce one car less than the demand for the vehicle. You just don't exceed that equation.
~ Sergio Marchionne
International alliances reduce the cost of developing cars significantly.
~ Sergio Marchionne
There's nothing worse in life than to sit there and be the victim of a process that's outside your control.
~ Sergio Marchionne
It takes me exactly a minute and a half to get dressed in the morning.
~ Sergio Marchionne