Will Fiat’s World Headquarters Move to Michigan?
Sep26

Will Fiat’s World Headquarters Move to Michigan?

“It is always good when a man has two irons in the fire.” –Francis and Fletcher, John Beaumont, The Faithful Friends, Act 1.

While there’s certainly something to be said for the value of multitasking (though studies have proven that the human brain actually cannot focus on more than one task at a time), Sergio Marchionne has proven that it’s very difficult to juggle management of two multinational automobile companies as he shuttles between Chrysler and Fiat.

Read More

Investors Launch $2.6 Billion USD Lawsuit Against Porsche Over Failed VW Takeover Bid

By Carl Malek

Typically, the start of a brand new year is usually an opportunity to look towards a bright future filled with new beginnings. Unfortunately for the folks at Porsche, an ugly incident from the company’s past has resurfaced thanks to the efforts of a group of investment funds which have filed a lawsuit seeking $2.6 billion USD in damages over the events that took place during the company’s ill-fated attempt to take over Volkswagen back in 2008.

Read More