The Financial Times report citing Altavilla's court testimony stated that, "Fiat will name chief executive Sergio Marchionne, Alfredo Altavilla, its head of business development, and Lucio Noto, former vice-chairman of ExxonMobil, to the board of new Chrysler." Altavilla also said Marchionne should be named chief executive and "spend a substantial amount of time in Detroit."
Less than a week after sealing a deal with Chrysler to form a partnership, Fiat CEO Sergio Marchionne visited Berlin to try to convince Germany's political leaders of his plan to create a European car giant with the acquisition of General Motors Corp's Opel unit.
Ratan Tata pored over every inch of the new million-euro LaFerrari on the Italian supercar maker's stand at the Geneva auto show.
"I have to admit that so far, the venture with Fiat has not been as active as we had thought," Tata said.
The idea behind this was simple: the new Fiat 500 was all about innocence and about re-birth, in many ways
Tata Motors on Friday announced its partnership with Italy-based Fiat Auto Spa.
Marchionne writes off Ferrari's season of failure
20 CEOs are from the companies based in US.
A range of new luxury cars were unveiled at the Geneva International Motor show.
Ferrari have parted company with chief designer Nikolas Tombazis and engineering director Pat Fry, two of the men responsible for designing this year's car as the team endured their first season without a win since 1993.
Ferrari's Sebastian Vettel said he would still sleep soundly despite a mistake that cost him a home German Grand Prix win at Hockenheim and the Formula One championship lead on Sunday.
Quadruple Formula One world champion Sebastian Vettel says he is living a boyhood dream after completing his first weekend at Maranello as a Ferrari driver.
"It was not a problem of the mechanics, it was our problem and we have to make sure we fix it"
Ferrari could lead other Formula One teams into an alternative championship if the sport becomes too much like the US-based NASCAR series.
He and Sebastian Vettel get on well, with the German keen on him staying, and Kimi Raikkonen has shown his loyalty this season by accepting team orders to his detriment.
'I think the team has obviously done a really, really great job, a lot of hard work, commitment and... things start to click'
Ferrari are still waiting to take the fight to Formula One champions Mercedes after a Russian Grand Prix that left even their dominant rivals surprised by the gap in performance.
Ferrari were already feeling the frustration and Sunday's Chinese Grand Prix added a measure of embarrassment to the mix for Formula One's most successful and glamorous team.
Ferrari chairman Sergio Marchionne said while he supported cost-cutting, there are other strategic issues under discussion that could force Ferrari to consider racing elsewhere.
Lewis Hamilton has raised his game but whether the Mercedes driver can deny Ferrari a second successive win of the season in China this weekend remains to be seen.
Formula One world champion Lewis Hamilton won the Hungarian Grand Prix from pole position for Mercedes on Sunday to go into the August break with a 24-point lead over Ferrari rival Sebastian Vettel.
A decade on from their last driver's title, courtesy of Kimi Raikkonen in 2007, Ferrari emerged from eight days of testing in Spain with the fastest lap times coupled with impressive reliability.
Fernando Alonso is leaving Ferrari at the end of the season because he wants a fresh environment and needs to be winning again, the Formula One team's ex-chairman Luca di Montezemolo said on Wednesday.
The glass was half full for Ferrari team boss Maurizio Arrivabene after Sunday's Italian Grand Prix, even if Kimi Raikkonen filled it almost to the brim before sloshing the contents around.
The winds of change have swept through Ferrari and even Christmas has a different feel now.
The four-time world champion's fifth win of the season for Mercedes left him on 213 points to 189 for Ferrari's Sebastian Vettel, who finished second, and relishing the prospect of a stress-free family holiday.
A summary of sports events and sports persons, who made news on Monday
Formula One has lost another of its principals.
Mukund Rajan, who worked closely with Ratan Tata, recalls the unique experience of working with the corporate titan.
Summary of sports events and persons who made news on Tuesday
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