Word: challengees
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All this has a touch of Italian hyperbole, but the point is a serious one as Marchionne, 57, tackles his next big challenge: Chrysler. For at Chrysler, he's moving, just as he did at Fiat, to restructure the organization, overhaul production, revamp the lineup, motivate a beaten-down workforce...
If Marchionne is to succeed, he needs above all to reposition Chrysler from maker of clunky, overpowered gas-guzzlers to purveyor of must-own, energy-efficient vehicles. "The challenge for Fiat Chrysler is to move away from popular products and into 'pop' products, full of cool environmental technology and on...
Marchionne's most interesting challenge is that Chrysler's new owners, postbankruptcy, are his employees - the United Auto Workers, which holds a 55% stake through its retiree trust fund. His other bosses include the U.S. and Canadian governments, which hold 8% and 2%, respectively. Fiat will start with a 20...
• Nearly ousted Senator Harry Reid, the current Senate majority leader, in a 1998 challenge. Reid defeated Ensign by fewer than 500 votes in a bitter campaign that cost both sides more than $8 million. Won a Senate seat easily on his second attempt in 2000, and fought off a...
While the U.N. resolution doesn't authorize the use of military force by navies conducting the interdictions, it does permit U.S. and allied warships to challenge vessels suspected of ferrying arms and nuclear components on the high seas. The international community, including traditional North Korean protector China, seems to be...