Word: punto
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...Will they sell? "There is a lot of potential," says a hopeful Ralph Gilles, Chrysler's Vice President of Design, who believes that cars such as the Fiat Punto and Bravo could have great appeal for American buyers. "The technology is there. These guys know how to do it," he says. (See the most important cars of all time...
Marchionne has recently talked about the company's becoming something of an Intel of the auto industry, providing key component parts to other car manufacturers. There are also rumors that he wants to build a $3,500 model Fiat Punto that could reconfigure the concept in the West of an economy car. But whether or not he's Chrysler's savior or the man to revolutionize the entire industry, Marchionne seems to have proved again that he knows how to strike a hard bargain: Fiat has landed 35% of Chrysler without spending a dime...
...Avenue to the tune of about $150,000 is unacceptable simply because she has spent so much time campaigning against elitist attitudes. And now here she is, crossing the tarmac in a pair of Cole Haan boots, showing up at Ground Zero in what definitely looks like an Akris Punto jacket (the average price of which runs in the $2,000 plus range), and delivering her speech at the Republican convention in a Valentino jacket. Ka-CHING...
...Akris is in the top 15 brands in all areas of Saks," says Boitano, noting that Saks carries the main line in 20 stores and the bridge line, called Akris punto, in 47 stores across the U.S. "When you consider Akris does not have shoes, handbags, fragrance, and its sales are driven entirely by ready-to-wear, that is a major feat...
...first time since the bank bailout. Elkann has been working hand in hand with IFIL chairman, Gianluigi Gabetti, 81, among Agnelli's closest confidantes. The pair picked Marchionne, the man largely responsible for the car company turnaround. Besides launching two successful new models, the Panda and Grande Punto, and streamlining management, Marchionne personally negotiated the deal that forced General Motors to pay out $2 billion to Fiat to free itself from a put option in the companies' 2000 joint-operating accord that could have forced the U.S. automaker to buy the Turin company outright. In the coming years, however, Elkann...