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David Rosenthal

👤 Speaker
38677 total appearances
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Appearances Over Time

Podcast Appearances

Acquired
Ferrari

So Sergio Luca and John Elkin come into Fiat in 2004.

8673.643 View full episode →
Acquired
Ferrari

Within two years, they have returned the company to profitability.

8679.289 View full episode →
Acquired
Ferrari

They've got a handle on the debt.

8684.855 View full episode →
Acquired
Ferrari

2007, the Fiat 500 comes out.

8687.598 View full episode →
Acquired
Ferrari

It's a massive success.

8690.301 View full episode →
Acquired
Ferrari

2008 hits.

8691.663 View full episode →
Acquired
Ferrari

The financial crisis hits.

8694.286 View full episode →
Acquired
Ferrari

All of the U.S.

8696.613 View full episode →
Acquired
Ferrari

car companies are in really bad shape.

8697.535 View full episode →
Acquired
Ferrari

Well, Sergio says, we can play offense here.

8709.016 View full episode →
Acquired
Ferrari

So he engineers a partnership with Chrysler, which had been quasi-nationalized, taken over by the U.S.

8714.063 View full episode →
Acquired
Ferrari

government at this point in time.

8724.156 View full episode →
Acquired
Ferrari

Right.

8725.758 View full episode →
Acquired
Ferrari

The big three automakers in the U.S., yes.

8729.383 View full episode →
Acquired
Ferrari

So they engineer a partnership in 2008, Sergio does with Chrysler,

8731.526 View full episode →
Acquired
Ferrari

And then fully acquires the company in 2014.

8736.472 View full episode →
Acquired
Ferrari

FCA.

8743.789 View full episode →
Acquired
Ferrari

And basically for free.

8744.611 View full episode →
Acquired
Ferrari

Fiat paid either zero or almost zero in sort of equity value for Chrysler.

8747.939 View full episode →
Acquired
Ferrari

Wow.

8753.07 View full episode →
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