Fiat CEO Says Can’t Accept Ferrari Formula One Performance

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BN 09/07 12:20 *FIAT CEO SAYS CAN'T ACCEPT FERRARI CURRENT F1 RESULTS BN 09/07 12:19 *FIAT CEO SAYS FERRARI SHOULD IMPROVE FORMULA 1 RESULTS BN 09/07 12:17 *FIAT CEO REITERATES PLAN FOR OCT. 13 NEW YORK LISTING BN 09/07 12:16 *FIAT CEO ON MONTEZEMOLO: EVERYBODY NEEDED, NO ONE INDISPENSABLE BN 09/07 12:13 *MARCHIONNE: DECISION ON TREASURY WITHDRAWAL SHRS SALE END OCT BN 09/07 12:10 *MARCHIONNE SAYS FCA BOARD TO REVIEW CAPITAL NEEDS END OF OCT BN 09/07 12:09 *MARCHIONNE: 'NOTHING ON THE TABLE' ON MONTEZEMOLO BN 09/07 12:09 *MARCHIONNE SAYS HE WOULDN'T HAVE MADE MONTEZEMOLO'S COMMENTS BN 09/07 12:07 *MONTEZEMOLO LEAVING FERRARI NOT ON AGENDA: MARCHIONNE BFW 09/07 12:01 *FIAT CEO MARCHIONNE SPEAKS TO REPORTERS IN CERNOBBIO, ITALY BN 09/07 12:00 *MARCHIONNE: DISCUSSION ON CAP NEEDS END OF OCTOBER

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Fiat CEO Says Can’t Accept Ferrari Formula One Performance 2014-09-07 12:56:43.556 GMT

By Tommaso Ebhardt Sept. 7 (Bloomberg) -- Fiat CEO Marchionne says change of Ferrari chairman “not on the agenda, nothing on the table.” * Marchionne says “everybody is needed, nobody is indispensable” on Ferrari Chairman Montezemolo * Marchionne says he wouldn’t have Montezemolo’s remarks yesterday * NOTE: Fiat controls Ferrari * NOTE: Montezemolo Says He Committed to Ferrari Job For Further 3 Yrs {NSN NBHAZ76JTSE8 <go>}

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To contact the reporter on this story: Tommaso Ebhardt in Milan at +39-02-8064-4231 or tebhardt@bloomberg.net

To contact the editor responsible for this story: Chiara Vasarri at +39-06-4520-6325 or cvasarri@bloomberg.net