Fiat Chrysler is launching a breakneck global growth effort built around its upmarket Alfa Romeo, Jeep and Maserati brands, and CEO Sergio Marchionne pledged to stay five years - two more than previously disclosed - to see the plan through.In a 10-hour, marathon presentation to financial analysts on Tuesday, Marchionne outlined a long-awaited business plan aimed at reviving the company's historic carmaking names and persuading investors it can overcome high debt, an uncertain market and past missteps to close in on industry leaders such as Volkswagen AG and Toyota Motor Corp."Today is much more than a new chapter. We are writing an entire new book," Marchionne said in his opening remarks.Amid sometimes skeptical questioning about the goal of boosting sales by 60 percent and increasing net profit five-fold by 2018, Marchionne shifted between quoting philosopher Friedrich Nietzsche and spouting financial ratios at the company's U.S. regional headquarters.
TOYOTA MOTOR CORPORATION is a Japan-based company mainly engaged in the automobile business and financial business. Shares of TM fell by 0.4% or $-0.44/share to $109.00. In the past year, the shares have traded as low as $103.38 and as high as $134.94. On average, 457998 shares of TM exchange hands on a given day and today's volume is recorded at 429373.
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