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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Marchionne and Sergio Marchionne

Sergio Marchionne: Just two years before that speech, Chrysler sought and received $2.9-billion from Canadas taxpayers and $12.4-billion from the U.S. government, amid a doomsday scenario for the automotive sector. It was rather cheeky of Mr. Marchionne, then, to try to take the side of the 99 per cent. Chrysler has always been a poster boy for the sort of avarice that some companies inflict on 100 per cent of taxpayers: the ever-constant demand that governments ante up money or a company will shift production to another jurisdiction. More Related to this Story, according to Globe and Mail. Chryslers pitch: two plants, $3.6-billion, thousands of jobs Back in late 2011 after the Occupy Wall Street protests, Fiat-Chrysler chief executive Sergio Marchionne gave a speech in Toronto to decry what he called the most inane displays of greed. The reference was to behaviour he had observed while serving on various corporate boards over the years. Marchionne plays tough in Windsor plant negotiations (www.immigrantscanada.com). As reported in the news.