Fiat SpA CEO Sergio Marchionne Opens Grugliasco Production Facility

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Luca Cordero di Montezemolo, chairman of Ferrari SpA, right, gestures... News PhotoAutomobile Industry,Business,Car,Chairperson,Corporate Business,Economy,Environment,Europe,Expense,Factory,Finance,Gesturing,Horizontal,Italy,Land Vehicle,Looking,Luca Cordero di Montezemolo,Luxury,Mode of Transport,Occupation,Sedan,Turin,Vehicle Brand Names,WealthPhotographer Collection: Bloomberg 2013 BloombergLuca Cordero di Montezemolo, chairman of Ferrari SpA, right, gestures as he looks at a Maserati Quattroporte subframe during the inauguration of the company's Grugliasco factory in Turin, Italy, on Wednesday, Jan. 30, 2013. Fiat SpA Chief Executive Officer Sergio Marchionne said the Italian carmaker narrowed losses in Europe in the fourth quarter, helping it achieve full-year earnings that were in line with its forecasts. Photographer: Alessia Pierdomenico/Bloomberg via Getty Images