Components are important in the evolution of cars, and there is increasing need for electronics.
It's my experience at Fiat and, now, Fiat Chrysler Automobiles that when there is a very strong CEO, it's a good thing to be chairman.
As long-term business builders, we invest our permanent capital and deploy management skills in support of talented leaders and companies with global potential.
Avoiding the all-too-typical divisive trappings of a takeover and creating instead a shared transnational culture - this is one of the most important lessons learned from combining Fiat and Chrysler to create FCA.
We have been told many times that we have become too big, but these are things that only someone who has no idea of the size of the competition can say. We are too small.
I learnt not to be desperate in bad times and am learning not to be bullish when times are good.
The 500X and Jeep Renegade are very different cars, but they are manufactured in the same plant and share R&D, which reduces the total investment required by 1 billion euros. That is why I'm convinced that the industry needs and will see more consolidation in the future.
My biggest satisfaction was to learn, inexperienced as I was, that it is possible to find ways out of the deepest difficulties.
Under our stable and committed ownership, PartnerRe will continue to develop as a leading independent global reinsurer.
I wish Rupert, Robert, and their hugely talented News Corp team continued and growing success in all they do, deploying News Corp's extraordinary skills and potential to the huge opportunities of a relentlessly more digital world.
We are convinced of the huge potential that still lies ahead and particularly in The Economist's ability to seize the many development opportunities linked to the digitisation of the media industry.
We think the ownership culture is very important, so we like to invest in businesses whose leaders are also owners.
Della Valle is worried about RCS? RCS is a company that is doing well; I don't think that Della Valle is worried about this.
I think there is empirical evidence that if you look at family controlled businesses, they actually outperform in terms of results and also valuations, the broader market.
There are no doubts in the value of Juventus. Many things, such as the new stadium, have strengthened the club.
