Car world: Mourning for Sergio Marchionne
SHOCK Sergio Marchionne did not live to see his retirement as head of the Fiat Chrysler (FCA) car group, announced for spring 2019. He died unexpectedly in Zurich this week. The 66-year-old son of an Italian carabiniere from Chieti in the Abruzzo region who had emigrated to Canada was one of the exceptional figures among the international top managers of the past [...]
The 66-year-old son of an Italian carabiniere from Chieti in the Abruzzo region who emigrated to Canada was one of the exceptional international top managers of the past decade. After all, Fiat, once Italy's national pride, owes its survival to the tax advisor and auditor.
Mike Manley has taken over the management of the business
Sergio Marchionne, who was also president of Ferrari and held a Canadian passport, had been at the helm of Fiat since 2004 and had led the group out of the crisis. Ten years later, he achieved a special coup with the takeover of the ailing carmaker Chrylser, which also owns the Jeep brand. Mike Manley had already taken over the FCA leadership at the end of last week. The Briton had previously been responsible for the Jeep off-road vehicle brand at Fiat Chrysler.
