Chrysler-Fiat CEO Will Remain Until at Least 2017

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Chrysler-Fiat CEO Will Remain Until at Least 2017
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Fiat-Chrysler CEO Sergio Marchionne will remain at his post until at least 2017.

Marchionne will remain as CEO to oversee the full merger between Fiat and Chrysler along with executing a new strategy to turn Fiat’s operations around in Europe. According to Fiat Group Chairman John Elkann, a new three-year business plan will be revealed in early May which Marchionne will lead “at least for the entire duration” of the plan.

SEE ALSO: 2015 Chrysler 200 Debuts With Trick All-Wheel Drive

Previously, Marchionne said that he would step down as CEO in 2015 but given the delicate situation that both automakers are in, he will remain at the helm while the automakers begin grooming a new CEO. Marchionne hopes to complete the Fiat-Chrysler merger this week and the Fiat board will meet on January 29 in Europe to approve the new corporate name and other details of the merger.

GALLERY: 2015 Chrysler 200 Live Reveal

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[Source: Automotive News Europe]

Discuss this story at our Fiat forum.

  • Bleeding Gums Murphy

    Haha! SEVEN Journey references. And to think people barely know one song from the band.

  • Rickers

    This is both brutal… and awesome.

  • chris

    dodge is the best and cheapest suv you can buy out there

  • Jon

    “That’s not far off of the EPA estimated 19 MPG combined but other bigger V6 equipped three-row crossovers like the Santa Fe and Pathfinder can muster more miles per gallon.” Ummm, excuse me, those SUV’s do NOT have BIGGER V6’s than the Journey. The Santa Fe is 3.3 liters (290 hp) and the Pathfinder is 3.5 (260 hp). Check your facts more carefully next time.

  • steveinglendale

    Um, that’s bigger as in interior space/accommodations. Read the lines before commenting.

  • Raccoon1

    We have a 2010 Journey, and love how it drives and handles, but it doesn’t get good gas mileage at all and it needs more interior space. I wish we had gone with the new Durango instead.