#marchionne

Fiat Chrysler CEO Sergio Marchionne has been replaced with former Jeep and Ram brand boss Mike Manley after the Italian-Canadian businessman’s health worsened in hospital over the weekend.

FCA won’t be killing off its Fiat and Chrysler car brands, however the two entities are in for a major shakeup in coming years. 

In October of 2015, Ferrari held its IPO and became a publically traded company after nearly 70 years of being privately held. 

Ferrari is officially under new management this week, a shift that will mark significant changes for the prancing pony brand.

The current CEO of Fiat Chrysler has announced his intention to step down as the head of the company in 2018. 

It’s unlikely that Chrysler’s future plans include small cars with diesel engines.

The latest plan to right Alfa Romeo’s sales will call on the same strategy in place with Maserati: premium global expansion.

The Jeep Wrangler and Dodge Grand Caravan won’t stack up to increasingly stringent fuel consumption standards and will need an overhaul soon.

It wasn’t so long ago that diesel engines conjured images of black smoke belching trucks with exhaust stacks sticking out the sides.

If Fiat ever sells Alfa Romeo, says VW chairman Ferdinand Piech, Volkswagen could take the underperforming brand and quadruple its sales within five years. Ambitious? Fiat CEO Sergio Marchionne certainly doesn’t think so.