Fiat Chrysler

MILAN | Fiat Chrysler’s new CEO announces new management structure

MILAN — The new CEO of Fiat Chrysler Automobiles has announced management changes two months after taking over following the unexpected death of long-time Chief Executive Sergio Marchionne. Mike Manley said Monday that the head of the Alfa Romeo brand, Tim Kuniskis, replaces him at the head of FCA’s biggest-earner, Jeep, while Reid Bigland becomes … Continue reading MILAN | Fiat Chrysler’s new CEO announces new management structure

BEDMINSTER, N.J. | Trump says GDP growth ‘could be in the 5s’ next quarter

BEDMINSTER, N.J. — President Donald Trump says he thinks gross domestic product growth in the next quarter “could be in the 5s” — that is, higher than 5 percent — as he hosts business leaders at his Bedminster, New Jersey, golf resort. Trump made the bold prediction Tuesday evening at a dinner with leaders from … Continue reading BEDMINSTER, N.J. | Trump says GDP growth ‘could be in the 5s’ next quarter

MILAN | Swiss hospital: Fiat CEO Marchionne treated for over a year

MILAN — The Zurich University Hospital where Fiat Chrysler Automobiles founding CEO Sergio Marchionne died says he had been treated there for a “serious illness” for more than a year. The hospital said Thursday that Marchionne had received cutting-edge treatment, adding “we deeply regret his death and express our deepest condolences to the family.” The … Continue reading MILAN | Swiss hospital: Fiat CEO Marchionne treated for over a year

MILAN | Fiat Chrysler profits sink in last quarter under Marchionne

MILAN — Fiat Chrysler Automobiles has lowered its full-year targets after second-quarter profits sank by 35 percent, but confirmed the carmaker had eliminated its net industrial debt. Fiat Chrysler announced its earnings Wednesday shortly after confirming the death of its long-time CEO Sergio Marchionne, who was hastily replaced due to a sudden deterioration in health. … Continue reading MILAN | Fiat Chrysler profits sink in last quarter under Marchionne

MILAN | Fiat Chrysler is shaken without visionary CEO behind wheel

MILAN— Fiat Chrysler shares were volatile Monday as investors expressed worry about the exit of ailing CEO Sergio Marchionne, whose driven and creative management style has been the company’s fortune. Shares in the Italian-American carmaker closed down 1.5 percent after a harder 4 percent opening tumble in the first trading since Marchionne’s grave health condition … Continue reading MILAN | Fiat Chrysler is shaken without visionary CEO behind wheel

MILAN | Ailing auto CEO Marchionne had multiple roles, no script

MILAN — Sergio Marchionne‘s achievements as one of the automotive world’s most charismatic chief executives include the bold trans-Atlantic merger of Italian carmaker Fiat and U.S. No. 3 Chrysler after he restored both to health. But Marchionne told analysts during a big presentation last month that his true legacy at Fiat Chrysler Automotive would be … Continue reading MILAN | Ailing auto CEO Marchionne had multiple roles, no script

MILAN | Fiat chairman lauds ailing Marchionne as rare kind of leader

MILAN — The chairman of Fiat Chrysler Automobiles has written a letter to the carmaker’s employees to tell them that long-time CEO Sergio Marchionne’s condition has worsened, preventing his return to the Italian-American company he created through a bold merger. Chairman John Elkann, heir to the Agnelli family that founded Italian carmaker Fiat in 1899, … Continue reading MILAN | Fiat chairman lauds ailing Marchionne as rare kind of leader

Italy | Manley role at Fiat Chrysler a turning point for carmaker

Italy – The nomination of Mike Manley as CEO of Fiat Chrysler marks a turning point for the carmaker, putting a brand with historic Italian roots in the hands of someone with no ties to Italy — a Brit who showed his mettle by growing the quintessentially American Jeep into a global brand. Manley has … Continue reading Italy | Manley role at Fiat Chrysler a turning point for carmaker