GoAutoLogo
MENU

News - General News - People

FCA boss dies aged 66

Smooth operator: Mr Marchionne was known for his forthright manner, characterised by the ability to mix light-hearted banter with cool and calculated business decisions.

Auto industry mourns the death of FCA architect Sergio Marchionne

General News logo26 Jul 2018

- The architect of Fiat Chrysler Automobiles and the master of reviving ailing car companies, Sergio Marchionne, has died aged 66.
 
- Mr Marchionne is credited with rescuing a crippled Fiat, taking on the role of CEO in 2004 just after it had posted a $US7 billion loss. He promptly sacked most of Fiat’s management and within 10 years, he merged Fiat with another ailing orphan, Chrysler, and took it to a Wall Street public listing.



Click here for full story: FCA boss dies aged 66

 


Click to share

Click below to follow us on
Facebook  Twitter  Instagram

General News articles

Motor industry news

GoAutoNews is Australia’s number one automotive industry journal covering the latest news, future and new model releases, market trends, industry personnel movements, and international events.

Catch up on all of the latest industry news with this week's edition of GoAutoNews
Click here