John Elkann

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Marchionne’s condition said to be irreversible

July 23, 2018 Bill Cawthon 0

The Italian press is reporting that former FCA and Ferrari CEO Sergio Marchionne has been in a coma since Friday. Il Stampa noted that its sources say Marchionne’s condition is irreversible and that he is breathing with a ventilator. Marchionne is currently in the intensive care unit at the University […]

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News Flash! Manley new FCA CEO

July 21, 2018 Bill Cawthon 1

In an announcement sure to cause shockwaves throughout the automotive and investment communities, FCA and Ferrari have said they are under new management. Mike Manley, 54, head of the Jeep brand, will replace Sergio Marchionne as the interim CEO of Fiat Chrysler Automobiles, pending the board’s approval of Manley as […]