FIAT CHRYSLER CEO PASSES AWAY

Sergio Marchionne, the turnaround expert who had led the revival of Fiat and Chrysler, passed away a week after he stepped down from the top job at Fiat Chrysler Automobiles, Ferrari and CNH Industrial due to medical issues. He was 66. Marchionne was at the helm of the Italian-American automaker for 14 years. Mike Manley, who had led the company’s Jeep and Ram brands, took over as FCA chief.