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News - General News - PeopleFCA boss dies aged 66Smooth 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 Marchionne26 Jul 2018 By NEIL DOWLING - 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.
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