Fiat’s Marchionne to head Chrysler

Fiat CEO Sergio Marchionne reportedly will head Chrysler after the automaker emerges from bankruptcy within two months. Marchionne met with the U.S. government about his plans for the company, and is scheduled to meet with Chrysler executives to work out the details of the merger.
“Chrysler is on track to re-emerge from bankruptcy in 60 days. I will become Chrysler CEO after that,” said Marchionne.
The Italy-based Fiat aims to turn into a global force in the auto industry. They have interest in acquiring Saab and have already been in talks with GM about acquiriing its Opel and Vauxhall operations in Latin …read more