Photo credit: FCA
Fiat Chrysler Automotive (FCA) has been riding some recent highs to start this summer along with upcoming plans to announce a new CEO. News just broke about Wayco, a company that helps create autonomous vehicles, purchasing 62,000 Chrysler Pacifica Hybrid minivans with the hope of having retail autonomous vehicles by 2023. Not only has their choice for their autonomous vehicle, the 2018 Chrysler Pacifica a smart choice, critics and fans agree.
The Chrysler Pacifica has been awarded many accolades this year, like winning Cars.com’s “Family Car of the Year” award for the second year in a row, but other brands under the FCA umbrella have seen surges of sales increase from last year to this year, such as the Jeep brand.
The Next CEO of FCA
FCA’s CEO Sergio Marchionne is set to retire after this year and the next CEO has not been announced. Speculation has pointed to a few names that could serve as Marchionne’s replacement. Mike Manley has been with the company since 2000 first serving as a director in the United Kingdom, he then became CEO of the Jeep brand in 2009, then moved to become CEO of Ram in 2015. This move would make the most sense as both brands are popular and expected to continue to grow apart of the FCA umbrella.
Alfredo Altavilla, current Chief Operating Officer for Europe, Africa and Middle East and a head of business development for FCA, has been another contender to take over as FCA CEO. Having been with the company since 1990, he’s been able to witness the expansion over into multiple European markets and has the ear of Marchionne.
The final name in contention to become the next CEO is current Chief Financial Officer of Systems and Castings, Richard Palmer. He’s been linked to Marchionne as someone trusted and knowledgeable to handle the role. Palmer has been with FCA since 2003, first joining the company after leaving as CFO of robotics manufacturer Comau. There’s only rumors as to who will succeed the current CEO, but the future for FCA is up for grabs for these candidates.
Marchionne’s run as CEO started when Chrysler was dealing with financial complications and Fiat wasn’t doing as well as it is today. With the auto industry changing, FCA will look to continue expanding their brands with a fresh approach to car building, adding to the already incredible legacy that their combined flagship brands hold. From Jeep to Chrysler to Ram, Dodge and Fiat, there’s been consistent growth since the great financial recession of the previous decade.
New Changes Coming For FCA Brands
Most recently, Marchionne announced a plan to create and grow the mid-size pickup for the Ram brand, while decreasing the size of the Fiat lineup. Ram wants to significantly upgrade the technology of their existing heavy-duty lineup. Fiat has new plans to have a fully electric lineup in their 500 family vehicles.
Find the Latest Ram, Chrysler, Jeep and Dodge Vehicles All at One Place
Our professional staff is ready to help you buy, lease, sell or trade-in your vehicle and receive an excellent deal on. If you’re in need of vehicle repairs, our service team is helpful and knowledgeable about what steps we can take to improve your current vehicle.
From everything to the latest new vehicles to over 400 pre-owned vehicles that you might not believe are actually pre-owned, Miami Lakes Automall has everything you’d hope for in a dealership. We look forward to providing you that wonderful car buying experience you’re hoping for. Come by for a test drive and we’ll see you soon!
Easy Related Posts
Chrysler Files To Trademark Its Airflow Concept
The Chrysler Airflow concept has been the focal point of a recent application for patent ...read more
2022 Chrysler Pacifica: All The Latest
Chrysler’s upscale minivan is back at it again for the 2022 model year, and this ...read more
The Fully Electric Chrysler Pacifica Will Be Front And Center Of The Upcoming EV Lineup
The Chrysler brand is expanding its portfolio from its current two models (the 300 sedan ...read more
The 20220 Chrysler 300: Drive In Style
The 2022 Chrysler 300 sedan remains a force to be reckoned with in the world ...read more