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FCA issued a statement from Exor, the holding company of Fiat's founding family and main shareholder of FCA
"Unfortunately, Sergio Marchionne, a man and a friend, was afraid of what was waiting for us " John Elkann, chairman of the board of the FCA
Markionne last week replaced Manchester United with 14-year-old Mike Manley, member of the Agnelli clan and president of Fiat
Marchionne wanted to be the head of the FCA group until 2019. Fiat's front was in 2004, during its biggest crisis. Under his leadership, the Italian automaker took over the American competitor Chrysler. At the end of his career, Marchionnem managed to reach his last major goal – announcing that the band was completely unblocked at the end of June
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