NPR

Fiat Chrysler's New CEO Faces Twin Challenges: China And Tariffs

The unexpected departure of Sergio Marchionne, the man who saved the automaker, is throwing Fiat Chrysler into crisis. It has yet to crack the key Chinese market and tariffs may hurt profits.
Jeep Wranglers are displayed at a Manhattan Fiat Chrysler dealership. The automaker's latest quarterly earnings announcement comes at a time of deep uncertainty for the company.

When Fiat Chrysler reports its quarterly performance Wednesday morning, it won't be like other earnings announcements from the auto company. It comes at a time of deep uncertainty. The charismatic CEO who led the acquisition of Chrysler and saved it from ruin nine years ago is no longer on the job.

Sergio Marchionne remains hospitalized following

You’re reading a preview, subscribe to read more.

More from NPR

NPR3 min readAmerican Government
A Michigan Grassroots Effort Is Raising Reparations, While The Government Lags
The year 2020 was a turning point for Lansing, Michigan resident Willye Bryan. Between the racial reckoning following the murder of George Floyd and the health disparities that hit the African American community during the pandemic, she knew it was t
NPR2 min readAmerican Government
Majorie Taylor Greene Is Planning A Vote Next Week To Oust Speaker Johnson
Rep. Marjorie Taylor Greene, R-Ga., says she will follow through on her threat to hold a vote to oust Speaker Mike Johnson sometime next week, despite signs that her effort will fail.
NPR2 min read
Walmart Says It Will Close Its 51 Health Centers And Virtual Care Service
The Arkansas-based company said that after managing the clinics it launched in 2019 and expanding its telehealth program, it concluded "there is not a sustainable business model for us to continue."

Related Books & Audiobooks