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Mike Manley Becomes New Fiat Chrysler CEO, Marchionne Steps Down

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FCA CEO Mike Manley and Marchionne

Health complications has forced Sergio Marchionne to step down from his post as Fiat Chrysler Automobile’s CEO. He has been replaced by Mike Manley effective immediately.

Marchionne had been recovering from shoulder surgery for some months, but a deterioration in his condition has rendered him incapable of running the automaker effectively.

FCA did not elaborate, but having served as FCA CEO since 2004, the former tax account oversaw a controversial tenure that included the acquisition of Chrysler during the 2008 global financial crisis, saving it from bankruptcy; the reintroduction of the Fiat, Alfa Romeo and Maserati brands to North America; spinning off Ferrari; and killing off Chrysler’s passenger cars,

Marchionne was expected to retire at age 66 in 2019. His replacement, Manley was previously the boss of FCA’s Jeep and Ram brands and assumes all powers of the CEO by the board of directors. John Elkann will become chairman at Ferrari, a post Marchionne was expected to hold in until 2021.

Is Fiat Chrysler better off without Sergio Marchionne? Share your thoughts in the comments below.

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Is Alfa Romeo Giving Birth To A Baby SUV?

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Blue Alfa Romeo Stelvio SUV

Stelvio might be getting a little brother.

Alfa Romeo will reportedly release a brand-new crossover that slots below the Stelvio compact crossover.

Sources famaliar with the vehicle revealed to Greece’s that the model will ride on a model-specific version of the Giorgio platform that underpins the aforementioned Stelvio and the Giulia, meaning it will be rear-wheel drive or, optionally, all-wheel drive.

Power will likely come from a turbocharged, four-cylinder engine and, as unlikely as it might be for the small crossover segment, possibly a V6.

A sub-Stelvio crossover was a centerpiece of the five-year product plan Alfa Romeo presented in June 2018, so this is more than just a rumor. In fact, previous reports claim it will share platforms with either the Jeep Renegade or Compass rather than with the Stelvio.

If designed and built right, the little Italian high-rider could become the company’s best-seller, and releasing it as quickly as possible would help the company reach its goal of selling 400,000 cars annually by 2022.

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Alfa Romeo’s Small SUV Will Be Based On Jeep Compass

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Red Alfa Romeo Stelvio Quadrifoglio SUV

The Italian automaker’s next high-riding model will borrow from Jeep.

Alfa Romeo’s SUV lineup will soon grow with the addition of a new compact crossover based on the Jeep Compass, which contradicts earlier reports claiming it would ride on a shrunken version of the rear-wheel drive Giorgio platform that underpins the Giulia sports sedan.

According to , Fiat Chrysler Automobiles will dedicate $5.7 billion to produce new models and engines at its factories in Italy.

The new compact Alfa Romeo SUV, which is expected to be offered with a plug-in hybrid powertrain, will sit below the Stelvio (pictured) and compete in the same segment as the Volvo XC40, Audi Q3 and Lexus UX.

FCA didn’t confirm when the new Alfa Romeo SUV will arrive or if it will be sold in the United States and Canada, but an earlier report claimed it will arrive in 2021 at the earliest.

How does the idea of an Alfa Romeo based on a Jeep compass sound? Share your thoughts in the comments below.

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Alfa Romeo May Be Expecting A Baby SUV In Three Years

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Alfa Romeo logo on grille

Because everyone and their mother still wants an SUV more than anything else…

Alfa Romeo is reportedly working on a new baby SUV positioned below the Stelvio in a growing lineup that will also include a larger, seven passenger SUV. The model will compete with other subcompact crossovers like the Audi Q3, BMW X1 and Mercedes-Benz GLA.

According to , the small SUV is expected to arrive in the next three years and will play an important role in the brand’s goal of reaching 400,000 vehicles sales per year by 2022.

It could ride on a shortened version of the Giorgio platform that underpins the Stelvio and Giulia, likely coming standard with rear-wheel drive and all-wheel drive optionally.

A range of electrified powertrains and even Level 3 autonomous driving technology could also be part of the options list.

In addition to the new SUVs, Alfa Romeo has plans to introduce a GTV coupe and a replacement for the 8C.

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