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Marchionne to take his sweater and go home after 2018

The end is in sight for Fiat Chrysler boss Sergio Marchionne, who confirmed in an interview with Bloomberg that once FCA's sweeping five-year plan is completed, he'd be stepping down from his post to "undoubtedly" do something else that didn't involve turning around global corporations. That would mean he should finish up after 2018 if all goes according to plan.
"It's as important to walk away from the table as it is to sit down," Marchionne told Bloomberg.
Marchionne has been at Fiat since June of 2004 and is one of the chief architects behind the Italian company's acquisition of Chrysler. Despite his successes, he does sound quite ready to move beyond the auto industry, rhetorically asking his Bloomberg interviewers if there "are other things I like to do apart from this?"

Sell your own: 1969 Plymouth Barracuda

Looking to sell your car? We make it easy and free. Quickly create listings with up to six photos and reach millions of buyers. Log in and create your free listings. Always the "third" element in Detroit's Big Three, Chrysler and its Dodge, Plymouth and Chrysler divisions, usually played catchup to GM and Ford. However, Plymouth actually arrived to the ponycar segment on time, with its launch of the Valiant-based Barracuda almost on top of Ford's Mustang. That said, the segment became named for ponies, not an aggressive fish. By 1969, the Ford Mustang and Chevy Camaro were becoming bigger and more sophisticated. The Barracuda, by contrast, held on to its essential simplicity. We'd prefer the fastback and a small-block V8, but in the context of 2017 collectible-car values for Mopar, even a Slant Six coupe with unknown mileage might be worth checking out. From the supplied pics, this '69 Cuda looks to be in good condition; if it weren't, the asking price would likely be south of $10,000 – not north. Scarcity's not an issue, so this Barracuda would seem well-suited for the resto-mod treatment (above and beyond the aftermarket hood scoops), while keeping the post-purchase investment as minimal as the original outlay. Chrysler Used Car Buying Buying Guide Ownership Coupe Performance

Fiat Chrysler Automobiles targets mid-October IPO

The merged Fiat Chrysler Automobiles is targeting October 13 to launch its initial public offering on the New York Stock Exchange, CEO Sergio Marchionne told reporters assembled for a meeting in Rimini, Italy.
"The most likely date for the listing in the US is October 13," Marchionne said, according to Reuters.
Marchionne is trusting that the money made in the IPO will be contribute heavily his ambitious, $64-billion five-year growth plan, which will see FCA reboot Alfa Romeo and Maserati and expand Jeep's global presence. Should the IPO fall short, though, Marchionne has confirmed that "all decision [sic] on any capital increase will be taken by the board of FCA at the end of October."