Fiat-Chrysler deal official, Marchionne takes helm as CEO
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After a dramatic courtship, government intervention and the odd Supreme Court order, Fiat and Chrysler have finally tied the knot. The new 'global strategic alliance' expands Fiat's reach back into the U.S., while offering the 'new' Chrysler - which is already in operation - the support it needs to get back on its feet as it crawls back out of bankruptcy. The 'new' Chrysler says it is positioned to tackle its challenges with a focus on the core Chrysler, Jeep, Dodge and Mopar brands with a 'leaner, flatter' structure.
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