9 June 2004

The death of Fiat chairman Umberto Agnelli has sparked a major Fiat management reshuffle, with head of Ferrari-Maserati Luca di Montezemolo appointed as Fiat Group chairman.

Di Montezemolo master-minded Ferrari’s return to form on road and track. His appointment led to the resignation of Fiat chief executive Giuseppe Morchio, who had been lined up for the job. Morchio will be replaced by Sergio Marchionne, who becomes the company’s fifth CEO in two years. As well as ensuring Fiat continues its recovery, Di Montezemolo will be charged with grooming vice-president John Elkann, Gianni Agnelli’s grandson, as a replacement.

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Lexus LC500
    Car review
    20 October 2017
    Futuristic Lexus LC coupé mixes the latest technology with an old-school atmospheric V8
  • Maserati Levante S GranSport
    First Drive
    20 October 2017
    Get ready to trade in your diesels: Maserati’s luxury SUV finally gets the engine it’s always needed
  • Jaguar XF Sportbrake TDV6
    First Drive
    19 October 2017
    The handsome Jaguar XF Sportbrake exhibits all the hallmarks that makes the saloon great, and with the silky smooth diesel V6 makes it a compelling choice
  • Volkswagen T-Roc TDI
    First Drive
    19 October 2017
    Volkswagen's new compact crossover has the looks, the engineering and the build quality to be a resounding success, but not with this diesel engine
  • BMW M550i
    First Drive
    19 October 2017
    The all-paw M550i is a fast, effortless mile-muncher, but there's a reason why it won't be sold in the UK