2005 Chrysler Pt Cruiser 2dr Convertible Touring 1-owenr Low Miles on 2040-cars
Pompano Beach, Florida, United States
For Sale By:Dealer
Engine:2.4L 2429CC 148Cu. In. l4 GAS DOHC Turbocharged
Body Type:Convertible
Transmission:Automatic
Fuel Type:GAS
Cab Type (For Trucks Only): Other
Make: Chrysler
Warranty: Vehicle does NOT have an existing warranty
Model: PT Cruiser
Trim: Touring Convertible 2-Door
Disability Equipped: No
Drive Type: FWD
Doors: 2
Mileage: 40,439
Drive Train: Front Wheel Drive
Sub Model: Touring
Inspection: Vehicle has been inspected
Exterior Color: Silver
Interior Color: Gray
Number of Cylinders: 4
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Fiat Chrysler CEO Marchionne's health crisis forced succession scramble
Wed, Jul 25 2018Former Fiat Chrysler Chief Executive Sergio Marchionne for more than a year assured investors that he and the automaker's board were working on an orderly succession plan ahead of his expected departure in 2019. But a health crisis that left 66-year-old Marchionne incapacitated in a Swiss hospital set off a transition last week that was sudden and rushed, banking and industry sources said. The company announced on Wednesday that Marchionne had died, succumbing to complications from surgery. It emerged that Marchionne's successor was far from settled. Indeed before last week's crisis, many company executives remained in the dark, four banking sources who spoke to Fiat Chrysler executives told Reuters. The scramble to replace Marchionne led to the resignation of a senior executive who was passed over for the top job, the sources said, and exposed fissures between the Italian and North American sides of the world's seventh-largest automaker. Fiat Chrysler Chairman John Elkann named Michael Manley, head of the company's Jeep and Ram truck divisions, to replace Marchionne at an emergency meeting in Turin, Italy on Saturday. In doing so, Elkann followed Marchionne's wishes to appoint Manley his successor, two sources said. The company has portrayed Manley's appointment as the product of lengthy deliberation. "Sergio and John have always been totally aligned on the choice of Mike Manley," Fiat Chrysler's main spokesman Mike Keegan said on Tuesday, when asked whether there were differences over the succession. Elkann's office declined to comment. Manley could not immediately be reached for comment. This description diverges from what Marchionne himself told investors on June 1 during a day-long strategy presentation in Balocco, Italy. Marchionne said that he and Elkann "from time to time have these chats" about succession, but the issue would not be decided until next year. "It's a 2019 issue," Marchionne said. "So it's not going to happen until we close '18. It just won't happen." He went on to say that the company's board would not engage in a "rubber stamp process." Some analysts have also expressed skepticism that a final decision had been made. "My view is Marchionne and Elkann were still arguing about succession and had different views on the right candidate," Sanford Bernstein analyst Max Warburton said in a note on Monday, referring to the June 1 presentation.
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