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Mike Manley named CEO of FCA amid Sergio Marchionne health crisis

Mike Manley has been immediately granted "all the powers of CEO" of Fiat Chrysler Automobiles. In a statement, FCA said its Board of Directors made this decision "in order to provide for his full authority and operational continuity for the company." Manley, who has been at the helm of Jeep since 2009 and Ram since 2015, is expected to be named an executive director for FCA after the next shareholder's meeting. In a similar statement, Ferrari said it had "named John Elkann as Chairman and will propose to Shareholders, at a meeting to be called in the coming days, that Louis C. Camilleri be named as CEO." CNH Industrial, a company that makes trucks, agricultural, and industrial equipment and which Marchionne also chairs, named Suzanna Heywood, as his replacement. Sergio Marchionne, who had served as CEO of both FCA and Ferrari, suffered "unexpected complications" as he was recovering from surgery performed earlier this month. FCA's statement adds that these complications "have worsened significantly in recent hours." Marchionne, credited with rescuing Fiat and Chrysler from bankruptcy since taking the wheel at the Italian carmaker in 2004, had been due to step down as the head of Fiat Chrysler next April. His internal successor had yet to be named. Marchionne had previously said he planned to stay on as Ferrari Chairman and CEO until 2021.Reuters contributed to this report.Related Video: Image Credit: Mark Thompson/Getty Hirings/Firings/Layoffs Chrysler Ferrari Fiat Sergio Marchionne

2019 Ferrari 488 Pista Piloti Ferrari is only for people racing Ferraris

Ferrari revealed an interesting special edition car, the 2019 Ferrari 488 Pista Piloti Ferrari. Part of what makes it interesting is that it doesn't matter how much money you have, you probably can't get it. That's because this version was created to celebrate Ferrari's motorsports teams and the car that won its class in the 2017 World Endurance Championship. As such, this car is only available to people "involved in the company's motorsports programs." We're guessing it's aimed at drivers of Ferrari race cars, but we bet that managers and other members of Ferrari race teams with enough scratch could get one, too. Besides the exclusivity, Ferrari spruced up the 488 Pista Piloti Ferrari with a number of unique features. It has a special paint scheme with a center Italian flag stripe inspired by the championship winning 488. On the passenger side of the car is the WEC logo, and on the driver's side is the word "PRO" indicating the class of the winning car. On each side, the owner can choose a custom number that will also be placed on the steering wheel. In the case of the show car, it has the number 51 for the aforementioned race car. Inside, the car features black Alcantara everywhere. There are also a few Italian flag tributes. The seat backs have the Italian flag colors fading as they head to the top of the seat. The same colors are also found on the shift paddles. Red stitching also helps break up the black interior. Nothing has been changed mechanically about the Piloti Ferrari, which means it still has the 711-horsepower turbocharged V8. But we suspect that none of the customers will be complaining about it being too slow, and the exclusivity is pretty cool. Plus, we're sure plenty of these customers will at least have access to a race car if they need something more hardcore. Related Video:

Ferrari LaFerrari supercar to spawn Maserati LaMaserati?

CAR reports Maserati may benefit from the introduction of Enzo-succeeding Ferrari LaFerrari (shown below). According to unnamed parties, Maserati is keen to create a successor for the MC12 (above) based on the bones of the new Ferrari.
Details are about as scarce as they come, but CAR reckons Maserati has a few options when it comes to building its own supercar. Those include using the suspension, chassis and electrical systems of the Ferrari but with a unique carbon fiber body and without the LaFerrari's hybrid system. The new take on the MC12 could use a detuned version of the 6.3-liter V12 from the LaFerrari or stick a quad-turbo 3.8-liter V8 behind the front seats.
The latter option could see the next MC12 yield up to 900 horsepower, putting it within reach of its cousin as well as hardware like the McLaren P1. Of course, all of this - including our fanciful name in the headline - is just speculation for the time being. CAR says that if the machine makes its way to production, it would could cost well over $1.3 million.