Fiat Chrysler merger will accelerate the pace of
U.S. car manufacturers Chrysler Group and the Italian car manufacturer Fiat plans next week will be the acquisition step closer, then Chrysler and Fiat CEO Sergio – Malchow (Sergio Marchionne) will announce major management changes.
Two companies will be announced in the July 26 second quarter earnings.obd Informed sources, Malchow plans to use the machine to report results next week, the appointment of 25 key functional departments (including manufacturing, engineering, procurement and quality, etc.) and global head of these was appointed executives will be responsible for performing grams Chrysler and Fiat in the world of these critical functions.
It is reported that the two companies each of these positions was mapping of the potential, thus the need for large-scale change management to integrate. Malchow said last week: “From the leadership side, and soon we will become a ‘single company’.” In another, contributed to the transaction as one of the Obama administration, Fiat acquired in 2009 20% stake in Chrysler and Chrysler restructuring, so Chrysler Fiat has started operation. Chrysler, Fiat now owns 46% controlling stake, is expected to hold later this year, Chrysler, Fiat’s equity will increase to 51%, and Malchow has even indicated its intention to Philippines Stuart holds a stake in Chrysler to a level higher than 51%. U.S. auto research firm AutoTrends Consulting Inc.’s President Joey – Philip (Joe Phillippi) said: “In any case they will be formed between the acquisition of a company are, so now it makes sense that these reforms, people need to know functions exactly who is responsible. ”
In addition, Malchow also announced that the company expected a new global structure, including four regional headquarters: North America, South America, Europe and Asia, and the person in charge of each regional headquarters will be reporting directly to the Malchow. Chrysler headquarters in Auburn Hills, Michigan (Auburn Hills) will be the Chrysler – Fiat’s headquarters in North America. The Chrysler – Fiat’s headquarters in Europe is still in Turin, Italy (Turin); Chrysler – Fiat’s headquarters in South America’s third largest city in Brazil city of Belo Horizonte (Belo Horizonte); Chrysler – Fiat’s headquarters in Asia, probably in China.
Most of the world’s automotive manufacturers use a similar control system, but Chrysler – Fiat before the realization of merger, the two companies are not a truly global car manufacturers.
Processing your request, Please wait....
