The Man Behind Chrysler’s Refusal to Recall Jeeps
The logo on the front of a Jeep vehicle is shown at a Chrysler dealership in Carlsbad, California April 29, 2013. Carmaker Fiat’s first quarter profit slumped more than expected as its U.S. unit Chrysler’s sales suffered from the phase out of the Jeep Liberty pending a new model launch
. REUTERS/Mike Blake (UNITED STATES – Tags: BUSINESS LOGO TRANSPORT) – RTXZ3RA
Sergio Marchionne is the man at the helm of Fiat and Chrysler.
The Italian-born CEO made a statement Wednesday that sent shock waves through the auto industry.
He announced that Chrysler would not recall 2.7 million older model Jeep vehicles.
The National Highway Traffic Safety Administration requested the recall after an investigation of the vehicles’ fuel tanks.
The World’s Aaron Schachter speaks with Bloomberg auto industry reporter Angela Greiling Keane about Sergio Marchionne.