New Jeep Chief Manley to Lead FCA After Marchionne Health Crisis
Mark Phelan reports that Mike Manley, longtime Jeep leader, takes the helm at Fiat Chrysler Automobiles following Sergio Marchionne's post surgery health struggles. The piece outlines Manley's track record, his role in expanding Jeep and Ram, and FCA's five year plan amid delays and China market challenges.
MENTIONED IN THIS ARTICLE
Detroit
Jeep
Mike Manley
Fiat Chrysler Automobiles
Sergio Marchionne
Marchionne
Il Messaggero
Manley
Manley 54
Free Press
FCA
Ram Trucks
Chrysler Group
China
Ram
Chrysler
Auburn Hills
Michigan
Ryan Garza
Detroit Free Press
FCA strategy shift shapes future of Jeep and Alfa Romeo
Fiat Chrysler Automobiles under Marchionne pivoted from sedans to SUVs and pickups, betting on high margin brands like Alfa Romeo and Maserati. Alfa’s Giulia and Stelvio show style and performance but limited model range and weak brand awareness constrain cash flow, while mass volume brands face slower prospects as Manley prepares to wind down Chrysler Dodge Fiat lines or merge.
MENTIONED IN THIS ARTICLE
Wrangler
Jeep Wagoneer
FCA
Marchionne
United States
Alfa
Giulia
Stelvio
Chrysler
Dodge
Fiat
Manley
University of Windsor
Europe
Detroit
Fiat Chrysler
College card usage shifts as students weigh risks and tips
In 2009 a Sallie Mae study found about 84 percent of undergraduates held at least one credit card with seniors averaging over 4100 debt, rising from 2900 in 2004. By 2016 only 56 percent carried cards as access tightened after the financial crisis. Banks target students with offers while experts stress choosing student focused cards, keeping balances low, and building credit.
MENTIONED IN THIS ARTICLE
Sallie Mae
Discover It
John Alzheimer
FICO
Bill Hardekopf
LowCards.com
Ings
Hardekopf
Journey
Capital One
Bank of America Cash
WalletHub.com
Mark Munzenberger
University of Michigan Credit Union
Munzenberger
Annualcreditreport.com
Ethan Dornhelm
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Mark Phelan
USA Today Network
Alfa Romeo
McManley
Ieam
Tele Chrysler
USA
Bankrate
Jae Yang
Veronica Bravo
USA Today