Fiat Chrysler Automobiles shares
were hit by the end of the Marchionne era losing 4% on the Milan
bourse after Sergio Marchionne, in critical condition in a
Zurich hospital, was replaced by Jeep wizard Mike Manley.
Ferrari, now led by Louis Carey Camilleri, shed 5% while CNH,
now headed by Suzanne Heywood, lost 2.54%.
Agnelli family holding company Exor was also weak, shedding
4.59%.
New FCA CEO Manley's first task is to head the Group
Executive Council (GEC) today and tomorrow.
FCA share losses were cut to 1.5% later.
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