The high-level shakeup at FCA is likely meant to sort out the many issues facing both Alfa Romeo and Maserati.
There's been a bit of a shakeup among the executive ranks at Chrysler and Maserati, as the Italian sports car manufacturer has appointed Peter Grady as its new North American CEO. Grady, who we imagine is about to get a very nice upgrade to his company car, will retain his role as vice president of dealer network development for Chrysler and Chrysler Capital, and is replacing Bob Graczyk at Maserati.
"We have now reached the right moment to step on the accelerator of the Fiat-Chrysler integration," Sergio Marchionne said this week in a statement regarding his appointment of a single management team for both companies. According to Automotive News, four regional chiefs – North America, South America, Europe and Asia – will be in charge of Fiat and Chrysler effective September 1.
With the unification of Fiat and Chrysler, we're been expecting major changes in the corporate structure of the two automakers and their various brands. Most recently, Lancia chief executive Olivier Francois was named head of the Chrysler division, leading to reports that the two brands – similarly positioned in the sub-luxury premium segment – will be integrated into one unit. Now similar reports place the Abarth, Maserati and Alfa Romeo brands under common leadership.