Fiat's New CEO Calls Death of Marchionne 'Heartbreaking'

The transcript covers a company's earnings call where the new CEO, Matt Manley, pays tribute to the late Sergio Marchionne. The call then shifts to business updates, highlighting a tough second quarter but improved profitability. Challenges in China are discussed, with a focus on Jeep's brand positioning and reduced capital expenditure. The company reaffirms its five-year plan and full-year targets despite uncertainties.

What was the emotional impact of Sergio Marchionne's passing on Matt Manley?

What were some of the positive highlights mentioned during the earnings call?

What challenges did the new CEO mention regarding the company's performance in China?

How did the company adjust its capital expenditure plans?

What was reaffirmed regarding the company's five-year plan during the call?