The holding company of Fiat's founders, the Agnelli family, announced in a statement Marchionne's death after complications from surgery in Zurich.

Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery.

Donald J. Trump will become U.S. President on Jan. 20 - that part is certain, but what happens to the auto industry in the United States afterward isn't so clear.