On July 21st, FCA (Fiat Chrysler Automobiles) announced that Sergio Marchionne had resigned effect immediately from all of his positions including CEO of FCA due to health complications. It was been said that Mr. Marchionne was recovering from surgery and that his health has worsened significantly in recent hours following it. Italian newspapers reported that he suffered an embolism during the surgery, lapsed into a coma and sustained brain damage. As a consequence, Mr. Marchionne sadly would be unable to return to work.

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