Marchionne Won’t Attend Paris Auto Show This Year, Company Saysby
Fiat Chrysler doesn’t explain absence from autumn event
Carmaker investigated by U.S., in labor talks in Canada
Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles NV, won’t attend the Paris Motor Show this week, the company said Tuesday without elaborating.
It’s the second time in as many years that Marchionne, who is also CEO of Ferrari NV, has missed Europe’s pre-eminent autumn auto expo. Last year, he skipped the Frankfurt show when Fiat Chrysler was chosen as the lead company negotiating with the Detroit-based United Auto Workers union.
Fiat Chrysler is under investigation by the U.S. Justice Department over its sales-reporting practices and also is entering talks with Unifor, the union representing autoworkers in Canada. The union has ratified a contract with General Motors Co. Fiat Chrysler said only that his schedule changed and he will remain in the U.S.
Reuters reported earlier today that Marchionne was canceling his media availability at the show. Press days begin Thursday and the show is open to the public Oct. 1 through Oct. 16.