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Chrysler chiefs quit in shake-up
Two of Chrysler’s three brand chiefs left the company yesterday just four months after their appointment, as Italy’s Fiat establishes control at the US carmaker.
Chrysler said Peter Fong, head of the Chrysler brand, had resigned “for personal reasons”, while Michael Accavitti, head of Dodge, was leaving “to pursue other interests”. The US firm also said its Dodge unit would be split into two divisions – one focusing on cars and the other on the Ram pick-up truck, Chrysler’s top-seller.