Sergio Marchionne
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Fiat-Chrysler boss Marchionne will remain in charge

7 May 2014 Last updated at 08:18 BST

Sergio Marchionne will stay on as boss of Fiat Chrysler for the next 5 years to oversee his new growth plan.

The carmaker wants to boost global sales by 59% by 2018 - and it is relying on more brands to do it.

These targets are part of its latest 5 year plan unveiled late on Tuesday.

Michelle Fleury reports from New York.