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Mary Barra, Bill Ford offer condolences after Sergio Marchionne's death

Mary Barra, Bill Ford offer condolences after Sergio Marchionne's death
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Bill Ford Jr. and General Motors CEO Mary Barra issued statements on the passing of Sergio Marchionne, an automotive legend.

Marchionne passed away early Wednesday morning following surgery complications.

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Ford released the following statement:

Sergio Marchionne was one of the most respected leaders in the industry whose creativity and bold determination helped to restore Chrysler to financial health and grow Fiat Chrysler into a profitable global automaker. His extraordinary leadership, candor and passion for the industry will be missed by everyone who knew him. Our thoughts and prayers go out to his family at this difficult time."

Barra released her statement Wednesday morning:

We at General Motors offer our condolences to Sergio Marchionne's family and friends. Sergio created a remarkable legacy in the automotive industry. Our thoughts are also with our industry colleagues at Fiat Chrysler as they deal with this sudden loss.