Fiat walked away from talks on a proposed merger after growing frustrated with tensions between Renault's executives and the French state.
Lee Iacocca, the US auto executive and TV pitchman whose feel for consumers’ changing tastes helped produce the Ford Mustang and the Chrysler minivan, dies at 94.
The partnership with Renault is close to materialising, so close that it could be announce on Monday.
Fiat Chrysler has denied any wrongdoing and previously said there was never an attempt to create software to cheat emissions rules.
His death was confirmed Wednesday by Exor NV, the holding company of Fiat’s founding Agnelli family, just days after Marchionne was replaced as CEO.
COO Alfredo Altavilla has resigned after being passed over to replace Sergio Marchionne as CEO.