 He was the chairman of Swiss-based SGS and vice chairman of UBS from 2008 to 2010, as well as the chairman of the European Automobile Manufacturers Association for 2012 (first elected in January 2006).He was a member of the Peterson Institute for International Economics, and the chairman of the Italian branch of the Council for the United States and Italy.Noted for his keen observations of the automotive industry, Marchionne's insights ranged from frank criticism of his company's own products to a highly-regarded 2015 presentation titled "Confessions of a Capital Junkie," extolling the benefits of industry consolidation.