 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.Marchionne was widely recognized for turning around Fiat Group to become one of the fastest growing companies in the auto industry, in less than two years.