The late Sergio Marchionne has been honoured with the award posthumously, recognising his work in charge of Fiat Chrysler Automobiles.

Sergio Marchionne has been voted '2018 World Car Person of the Year' by the World Car Awards jury, after his sudden passing in July last year.

The award was voted on this week by more than 80 jurors from 24 countries, and was presented to Marchionne's replacement as Fiat Chrysler chairman and chief executive, Mike Manley.

“It is an honour for me to receive this recognition from the World Car Awards’ jury, made posthumously to Sergio Marchionne," Manley said of the award.

"He was not one for pomp or fuss, preferring instead duty to the company he led for 14 years and the nurturing of a leadership team to take his legacy forward. I accept this award in this spirit and with thanks."

The award, which is designed to recognise the most impressive motor industry executives, engineers, designers, and entrepreneurs from around the world, acknowledged the Italian executive's work "taking two declining, regionally-focused companies and forging them into one profitable global entity".

"Equally important, Sergio Marchionne was - and still is - widely regarded as one of the ultimate 'car guys' of the modern motoring era," the World Car Awards' media release said.

"His loss to the global auto industry is immense. The car business needs talented, charismatic, game-changing individuals like Sergio Marchionne - one of the true greats."