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Germany: Volkswagen open to Fiat-Chrysler talks

By  |  March 14, 2017

Volkswagen has opened a tiny crack in the door to a possible merger with rival Fiat Chrysler Automobiles, which, if it ever happened, would set off a potentially seismic shakeup in the global automotive industry.

Volkswagen global CEO Matthias Mueller told reporters in Germany on Tuesday, “I am not ruling out a conversation,” He said he had not yet spoken with Fiat Chrysler CEO Sergio Marchionne about the topic but that “it would be very helpful if Mr. Marchionne were to communicate his considerations to me, too, and not just to you.”

His comments, which came after an annual press conference, signal a possible speedup in consolidation for an industry that’s on the verge of massive upheaval via self-driving vehicles and ride-hailing applications.

Full Content: USA Today

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