Fiat Chrysler CEO Sergio Marchionne is convinced a merger in the auto industry will happen before 2018, he said during a visit to the carmaker’s Melfi plant in southern Italy.
“I am absolutely certain that before 2018 there will be a merger,” he said in response to a question of whether he saw consolidation happening in the industry, without specifying whether this would involve FCA. “It’s my personal opinion, based on a gut feeling.”
Sources familiar with the situation told Reuters that Marchionne was hoping to seal a big deal for FCA, possibly in the United States, but might struggle to find a partner.
Full content: Reuters
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