Wednesday, October 31, 2012

Chrysler-Fiat CEO wants to unify the automakers by 2015





Sergio Marchionne, chief executive of both Fiat and Chrysler Group, said he wants to achieve “unification” of the two automakers by 2015, but first he needs to fix Fiat’s finances, which have been hit by a sagging European economy.


“The objective has always been to try and bring unification by 2014 or 2015,” Marchionne said on a conference call. “I’d still like to see that done.”


Marchionne said Fiat still intends to complete the purchase of all of Chrysler, but the Italian automaker must fix its own house before adding on to it.









via Business feed http://www.scmp.com/business/companies/article/1073808/chrysler-fiat-ceo-wants-unify-automakers-2015

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