Despite attempts made earlier this year by Fiat Chrysler Automobiles (FCA) Chief Executive Officer (CEO) Sergio Marchionne, a merger with General Motors (GM) is highly unlikely. GM CEO Mary Barra rejected Marchionne’s calls for a mutual merger, and FCA is not planning a hostile takeover.1 Previously, Marchionne called for the two automobile manufacturers to merge,…
Tag: General Motors
A General Motors-Fiat Chrysler Merger?
Fiat Chrysler Automobiles (FCA) Chief Executive Officer (CEO) Sergio Marchionne has made headlines in recent months, calling for his company to merge with fellow Big Three auto manufacturer, General Motors (GM).1 Marchionne believes automobile manufacturers need to consolidate to avoid waste by developing multiple versions of the same technology to meet environmental regulations.2 Although Marchionne…