Sergio Marchionne and Fiat Chrysler Automóbiles (FCA) is writing a few books. Until gave Chrysler LLC in bankruptcy was like crazy looking for partners for the Italian group and now that already is one of the ten largest manufacturers of cars in the world continues with his quest to grow and reduce costs of development and infrastructure. In this search for partners has targeted around the world and now it seems that he would repeat an old mess of skirts that did not start you very well.
It does a few years, General Motors and Fiat S.p.a., they decided to marry and live a life together, however the divorce came much before than we expected. The problem is that they married in marital property regime and when we had to distribute the goods ones won and others were poached. Either way everything seemed forgotten by now, but the Detroit Auto Show has served the great Sergio Marchionne to say that would not eliminate a possible new merger with General Motors.
As said that journalists are excited but Marchionne said swift and fast that at present there is no any kind of conversation with the American giant. In addition, also clarified to say that to him is the partner that best (by size and structure) could come you to FCA to create a super group but today General Motors are not interested in an Alliance of this kind as it cleared Tony Cervone, one of the spokesmen for GM in Detroit.
To finish also uttered that even to Donald Trump could give its blessing to this hypothetical marriage, although as all is a hypothesis nor are talking of a reality palpable. What Yes said Sergio Marchionne is that currently are working day and night to improve the situation financial of the Group and achieve those objectives financial that is had marked for this lustro.
With this they want to reduce to the minimum possible the large debt that has the group. According to Marchionne “We are the only manufacturer of cars with a high ratio of debt” it added that “wants to get rid of it as soon as possible”. Hopefully succeed.
Source – Fiat Chrysler Automobiles (FCA)