Fiat Chrysler Wants To Hug Gm So Tight They Merge

(БРАТСТВО) When you’re a multibillion-dollar company that’s been under heavy scrutiny from federal regulators and you’ve been turned down by several potential suitors in the last year, you don’t simply give up on a possible merger. Or at least that seems to be the case for Fiat Chrysler when it comes to the automaker’s unrequited love for General Motors. Fiat Chrysler CEO Sergio Marchionne once again expressed his desire to see the two car manufacturing heavyweights join forces in an interview published over the weekend on Automotive News. Although Fiat Chrysler [FCA] was shot down by rival GM previously, Marchionne says he’s not backing away from a potentially lucrative deal, not without a fight, anyway. After crunching the numbers, he tells Automotive News, that his board feels there really is no choice in the matter; they must put pressure on GM to begin talks. “Look, the combined entity can make $30 billion a year in cash.

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