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Fiat Floats Possible Chrysler Merger

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Image credit: fiatchrysler.com

The head of Fiat says Chrysler may need to merge with another automaker to survive.

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   Could Detroit’s Big Three automakers become the Huge Two? Or one?

 

   It’s a possibility, according to the head of Fiat Chrysler, Sergio Marchionne.

 

   Late last week Marchionne said combining Fiat Chrysler – also known as FCA – with Ford or General Motors would be technically feasible and might be a necessity for the automakers to achieve the kind of capital investment required to compete in the global marketplace.

 

   But the chief economist for the Center for Automotive Research – Sean McAlinden – tells WDET’s Quinn Klinefelter Marchionne’s comments may be directed more at union leaders than his fellow car company CEO’s…


Quinn Klinefelter, Senior News Editor

Quinn Klinefelter is a Senior News Editor at 101.9 WDET. In 1996, he was literally on top of the news when he interviewed then-Senator Bob Dole about his presidential campaign and stepped on his feet.

qklinefelter@wdet.org

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