Monday, April 12, 2010

Marchionne Appears to Like the Idea of a Three-Way Alliance Between Fiat, Chrysler and PSA Citroen-Peugeot


Sergio Marchionne, head of the Fiat and Chrysler groups is predicting that the next major merger in the automotive industry will involve France's largest automaker, the PSA Peugeot-Citroen Group.

"The next merger will probably be French," Marchionne told reporters in Rome today. "They [PSA] tried with Mitsubishi and they will try with someone else."

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