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Fiat Chrysler CEO fans GM merger flames

2015-09-01 06:42:32| Auto Dealers - Topix.net

Sergio Marchionne, CEO of Fiat Chrysler Automobiles, said the profits and savings that would result from a merger with General Motors are too big for the rival automaker to ignore. Marchionne, in a story published Sunday evening by Automotive News, asserts that a merger between the two automakers could generate up to $30 billion annually in earnings before taxes, amortization and depreciation.

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