FCA Chairman John Elkann confirmed CEO Sergio Marchionne did email General Motors CEO Mary Barra about consolidation, though GM wasn't the only one.
Elkann informed reporters the email wasn't the only one sent by Marchionne, though the chairman didn't specify who else Marchionne contacted about marriage, Reuters reports. He adds FCA could consider a hostile bid for GM or another automaker "if there are the prerequisites to do something that makes sense," again opting to remain vague on details.
As far as marriage in general is concerned, Elkann supports Marchionne's campaign for overall industry consolidation, hoping the action would spark debate. He also believes consolidation will happen, but declined to say who he thought would make the ideal partner to take FCA's hand, adding his company had "very good prospects" for the future.
[Source: Fiat]
The post Elkann: Marchionne Emailed Barra, Others About Consolidation appeared first on The Truth About Cars.
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