Manufacturing

Marchionne puts the squeeze on GM; GM's response: 'Why bail out FCA?'

Sergio Marchionne on a partnership between FCA and GM: "You may reject the deal but you can't reject the discussion."
August 30, 2015 05:00 AM

DETROIT -- General Motors has flatly rejected the advances of its crosstown rival, Fiat Chrysler Automobiles, but FCA CEO Sergio Marchionne is not going away -- not by a long shot.

Marchionne says he has sweated the details and done the math and discovered there's far too much upside in a merger of FCA and GM to let a deal go undone, or at least unexplored.

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