Deals
Fiat’s Marchionne Says Not Closer to Chrysler Deal Amid Talks
This article is for subscribers only.
Fiat SpA isn’t closer to reaching an agreement with a United Auto Workers retiree health-care trust over the Italian carmaker’s Chrysler Group LLC unit in the U.S., Chief Executive Officer Sergio Marchionne said today.
Negotiations with the labor group should continue, Marchionne, who is CEO of both Fiat and Chrysler, told reporters in L’Aquila in the central Italian region of Abruzzo.