Marchionne Suggests Trump Might Support Merger With Rival GM

  • Fiat Chrysler’s CEO says he not pursuing any big deal
  • President-elect praised $1 billion plans for Michigan, Ohio

Sergio Marchionne

Photographer: Daniel Acker/Bloomberg
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Sergio Marchionne, chief executive officer of Fiat Chrysler Automobiles NV, suggested that President-elect Donald Trump might support the idea of General Motors Co. merging with his company.

Marchionne said he could still do one more big deal in his career, alluding to efforts to merge Fiat Chrysler with another automaker. He previously has said that GM would be the best partner, and on Monday, he ventured that Trump might just appreciate such a marriage. He later added that he’s not currently pursuing any combination as he just focuses on reaching the carmaker’s 2018 financial targets.