Deals
Fiat CEO Channels Marchionne Openness to Automotive Marriage
- Logic of failed Renault deal remains as global sales slow
- Options include all-out merger, cooperation or partnerships
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Just two months after Fiat Chrysler Automobiles NV left Renault SA at the altar, its chief executive officer is dropping hints he’s prepared to play the field.
Booming U.S. truck sales are fueling better-than-expected profit, and the Italian-American automaker has the breadth of brands to maintain momentum, CEO Mike Manley told reporters last week. But much like his late predecessor Sergio Marchionne, the Fiat boss doesn’t shy away from deal talk.