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Sergio Marchionne

Fiat Chrysler CEO continues pursuit of General Motors

DETROIT Sergio Marchionne, CEO of Fiat Chrysler Automobiles, may have ratcheted up the rhetoric surrounding a potential merger with General Motors but at least for now it doesn't appear his idea will gaining any traction anytime soon even though the potential cost savings are vast. Marchionne, in an interview published Sunday, told a trade publication Automotive News that the potential cost savings from a merger are far too big for GM's board to ignore and stopped just short of saying he is willing to pursue a hostile takeover of the much larger automaker. The idea of merging the two companies has generated a range of reactions within the automotive industry that range from...