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Carmakers Must Merge Says Fiat Chief

January 12, 2012

Consolidation among European carmakers is unavoidable as they battle with chronic overcapacity and mounting financial losses in a weakening market, according to Sergio Marchionne, Fiat and Chrysler’s chief executive. The FT reports.

Source: http://www.cnbc.com/id/45967538?__source=RSS*tag*&par=RSS
 
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