CEO: Fiat Chrysler doesn't need to merge




Sergio Marchionne, CEO of Fiat Chrysler Automobiles NV, told dealers at a Las Vegas meeting that the company can survive without a merger,

the

Wall Street Journal

reported.


“Fiat Chrysler, the smallest of Detroit's three car companies, has faced wide criticism for a relatively thin pipeline,” the


Journal


article said.


Marchionne has “aggressively pursued” partnerships, including a proposed merger with General Motors. Those moves raised questions about Fiat Chrysler's ability to compete, the report noted. (Source:


Wall Street Journal


, Aug. 27, 2015.)

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