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Merger by Fiat

29 April 2015 By Antony Currie, Olaf Storbeck

Fiat Chrysler’s boss sounded like an activist investor in making a solid case for car industry consolidation while haranguing analysts. Yet his bizarre plea for help with mass mergers sent the company’s shares down 5 pct. That kind of backfire smacks more of ex-VW chair Ferdinand Piech.

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