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Sep
7th

ITALY: FCA’s Marchionne sees GM merger as “high priority” – report

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Fiat Chrysler Automobiles (FCA) chief Sergio Marchionne reportedly said at the weekend seeking a merger with General Motors was a "high priority" and such a deal would also be the best strategic option for the Detroit rival. GM's board rejected a merger proposal from FCA earlier this year but that has not stopped Marchionne from wooing his bigger competitor.
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