CEO Sergio Marchionne says ‘waiting in anticipation’ to meet Volkswagen chief

by SpeedLux
CEO Sergio Marchionne

Fiat Chrysler CEO Sergio Marchionne said on Tuesday he was anticipating meeting Volkswagen CEO Matthias Mueller to go over a possible tie-up in between the two automakers however included he hadn’t seen his counterpart in 6 to 7 months.

Marchionne has long promoted car industry mergers to share the expenses of making cleaner and more technically sophisticated automobiles and has consistently relayed his desire through the media.

His remarks Tuesday came in response to a concern about Mueller’s idea recently that he did not rule out merger talks between the German and Italian-American car producers.

“We are waiting with anticipation,” Marchionne informed reporters on the sidelines of a meeting in Geneva.

“There are 4-5 of us (automakers) at the worldwide level, if something needs to be done, it will be done. I haven’t seen Mueller in 6-7 months, but I will go find him at the very first opportunity.”

The manager stated his company’s first quarter was entering line with expectations. He included the group was dealing with the authorities in the United States to comprehend how the new system for emissions policies will work.

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