News - Auto Manufacturer

Fiat Chrysler Chairman Sees More Consolidation in Auto Industry

Last updated: 2015-04-13 22:01:00

Fiat Chrysler Automobiles NV Chairman John Elkann sees the need for more combinations in the auto industry and expects consolidation to continue. “Hopefully this will be driven by reason and common sense rather than by crisis,” Elkann, 39, chairman of Exor SpA, said in his annual letter to the investment company’s shareholders. Controlled by the Agnelli family, Exor owns 29.2 percent of Fiat ...

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