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One Ford strategy doesn’t include mergers, says CEO Fields

One Ford strategy doesn’t include mergers, says CEO Fields

Ford, the second largest US automaker, has no desire to partner with industry consolidation promoter Fiat Chrysler Automobiles, said chief executive officer Mark Fields. The top executive was present on location for the annual “Further With Ford” conference, where Fields responded to questions from reporters saying that just like its […]

FCA CEO backtracks a little on GM merger lobby

FCA CEO backtracks a little on GM merger lobby

According to chief executive officer Sergio Marchionne, Fiat Chrysler Automobiles, the third largest US automaker and the world’s seventh biggest is still a long way from proposing anything to the investors of larger competitor General Motors. Marchionne, a merger expert that managed to unite Italy’s Fiat SpA with its wholly […]