Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne claims that another merger in the auto industry is inevitable, and predicts it will happen by 2018, according to Autoblog.
As previously reported, General Motors turned down a merger proposal by FCA back in March.
"I am absolutely certain that before 2018 there will be a merger," said Marchionne. "It's my personal opinion, based on a gut feeling."
Does he know something we, the public, don't? Maybe. And which company could merge with FCA? That's still a mystery.
"In principle, Marchionne is right – the auto industry develops the same things ten times over," admitted GM's Opel chief Karl-Thomas Neumann, hinting that bringing major automakers together would significantly limit that redundancy.