"The (need for) consolidation remains valid, no one has questioned its economic rational," Marchionne said, speaking on the sidelines of the launch of a re-styled version of its popular Fiat 500 hatchback.
Marchionne approached his counterpart at GM, Mary Barra, with a merger proposal earlier this year but was rebuffed.Asked if there was anything new to report on FCA's appetite for a link-up with GM, he said there was not.Asked whether the ongoing dismantling of an alliance between Japan's Suzuki Motor Corp's and Germany's Volkswagen AG