FCA’s CEO Sergio Marchionne revealed that there is still a possibility that he would approach GM again for a merger, as described by Automotive News.
The CEO has long been open in regards to mergers in the industry. He believes that such moves will reduce costs in making cleaner and more technologically advanced models as it could be shared by the companies. However, GM has turned down this offer multiple times.
During the Geneva Auto Show, Marchionne said that, “I never close any doors… I may shamelessly try knocking on the GM door again, or any door, if I thought it was a good thing to do for the business, without even blinking, I could.”
He added that the PSA-Opel deal would decrease potential synergies FCA could gain from a merger with GM by about 15 percent, but the deal is still worth it.
A merger between FCA and GM may bring more good than bad though – if both GM and FCA merge, the Camaro and Challenger would no longer be rivals but work together against the Ford Mustang, instead.