Marchionne: Automakers must consolidate

The world's automakers spend billions of dollars each to develop their own four-cylinder engines. That's a sure sign that the industry's business model is broken, said Sergio Marchionne, CEO of Fiat Chrysler Automobiles.

from Automotive News People News Feed http://feedproxy.google.com/~r/autonews/ExecutiveNews/~3/ta9ZwgEOcK4/marchionne-automakers-must-consolidate
via IFTTT