Ford not interested in tie-up with Fiat Chrysler: CEO Mark Fields

Ford Motor Co is not interested in a tie-up with Fiat Chrysler Automobiles NV , Chief Executive Mark Fields said on Saturday, when asked about FCA head Sergio Marchionne's remark that Ford could be a potential merger candidate.

Ford not interested in tie-up with Fiat Chrysler: CEO Mark Fields

BEIJING: Ford Motor Co is not interested in a tie-up with Fiat Chrysler Automobiles NV , Chief Executive Mark Fields said on Saturday, when asked about FCA head Sergio Marchionne's remark that Ford could be a potential merger candidate.

"I can't speak to what Sergio or others wake up and want to say," Fields told reporters ahead of next week's Beijing motor show.

After being rebuffed by General Motors last year, Marchionne said last week that Ford, Toyota Motor Corp and and Volkswagen AG are the only remaining merger candidates for FCA.

Marchionne has long called for mergers among large automakers to help diffuse development costs for advanced cars that pollute less.

 

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