Fiat Chrysler Automobiles in the past year has delayed the redesign or release of at least a dozen current or new vehicles in North America, suppliers familiar with the company's plans told Reuters.The unusual number of delays could let the automaker defer billions of dollars in investment while searching for a partner.
FCA CEO Sergio Marchionne is shuffling product plans even as he seeks a partner for his company, the seventh largest global automaker. Marchionne says consolidation in the auto industry is inevitable, because automakers are burning capital investing in overlapping engines and vehicles.
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