Fiat Chrysler Automobiles does not plan a hostile bid for rival General Motors at the moment and will focus on executing its growth plan to 2018 until the right and willing partner is found, CEO Sergio Marchionne said.Marchionne, who has called for consolidation in the industry to share the prohibitive costs of developing cleaner and more intelligent cars, said finding a partner was "not a matter of life or death" for FCA.
"We are not choking. We are in relatively decent shape," Marchionne told journalists in Amsterdam today following a shareholder meeting that approved the de-merger of Ferrari from the group.
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