The Traderszone Network

Published in TZ Latest News 18 June, 2015 by The TZ Newswire Staff

GM asking advisors for help rekindles FCA merger talk

General Motors (GM.N) seeking advice from investment banks shows it is taking an attempt by Fiat Chrysler Automobiles (FCA) (FCHA.MI) (FCAU.N) to force a merger with its larger U.S. rival seriously, analysts and traders said. GM openly rebuffed a merger proposal from the Italian-American carmaker earlier this year and CEO Mary Barra said last week she had no interest in a tie up.