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FCA, Elkann: "Vw does not change our consolidation plans"

The president of Fiat Chrysler reiterates that the German scandal will have no impact on the consolidation plan of the Italian-American group.

FCA, Elkann: "Vw does not change our consolidation plans"
"All that Sergio Marchionne he said on the benefits of consolidation and alliances for FCA continues to apply, regardless of what happened a Volkswagen”. This was stated by the president of Fiat Chrysler, John Elkann, on the sidelines of a ceremony at the Aci.

“His thesis – explained Elkann – is very clear and is that of trying to solve a problem that the car industry has linked to the difficulty of having adequate returns from the numerous investments it needs to make. So if there are larger operators who manage to have the means to make these investments on a number of products, this benefits the automotive industry”.

As for the Volkswagen case, “it is a serious fact that we will not comment on, we will try to understand better from the investigations. Acea, which is the voice of the category, it was very clear saying that it is not a fact related to problems of the car industry but a specific fact of a company”.

“Everything Sergio Marchionne said about the benefits of consolidation and alliances for FCA continues to apply, regardless of what happened to Volkswagen”. This was stated by the president of Fiat Chrysler, John Elkann, on the sidelines of a ceremony at the ACI.

“His thesis – explained Elkann – is very clear and is that of trying to solve a problem that the car industry has linked to the difficulty of having adequate returns from the numerous investments it needs to make. So if there are larger operators who manage to have the means to make these investments on a number of products, this benefits the automotive industry”.

As for the Volkswagen case, “it is a serious fact that we are not commenting on, we will try to understand better from the investigations. Acea, which is the voice of the category, was very clear in saying that it is not a fact linked to problems of the car industry but a specific fact of a company”.

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