
According to Italian media reports, Fiat CEO Sergio Marchionne has denied any rumours that Fiat Industrial would be interested in a deal with Daimler AG for its industrial vehicles. Marchionne has said simply that no negotiations are taking place.
“Let’s stop with the rumours. We’re not interested and we’ve already said so,” said the Italian manager in a statement which echoes the same words of Daimler head Dieter Zetsche, a month ago. Marchionne also commented on questions about the disappointing performance of Fiat Group on the European market, saying: “We have to wait for April, and I say that every month.”