G.M. Chief Flatly Dismisses a Merger Overture From Fiat Chrysler
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Mary T. Barra, chief executive of General Motors, at the automaker’s annual shareholders meeting in Detroit on Tuesday. CreditRebecca Cook/Reuters
DETROIT — Mary T. Barra, the chief executive of General Motors, on Tuesday firmly rejected the idea that the company could benefit from a combination with a rival automaker like Fiat Chrysler Automobiles, which tried in March to start merger talks with G.M.
In remarks made before G.M.’s annual shareholders meeting here, Ms. Barra said the company was committed to remaining independent and continuing its comeback from bankruptcy and a government bailout in 2009.
Yet even as Ms. Barra tried to focus attention on G.M.’s new products and strategic goals, she was dogged by questions about an unwanted merger proposal, as well as probable criminal charges against the company over its long-delayed recall last year of defective small cars linked to at least 111 deaths…
G.M. Chief Flatly Dismisses a Merger Overture From Fiat Chrysler
