TURIN -- Fiat Group could launch a convertible bond to increase its liquidity after its $4.35 billion deal to buy the rest of Chrysler Group, Fiat-Chrysler CEO Sergio Marchionne told an Italian newspaper.
Fiat will also focus its European strategy on revamping its Alfa Romeo brand after its planned merger with Chrysler and will keep production of the marque in Italy as it seeks to boost its European operations and protect jobs, Marchionne told La Repubblica in an interview published today.