Fiat CEO says has not asked for aid from Italy, EU

Newswire

PARIS, Sept 27 (Reuters) - Fiat SpA Chief Executive Sergio Marchionne said on Thursday the Italian carmaker had not asked for aid from Italy or the European Union. Marchionne also reiterated his call for pan-European coordination to reduce auto plant overcapacity, which is putting pressure on carmakers struggling with flagging sales as austerity measures hit consumer spending. "We have a collective responsibility in the industry to carry out a progressive ...

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