May 27, 2019 / 1:27 PM / in 23 days

Fiat's experience with Chrysler shows Renault deal can work: FCA chairman

Fiat Chrysler Automobiles (FCA) Chairman John Elkann speaks to the media as he arrives for an event at the Bocconi University in Milan, Italy May 27, 2019. REUTERS/Alessandro Garofalo

MILAN (Reuters) - Fiat’s experience with Chrysler shows the scope of what Fiat Chrysler (FCA) could achieve in the next few years if a proposed merger with Renault went through, the chairman of the Italian-American car maker said on Monday.

“Based on the experience with Chrysler in these past 10 years, I’m very encouraged as to what we could achieve with Renault in coming years,” FCA Chairman John Elkann told reporters on the sidelines of an event.

“These deals can be done and ... are beneficial, as you’ve seen there won’t be any impact on the plants, on the contrary, all countries (involved) and Italy, which is our home, will greatly benefit.”

Reporting by Giulio Piovaccari, editing by Valentina Za

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