Fiat Chrysler Automobiles NV FCAU 1.95% CEO Sergio Marchionne is reportedly not giving up his efforts to combine his company with General Motors Company GM 0.79% to form an automotive giant that would produce an estimated $30 billion in annual revenue.

According to a new interview with Automotive News, Marchionne continues to lobby GM to combine forces with Fiat Chrysler, a move that Marchionne argues would create synergistic cost savings for the combined entity.

Relentless Pursuit Of A Partner

Benzinga first noted Marchionne’s hunt for a partner earlier this year when news came out that he had not only emailed GM about a merger, but also hinted at intentions to pursue talks with Google Inc GOOG 0.92%GOOGL 1.27%, Apple Inc. AAPL 1% and Tesla Motors Inc TSLA 1.48%. The most recent reports, however, indicate that Marchionne’s focus is now squarely on GM.

GM Board Not Interested

So far, Marchionne’s efforts to sway the GM board have fallen…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!