Currently reading: Peugeot-Citroen 'next to merge'

Fiat/Chrysler boss predicts French company is looking for a partner

Fiat and Chrysler boss Sergio Marchionne has predicted PSA Peugeot-Citroen will be the next car maker to enter into a merger with a rival.

"The next merger will probably be French," Marchionne told Automotive News. "They tried with Mitsubishi and they will try with someone else."

PSA Peugeot-Citroen ended talks over a proposed equity swap with Mitsubishi last month.

PSA Peugeot-Citroen currently has an engine partnership with BMW, and both parties said earlier this year they were exploring other areas where they can co-operate.

Daimler and Renault-Nissan last week announced a tie-up to share platforms, drivetrains and engines as part of a massive cost-saving push.

Marchionne's Fiat acquired 20 per cent of Chrysler in June.

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