Fiat and Chrysler merger on the table before 2014

Fiat's chief executive Sergio Marchionne has said that Fiat and Chrysler could merge by the end of the year. Fiat already owns 58.5 per cent of Chrysler and could enter negotiations with VEBA, the United Autoworkers' Union affiliated healthcare trust, to purchase the remainder of Chrysler's stock.

Fiat took a stake in Chrysler in 2009 when the U.S. group emerged from a taxpayer-backed bailout, and Marchionne already manages Fiat and Chrysler as one group. He has said he believes that having full control of Chrysler will give the group greater operational flexibility.

(Reuters)