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March 31, 2014 AT 5:40 AM
Fiat and Chrysler CEO Sergio Marchionne said Monday, that the automakers will have the capacity to produce 6 million cars a year once they combine their forces. Marchionne aims to complete the legal merger of Fiat and Chrysler by the end of 2014 to create Fiat Chrysler Automobiles, the world's seventh-largest automaker, and will outline a new multi-year business plan in Detroit in May.