Fiat CEO: Hope to complete Chrysler merger by 2014

Fiat SpA’s chief executive Friday said he will decide how to complete the merger between the Italian auto maker and its U.S. partner, Chrysler Group LLC, by 2014.

Speaking on a conference call about Fiat’s third-quarter results, Sergio Marchionne said his decision would be based on two things: access to capital markets to fund the combined group’s future activities; and its relationship with VEBA, the trust that funds retiree medical benefits for Chrysler’s union workers, retirees and their spouses.

Full Story: Fiat, Chrysler to find best way to deepen merger by 2014: CEO