General Motors boss Mary Barra reiterated on Tuesday that a tie-up with Fiat Chrysler was not in her shareholders’ best interest and the U.S. carmaker has the scale to pursue its investments in new technologies on its own.
Fiat Chrysler CEO Sergio Marchionne said earlier this month that seeking a merger with GM was a “high priority” for his company and such a deal would also be the best strategic option for its U.S. rival.