Fiat Chrysler CEO again pushes merger with GM

Sergio Marchionne, CEO of Fiat Chrysler Automobiles, is taking another swing at trying to promote the idea of a merger with General Motors.

The chief executive says a merger between the two companies could generate some $30 billion annually in earnings before taxes.

According to the Detroit Free Press, Marchionne sent a letter to GM CEO Mary Barra earlier this year, but she responded both publicly and privately the Detroit automaker has no interest in exploring the idea.

Read more from the Detroit Free Press.