Geneva

Fiat chief says Italy needs govt or he can't sell cars

Political stability crucial for market stability, Marchionne

Fiat chief says Italy needs govt or he can't sell cars

(see related stories on political situation) Geneva, March 5 - FIAT CEO Sergio Marchionne said Tuesday that Italy needed a government fast, after the country's general election produced no clear winner. ''Political uncertainty creates market uncertainty, which doesn't help people who, like us, need to sell cars,'' Marchionne said at the Geneva motor show. ''It is necessary to have the certainty that Italy will be politically and institutionally stable, and right now we don't have that certainty''.

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