BRIEF-FCA says consolidation needed to fix industry's capital cost issue
April 29 (Reuters) - Fiat Chrysler Automobiles says in slides on its website:
* Consolidation is key to fixing problem of excessive cost of capital in auto industry
* Company is raising the debate not to change current five-year investment plan or to put FCA up for sale
* Single purpose projects, JVs are helpful but not enough to fix auto industry problems
* Large scale integrations needed to unleash full potential Source text for Eikon: Further company coverage: (reoporitng by Milan newsroom)
© Thomson Reuters 2017 All rights reserved.