UPDATE 1-Exor head sees more consolidation in car sector

April 13, 2015 9:40 PM

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MILAN, April 13 (Reuters) - The head of Italian holding company Exor, which controls carmaker Fiat Chrysler Automobiles, said on Monday he expected to see more consolidation in the auto sector.

"I'm convinced that the industry needs and will see more consolidation in the future," John Elkann said in a letter to Exor shareholders.

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