well today in italy, more comments from chrysler, this time the chairman johnellkann it was not the only e-mail. he says it was not the only conversation. in fact, he said there have been many conversations. so when it comes to sergio marchione, he said yesterday he expects a mergeish by 2018. didn't get into specifics about whether it would be his company or two other auto makers. he did, however, e-mail gmc, ceo, mary barra in march, let's talk about possibilities here. however, barra and gm are not interested in the deal. the big concern for sergio, the cost of capital. take a look at shares of fiat chrysler. they have been moving higher as more talk has been swirling around the industry. again, at this point it's sergio talking, not a whole lot of people listening in the other board rooms. >> fiat is much smaller than the other two auto makers. fiat is saying i volunteer to be taken out. >> i don't know that they're volunteering to be completely taken out. they say something has to change here. they're in the weakest position. although they have rand and jeep, they also have a lot of