Although he is not currently negotiating with anyone, Fiat-Chrysler CEO Sergio Marchionne said, “There needs to be one more round of consolidation in Europe.” Analysts concur there is room for more consolidation in Europe, but say the political realities there are likely to remain a major obstruction due to strong national feelings. Marchionne’s current focus is on finalizing the merger of Fiat SpA and Chrysler Group LLC.