Sergio Marchionne is the most rejected man in the auto industry

In the automotive industry, mergers and alliances fail at least as often as they succeed. Last year, Bain & Company studied 150 deals announced in multiple industries between 2000 and 2013. Missing a cost target was the second most common complaint among dealmaking CEOs, Bain found upon surveying 352 executives, and more than half of them said synergies missed their estimates.