mich800 wrote:
Bionic Man wrote:
Seems to me that merger/purchase would be good for both parties. FCA would give the new company entry into the full size truck, Jeep, minivan, full size car and pony car market. And KIA would bring the small cars that Chrysler has always struggled with.
I thought that is what the Fiat / Chrysler merger was supposed to accomplish.
Interesting that only the Chrysler arm of Fiat makes any money. Fiat's may be popular in Europe but here, their Fiat 500 / Abarth bombed. Who wants a tiny car with about as much style as an unmade bed. The other Euro vehicles are niche vehicles at best.
Not sure about Italy's labor situation but I've heard it's not good.
First Diamler bought Chrysler (not for the company but for the cash in the employer part of the pension fund, which they drained), then, Fiat comes along and buy what's left and now Fiat wants to sell out.
Tells me something.
Whatever happens it will impact the rank and file employees here. Hopefully, not adversely. I live in an area where Jeep has a huge presence employee wise.
Had one CJ years ago, I'd never buy another.
