Live in Interesting times: Hyundai/ Kia want FCA

WOW! If Hyundai/Kia do purchase FCA I'll be an all KIA family. Two Souls and a RAM 1500. :)

The only thing I know for sure is Hyundai/Kia is not a joke of a car! They are offering what are some of the best cars on the road. They have become a quality automobile.

Other than that, not sure about another merger. It may be good or bad. Hard to say!

We discussed FCA last weekend at my BIL's home. He's a high ranking engineer at Ford and pretty much knows what is transpiring in the automotive world...

He told me that FCA is basically not profitable as a car company considering the whole picture. Only the 'Jeep' and the RAM truck divisions make money. The rest are bombs, including the Fiat and the other 'car' lines and Sergio wants to sell it off before he retires.

With the current climate (the NK ongoing scenario) and the Chinese involvement, or should I say non-involvement) the climate here is no divesture to the Chinese. On the other hand, Hyundai (SK) is a good fit.

Will be interesting, especially for the North American operations which are UAW.