Forum Discussion
travelnutz
Jan 09, 2017Explorer II
The big 3 or 2-1/2 is closer to the truth
1 = Ford, 1= GM, and 1/2 = FCA/Fiat
Copied and pasted form Michigan Business article 01/08/17 for 2016 vehicle sales:
"Success of Ford and GM contrasted with FCA US sales data for December, which showed a 10-percent year-over-year decline to 192,519 units. Chrysler brands were down 32 percent, while FIAT brands were down 54 percent."
I'm happy to see FCA/Fia are going to finally do something for our workers and market here in the USA. However, spending 1 billion dollars of newly borrowed money when your sales have tanked may only hasten the final demise of the entity. The word "potential" for moving 2500 and 3500 Ram truck production/assembly back to the USA is very telling as they are still activily seeking another manufacturer etc to merger FCA/Fiat in. Realy makes them less palatable than presently and they have not had anyone interested in taking them in yet without having that another billion dollars of debt. Will be very interedting to watch!
1 = Ford, 1= GM, and 1/2 = FCA/Fiat
Copied and pasted form Michigan Business article 01/08/17 for 2016 vehicle sales:
"Success of Ford and GM contrasted with FCA US sales data for December, which showed a 10-percent year-over-year decline to 192,519 units. Chrysler brands were down 32 percent, while FIAT brands were down 54 percent."
I'm happy to see FCA/Fia are going to finally do something for our workers and market here in the USA. However, spending 1 billion dollars of newly borrowed money when your sales have tanked may only hasten the final demise of the entity. The word "potential" for moving 2500 and 3500 Ram truck production/assembly back to the USA is very telling as they are still activily seeking another manufacturer etc to merger FCA/Fiat in. Realy makes them less palatable than presently and they have not had anyone interested in taking them in yet without having that another billion dollars of debt. Will be very interedting to watch!
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