CEO Of Chrysler, Marchionne In Merger Talks With GM?

[eightballsidepo]

Just saw an article on autoblog that Marchionne is talking to GM about a merger with Chrysler.

Please say it ain't so.

Besides, wouldn't this end up being an anti-trust violation with GM/Chrysler merged?

[MPond]

ktmrfs wrote:


That's why there will always be multiple major car companies. You happen to like and be happy with Chrysler products, Others are happy and like other mfg. Personally, I love my duramax Denali, but ford and dodge equals are just that, equals, they are all good products. We get to pick and choose.

GMC with a cummins?? 10 years ago I would have said, sign me up. Today, after my experience with the duramax, interesting, but don't know if I'd go for it, GM/Isuzu did a fine job with that engine. Would be a tough decision which one to go with if I had both as an option in one vehicle.

Spot on!

[ktmrfs]

goducks10 wrote:

itguy08 wrote:

goducks10 wrote:
If it happens I hope GM doesn't mess the Ram and Cummins.

Why? The only thing "good" about Ram is the Cummins and it would be in a better (GM) truck anyway.

Still don't get what GM would want with Chrapsler. The only brand worth keeping would be Jeep.

That's my point. I would never own a GM truck and if the Cummins was shoved in a GM I'd go back to gas.

That's why there will always be multiple major car companies. You happen to like and be happy with Chrysler products, Others are happy and like other mfg. Personally, I love my duramax Denali, but ford and dodge equals are just that, equals, they are all good products. We get to pick and choose.

GMC with a cummins?? 10 years ago I would have said, sign me up. Today, after my experience with the duramax, interesting, but don't know if I'd go for it, GM/Isuzu did a fine job with that engine. Would be a tough decision which one to go with if I had both as an option in one vehicle.

[ktmrfs]

dodge guy wrote:
Love how some people think Marchione is trying to sell Chrysler Jeep and Ram. When every article you read says he's trying to add more, not sell off!

Some people are either blind or just read what they want even when the truth is right in front of them!

x2!!!

[dodge_guy]

Love how some people think Marchione is trying to sell Chrysler Jeep and Ram. When every article you read says he's trying to add more, not sell off!

Some people are either blind or just read what they want even when the truth is right in front of them!

[itguy08]

dodge guy wrote:
Lots of people not thinking here. FCA is doing very well. GM is not, period! If GM were doing so well why are they trying to off everything they have! FCA, has the money to spend, GM does not, regardless of however GM wants to spin it!

What is GM trying to off?

[45Ricochet]

mich800 wrote:

That does not mean it is over. He clearly wants to merge to create a larger company to save costs. Article

Yes I agree in his attempt and so does Wall Street. LINK
This is a bigger scale model but has anyone noticed how the grocery chains have diminished over the last couple of decades? Almost all food related companies have changed their name brands lately. Bigger is cheaper and will make more profit for a share holder. Companies take over other companies ( along with the brand name) all the time. Hostess cake rings a bell here, but dang that date code on the Twinkie sure got a lot longer :W
I would agree though, the car line is almost over certainly. Who ever the buyer is they'll keep the Ram and Jeep lineup only.
Bet it's VW and Sergio can cash in on what is a large stock price increase since he took over.
Happy Oktoberfest guys :B

[philh]

Too funny, Peter DeLorenzo is on a roll with this weeks article

4. As for the “F” in FCA, Fiat would be “consolidated” - more like imploded - and banished back to Europe. And Marchionne and his espresso-swilling posse would have to figure out how to market and sell his mediocre Fiat product lineup on its own merits, without siphoning the prophets from Jeeps and pickup trucks to prop up what will soon be a failed enterprise. Which would be the same as it ever was, come to think of it. Good night. Good luck. And good riddance.

http://www.autoextremist.com/current/2015/5/26/king-of-the-automotive-world.html

[mich800]

ktmrfs wrote:
I'll repeat. When GM was approached by Fiat a few weeks ago, GM flatly said there would be no discussions, no meeting, and absolutely no interest in discussing any merger, joint venture, etc. with Fiat.

That does not mean it is over. He clearly wants to merge to create a larger company to save costs. Article

[RobertRyan]

JALLEN4 wrote:

dodge guy wrote:

Y-Guy wrote:
Oh the thought of Jeep being made by GM makes my skin crawl.

Actually from the sound of the article FCA wants to buy GM! So I guess that would mean a Hemi in the Corvette!!!

Fiat Chrysler is doing very well compared to GM. GM is hurting, but I think they are holding out for more $$$ from either FCA or someone else.

At the end of 2014, GM had 23.5 billion of cash on hand, net income was 2.8 billion in 2014, and was the worlds second largest auto manufacturer. Does not sound as if though they are struggling nor a potential seller to Fiat.

VW has just passed them and their profit is two or three times that of GM, still I agree they would not like too buy Fiat either

[goducks10]

itguy08 wrote:

goducks10 wrote:
If it happens I hope GM doesn't mess the Ram and Cummins.

Why? The only thing "good" about Ram is the Cummins and it would be in a better (GM) truck anyway.

Still don't get what GM would want with Chrapsler. The only brand worth keeping would be Jeep.

That's my point. I would never own a GM truck and if the Cummins was shoved in a GM I'd go back to gas.

[ktmrfs]

I'll repeat. When GM was approached by Fiat a few weeks ago, GM flatly said there would be no discussions, no meeting, and absolutely no interest in discussing any merger, joint venture, etc. with Fiat.

[mich800]

dpatt67 wrote:
1)FCA is only looking for a partner because it feels it would benefit the long term outlook of the company. These talks go on all the time between automakers, just look up all the partnerships going on right now.
2)The last company I would personally want to be partnered with after my 30 years of dependable Chrysler products is the joke that is GM. That's all I'm gonna say about that..

I don't think it would ever happen but with the way the automotive companies have been run into the ground the past decade who knows.

With respect to your point #1. There is a big difference between partnering for new technologies and a merger which Fiat was discussing. Chrysler has some structural problems for some time now and hopefully they can figure it out soon. Far too many mergers, buyouts, etc have left too many pieces internally that always do not mesh nicely.

[dpatt67]

1)FCA is only looking for a partner because it feels it would benefit the long term outlook of the company. These talks go on all the time between automakers, just look up all the partnerships going on right now.
2)The last company I would personally want to be partnered with after my 30 years of dependable Chrysler products is the joke that is GM. That's all I'm gonna say about that..

[gmc6000]

If, and that is a big IF, this were to happen, this might be the best thing that happened.

We would get the best of both worlds. A Ram truck with a Duramax/Allison and independent front suspension. Now that would be a sweet deal.

[Bionic_Man]

As was stated, this is old news. And I think it would be bad for both GM and FCA. Not really much synergy - both manufactures have strengths in SUVs and trucks, and a weakness in cars that would not improve their global positioning.

A FCA merger with VW, Honda, Nissan, or possibly Kia/Hyundai would make more sense due to the synergies it would create.

And FCA wanting to "ofload" Chyrsler makes absolutely no sense. Chrysler is very much the strength of the alliance.