FCA To Merge With PSA
The French Ram is at hand???
Forum Discussion
There has been lots of rumours of panic flying around FCA that they are finding themselves with no path to electrification. No R&D, no battery making capacity and an internal anti EV culture led by their last CEO. This article gives a glimpse into one of the reasons they may have done this merger.
GM’s approach was to contract out a car (The Bolt) to Korean firms and then assembling it in the US with a GM sticker on it. But Bolts are crazy expensive for them and sales are disappointing. I wonder if GM may not try some kind of merger approach with Volkswagen.
Here’s the article on FCA.
https://electrek.co/2019/11/02/the-fca-psa-merger-could-create-an-electric-vehicle-powerhouse-under-carlos-tavares/
GM’s approach was to contract out a car (The Bolt) to Korean firms and then assembling it in the US with a GM sticker on it. But Bolts are crazy expensive for them and sales are disappointing. I wonder if GM may not try some kind of merger approach with Volkswagen.
Here’s the article on FCA.
https://electrek.co/2019/11/02/the-fca-psa-merger-could-create-an-electric-vehicle-powerhouse-under-carlos-tavares/
