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GM CEO dismisses talk of merger with Fiat Chrysler
Associated Press ^ | Apr 23, 2015 11:11 AM EDT

Posted on 04/23/2015 9:36:15 AM PDT by Olog-hai

General Motors CEO Mary Barra is dismissing any talk of a possible merger with Fiat Chrysler Automobiles. […]

Fiat Chrysler CEO Sergio Marchionne recently floated the idea of merging with GM or another global automaker. He is a proponent of industry consolidation and says only the biggest automakers will survive. …

(Excerpt) Read more at hosted.ap.org ...


TOPICS: Business/Economy; Travel
KEYWORDS: fiat; fixitagaintony; governmentmotors; merger
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1 posted on 04/23/2015 9:36:15 AM PDT by Olog-hai
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To: Olog-hai

I thought they merged together when the government took control


2 posted on 04/23/2015 9:37:53 AM PDT by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
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To: Olog-hai

Translation: It’s in the works.


3 posted on 04/23/2015 9:38:05 AM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: 2ndDivisionVet

BINGO!


4 posted on 04/23/2015 9:42:17 AM PDT by ColdOne (I miss my poochie... Tasha 2000~3/14/11)
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To: 2ndDivisionVet

Undoubtedly.

And there goes that old euphemism for centralization, “industry consolidation”.


5 posted on 04/23/2015 9:45:22 AM PDT by Olog-hai
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To: Olog-hai
I think Fiat Chrysler is more likely going to merge with another European automobile company. One possible target: the PSA Peugeot Citroën group based in Paris.

Why that French company? Because that company is contemplating returning back to the USA market, and with a merger with Fiat Chrysler, that may make it easier to certify Peugeot and Citroën models for US sale.

6 posted on 04/23/2015 9:49:40 AM PDT by RayChuang88 (FairTax: America's economic cure)
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To: Olog-hai

The upside: it’d end up giving GM a more Americanized lineup that has gone lacking in the past few years. Getting a proper, higher-displacement V6 for under $30k is at least doable with Chrysler - but not with GM or Ford.

The downside: If GM buys up Chrysler, rampant environmentalism will kill off the last alternative to eurotrash (the I4+turbo).


7 posted on 04/23/2015 9:52:06 AM PDT by setha (It is past time for the United States to take back what the world took away.)
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To: 2ndDivisionVet

EXACTLY! On Allpar.com, Jalopnik.com and a few other auto sites both GM AND FORD have denied a possible link up with FCA.

Something is up.


8 posted on 04/23/2015 9:52:14 AM PDT by prisoner6 (Unmutual and Disharmonious)
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To: RayChuang88

First Jeep is owned by the French. Then the Germans, then the Italians, and now possibly the French AND Italians?

Well, at least it explains the new “Cherokee” ...


9 posted on 04/23/2015 9:53:27 AM PDT by tanknetter
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To: Olog-hai

FIAT = Fix It Again, Tony


10 posted on 04/23/2015 9:53:39 AM PDT by dfwgator
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To: RayChuang88

You are correct...nobody wants a FIAT (Fix It Again Tony)...

Peugeot/Citroen would probably fair OK in the US market.


11 posted on 04/23/2015 9:54:05 AM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: Ouderkirk

Fiat, in the 1990s....got around to correcting a lot of their designs. I won’t say it’s perfect, but they are a lot better than they were noted in the 1970s.

As for this gamesmanship going on....all of this leads to the EU-US trade treaty underway, and the US needs some type of inside door on getting US car sales into Europe....but the fear is valid that the French, Italian and German companies are desperately trying to get their feet into a decent US market.


12 posted on 04/23/2015 9:57:26 AM PDT by pepsionice
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To: Ouderkirk; RayChuang88

Alfa Romeo, on the other hand....

13 posted on 04/23/2015 10:06:31 AM PDT by 2ndDivisionVet (You can help: https://donate.tedcruz.org/c/FBTX0095/)
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To: RayChuang88

Renault wasn’t good the first time around, and this company isn’t any better for their environmentally-mandated automotive engineering. Like Ford, they fake engine audio to make up for the lack of a proper-displacement engine. If that wasn’t enough, they seem to design cars that make the Pontiac Aztek look good.

If I wanted an overpowered lawnmower, I would buy one.


14 posted on 04/23/2015 10:08:13 AM PDT by setha (It is past time for the United States to take back what the world took away.)
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To: pepsionice

Had a friend with a FIAT sedan back in the early 80’s. The TOPS of the door panels rusted though. The bottoms were fine.


15 posted on 04/23/2015 10:36:31 AM PDT by headstamp 2
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To: headstamp 2

That little Fiat two-seater with the engine in the rear....was a bomb. The cooling tubes ran from the radiator in the front, under the seating to the engine. They’d get all rusted and start leaking. It was a bad design and really got some enthusiasts going negative on Fiat for decades.


16 posted on 04/23/2015 10:40:24 AM PDT by pepsionice
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To: 2ndDivisionVet

Saved me a post : )


17 posted on 04/23/2015 10:47:43 AM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: pepsionice

Fiat may have fixed it’s problems in the 1990’s...but for the US market it was too late. It’s reputation was cemented, and continues today. They may every well be fine cars at the lower end of the price scale, but buyers are brand loyal and you won’t see Fiat or Renault do well in the US markets

For all of their advertizing push I see damned few Fiat branded cars on the road.


18 posted on 04/23/2015 10:59:06 AM PDT by Ouderkirk (To the left, everything must evidence that this or that strand of leftist theory is true)
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To: Olog-hai

I personally like Sergio Marchionne, but why would he want to be involved with the disaster that is GM makes little sense to me. He’s worked too hard to revive Chrysler and Jeep to watch GM flush them down the toilet, IMHO.


19 posted on 04/23/2015 11:18:03 AM PDT by HamiltonJay
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To: HamiltonJay

Why wouldn’t he, if he’s all for “industry consolidation” (i.e. against competition, and hence a crony corporate type)? He’s got the European Union on his side in this matter; they certainly want to grab up and centralize all they can.


20 posted on 04/23/2015 11:19:31 AM PDT by Olog-hai
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