I thought they merged together when the government took control
Translation: It’s in the works.
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.
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).
FIAT = Fix It Again, Tony
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.
IMHO it is too late to pick the bones of Chrysler. It was prime for picking near bankruptcy, the Jeep logo and the 300,000 / yr Van run rate were worth grabbing, the rest forgetaboutit. IMHO with the “One Ford” mantra continuing and their focus on Lincoln I say Ford is not stupid enough to do this, GM on the other hand.... But I see someone like Nissan-French firm etc trying to grab them, I don’t see the synergies with GM frankly...
Fiat is in financial trouble and is looking for deeper pockets. It’s that simple. And the uphill struggle that Fiat-Chrysler would have was known before the acquisition.
Does not matter what the CEO of General Motors thinks, what did Obama say?
Two drunks leaning against each other hoping the other one will prop themselves up.