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 Fiat Chrysler and PSA
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oldtimer
Team Manager



4352 Posts
joined 19 Jun 11

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Posted - 19 Dec 2019 :  19:09:52  Show Profile Send oldtimer a Private Message  Reply with Quote
quote:
Fiat Chrysler and PSA Group sign binding merger agreement to form $67 billion company.

The merger creates fourth biggest car manufacturer in the world.


quote:
There will be thirteen marques brought together by this transaction (Fiat, Alfa Romeo, Maserati, Lancia, Chrysler, Dodge, Jeep, Ram, Peugeot, Citroen, DS, Opel and Vauxhall), and reports have indicated they will live on, at least in the short term.


quote:
Based on 2018 numbers, the merged automaker will be the world's fourth largest — behind the Volkswagen Group, Toyota and the Renault Nissan Mitsubishi Alliance — with annual sales of around 8.7 million vehicles.


IMHO, it is a bit misleading to count Renault/Nissan/Mitsubishi as one unit even if Renault has the largest stake in the other two, but still less than 51%.

https://www.drive.com.au/news/fiat-chrysler-and-psa-group-sign-binding-merger-agreement-to-form-67-billion-company-122974?trackLink=articleResults6

The secret of life is honesty and fair dealing. If you can fake that, you've got it made.
Groucho Marx

falcon_cobra
Kiss Fanatic



Australia
8853 Posts
joined 02 Dec 04

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Posted - 19 Dec 2019 :  20:01:03  Show Profile  Click to see falcon_cobra's MSN Messenger address Send falcon_cobra a Private Message  Reply with Quote Copy this URL to Link to this Reply
where does Ferrari fit in?
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oldtimer
Team Manager



4352 Posts
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Posted - 19 Dec 2019 :  20:12:59  Show Profile Send oldtimer a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by falcon_cobra

where does Ferrari fit in?



FCA own oly a small share of Ferrari, maybe 10%, but, when it was floated, most of the shares were handed to FCA shareholders.

it is a separately traded company. ferrari NV shares are trading at about 150 Euro. FCA NV are trading at less than a tenth of that.

The secret of life is honesty and fair dealing. If you can fake that, you've got it made.
Groucho Marx
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AlbertM
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12928 Posts
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Posted - 20 Dec 2019 :  20:22:56  Show Profile  Visit AlbertM's Homepage Send AlbertM a Private Message  Reply with Quote Copy this URL to Link to this Reply
Maybe the Commodore will live on in OZ...As the Chrysler Valiant.

Ford fans be proud. History of Australian motor racing shows Ford has been and will always be superior. They have to slow them down when they get serious about racing. The Phase 4 scared the **** out of people, they banned it. Sierra gets called on a technicality, Falcon EF "...had its wings clipped to make Holden part of the show", AU not allowed to show it's potential, Falcon BF gets clipped. Mustang Is so good Supercars made up a rule and gets a bag of cement in the roof, and it still wins.
_Mford
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EgoFG
Fujitsu Driver



Australia
662 Posts
joined 16 Oct 08

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Posted - 21 Dec 2019 :  01:40:09  Show Profile Send EgoFG a Private Message  Reply with Quote Copy this URL to Link to this Reply
If the Durango came with Holden Badges, I might still buy it
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Preditor
Transporter Driver


44 Posts
joined 14 Aug 19

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Posted - 21 Dec 2019 :  11:20:06  Show Profile Send Preditor a Private Message  Reply with Quote Copy this URL to Link to this Reply
quote:
Originally posted by AlbertM

Maybe the Commodore will live on in OZ...As the Chrysler Valiant.



why it doesn't say Fiat Chrysler, PSA and GM.

I heard there will be a name change to the series next year, the new name is Penske mustang cup series with their major sponsor to be Laxative guarantee to clear any backing up at Bathurst 2020.
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AlbertM
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12928 Posts
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Posted - 22 Dec 2019 :  00:26:41  Show Profile  Visit AlbertM's Homepage Send AlbertM a Private Message  Reply with Quote Copy this URL to Link to this Reply
A true blue Aussie would've got the joke.

The current Commodore is an Opel, yes? PSA owns Opel..now merging with Chrysler...

Ford fans be proud. History of Australian motor racing shows Ford has been and will always be superior. They have to slow them down when they get serious about racing. The Phase 4 scared the **** out of people, they banned it. Sierra gets called on a technicality, Falcon EF "...had its wings clipped to make Holden part of the show", AU not allowed to show it's potential, Falcon BF gets clipped. Mustang Is so good Supercars made up a rule and gets a bag of cement in the roof, and it still wins.
_Mford
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oldtimer
Team Manager



4352 Posts
joined 19 Jun 11

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Posted - 25 Dec 2019 :  21:20:39  Show Profile Send oldtimer a Private Message  Reply with Quote Copy this URL to Link to this Reply
It may be that Walkinshaws make their money in Australia converting FCA RAM trucks for Ateko, run by Neville Creighton, well known as a BMW racer with Frank Gardner and for his yacht "Alfa Romeo.

Ateko has been suggested as possibility to manage whatever remains of the GM (Holden) range in Australia. Strangely a PSA-FCA merger would make them the manufacturer of the soon to be axed Commodores, as run by WAU and Ateko sell a lot of their products.

quote:
The Ram pick-up from the USA has passed a major milestone in Australia, with the 5000th example converted to right-hand drive locally in less than four years.
Demand for the Ram 1500 – and its bigger Ram 2500 and 3500 siblings – is so strong the Melbourne facility that remanufactures the trucks to right-hand drive has been operating 24 hours a day since the 1500th example was made in middle of 2019 (pictured below).

The whole operation now employs more than 250 staff including local suppliers.

The company attributes much of the Ram 1500's success to the vehicle’s towing capability – up to 4.5 tonnes with the correct hitch, versus 3000kg to 3500kg for most double-cab utes – its roomier cabin, which can comfortably fit three adults across the back seat, and massive cargo box.

Despite the runaway success of the Ram 1500, it is still the only full size US pick-up sold in Australia as Toyota continues to “study” the Tundra, Nissan drags the chain on the Titan, Ford rules out plans for an F-150, and Holden Special Vehicles is caught up in US delays for the Chevrolet Silverado 1500.

“This truly is an Australian automotive success story. This year will see Ram sales just shy of 3000 units in Australia and New Zealand – last year we sold 767 and just 449 in 2017,” said Neville Crichton, the executive chairman of the Ateco Group, which has invested $100 million to bring Ram trucks to life in Australia.

The Ram pick-ups are converted to right-hand-drive under contract by the Walkinshaw Automotive Group, under the same roof that Holden Special Vehicles converts the Chevrolet Camaro and Silverado 2500 and 3500.


https://www.drive.com.au/news/ram-produces-5000th-right-hand-drive-vehicle-in-australia-122992?trackLink=articleResults2

The secret of life is honesty and fair dealing. If you can fake that, you've got it made.
Groucho Marx
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EgoFG
Fujitsu Driver



Australia
662 Posts
joined 16 Oct 08

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Posted - 27 Dec 2019 :  01:12:52  Show Profile Send EgoFG a Private Message  Reply with Quote Copy this URL to Link to this Reply
Challenger Hellcat for 2021 WAU supercar ??
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