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Guest Message by DevFuse

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GM to Exit EU - Sale of Opel to PSA

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101 replies to this topic

#101 OFFLINE   RichardJensen


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Posted 24 February 2017 - 04:44 PM


The EMEA region EBITDA is 540€ million which is not too shabby but I wonder how much of that is Fiat Professional vs. Fiat. Also, it mentioned the results are partly driven by Jeep Renegade. The core Fiat operation is probably still a loss or barely breakeven is my guess.


I would venture to guess that Fiat Professional carries the water for the whole EU op.


And that might be sold as an added bonus to GM: Not only are they getting Jeep, they'd be able to pull a lot of their commercial stuff back in house. Right now all they got are trucks and whatever Renault-Nissan wants to let them use.


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#102 OFFLINE   jpd80



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Posted 24 February 2017 - 06:09 PM

GM doing deals with PSA in Europe and Fiat in North America?


The map just got a whole lot more complicated....

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