Jump to content
  • Custom Search


Sign in to follow this  
silvrsvt

Fiat Chrysler puts merger offer to Renault board

Recommended Posts

One of the things that caught my eye is that they say they won't shut down plants in Italy or France to achieve cost savings, so I wonder if they will touch North America, particularly the plant in Canada that builds the Charger/Challenger/300.  I hope not, but mergers usually destroy lives for the workers somewhere.

Share this post


Link to post
Share on other sites
2 hours ago, atomcat68 said:

One of the things that caught my eye is that they say they won't shut down plants in Italy or France to achieve cost savings, so I wonder if they will touch North America, particularly the plant in Canada that builds the Charger/Challenger/300.  I hope not, but mergers usually destroy lives for the workers somewhere.

Listen to this.  Go to the 4:45 mark.

http://www.autoline.tv/journal/?p=62047

 

Share this post


Link to post
Share on other sites
18 hours ago, atomcat68 said:

One of the things that caught my eye is that they say they won't shut down plants in Italy or France to achieve cost savings, so I wonder if they will touch North America, particularly the plant in Canada that builds the Charger/Challenger/300.  I hope not, but mergers usually destroy lives for the workers somewhere.

One of the main reasons why Corporations merge is for cost savings. If you merge and do not cut any positions or facilities the merger is basically pointless. Don't be fooled if this happens there will be massive cuts in the future, however I'd expect the biggest cuts to be focused in places outside of France and Italy. North America will have little say in a Euro-centric organization like Fiat-Renault.

Edited by 2005Explorer

Share this post


Link to post
Share on other sites
6 hours ago, 2005Explorer said:

One of the main reasons why Corporations merge is for cost savings. If you merge and do not cut any positions or facilities the merger is basically pointless. Don't be fooled if this happens there will be massive cuts in the future, however I'd expect the biggest cuts to be focused in places outside of France and Italy. North America will have little say in a Euro-centric organization like Fiat-Renault.

The thing about this that irritates me is that the governments of France and Italy will fight for the workers and the people will fight for them, but in America, we say, "that's business". Jeep is making the profits! Not Fiat, not Alfa and not crappy Fiat!

  How much longer can we be a profitable market if 90% of the population makes 15 dollars an hour while the board of directors makes in an hour what the average joe makes in a year. How can anything be sold to Americans if they have no money?

Share this post


Link to post
Share on other sites

FCA won't shut the Fiat plants in Italy. This is why the Renegade and 500X are build in Italy even though most of them are sold in North America. The only way to address low utilization of European plants is to produce more in Europe.

I don't expect this to change with Renault-FCA merger. So naturally, the "synergies" will have to come from North and South America.

Share this post


Link to post
Share on other sites
42 minutes ago, fuzzymoomoo said:

500X sells here?

 

thats news to me 

"sells"

Share this post


Link to post
Share on other sites
2 hours ago, fuzzymoomoo said:

500X sells here?

Amazingly, 1,284 Fiat 500X vehicles found new car buyers in the U.S. so far this year.

Share this post


Link to post
Share on other sites
39 minutes ago, rperez817 said:

Amazingly, 1,284 Fiat 500X vehicles found new car buyers in the U.S. so far this year.

That is truly an amazing stat

 

I bet tens of them were 500Xs 

Share this post


Link to post
Share on other sites

Turns out was a mirage, see other post. Seemed like was just click bait to get comments from car fanatics. Most Mopar fans were screaming 'noOo!' as if they were still building brand new 1969 Plymouth Road Runners. A few were like "oh goodie, we'll see new Dodge and Chysler 2 door hardtops!"

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×