Jump to content
  • Drew Dowdell
    Drew Dowdell

    Could PSA Buy FCA?

      ... rumors are rumbling about a possible PSA / FCA merger. 

    The heads of FCA and PSA separately stated to journalists at the Geneva auto show that their respective companies remain open to the idea of partnering or merging with another company, though neither named which potential suitor that could be. 

    Robert Peugeot, who's family owns around 14% of PSA group said, "We supported the [Opel acquisition] from the start,” he told Les Echo in an interview held Monday. “If another opportunity comes up, we will not be braking, [PSA Group CEO Carlos Taveres] knows that."

    Meanwhile another potential partner could be Jaguar Land Rover.  

    Merging with either company would give PSA better access to the US Market, something Peugeot is already planning on doing by 2026

    For FCA, the benefits would be a more global partner and access to technology that would help meet Europe's strict emissions regulations.  On the flip side, it would mean 3 additional brands on top of the 7 that FCA already has. 



    User Feedback

    Recommended Comments

    I believe there will be more consolation in the auto industry, there are just too many brands really and too many companies.  Like airlines, pharmacies or banks, all these things merge and consolidate.

    Good news is Carlos Ghosn is out of jail and can be hired at CEO of the new PSA/FCA then lead a takeover effort of Renault/Nissan.

    Share this comment


    Link to comment
    Share on other sites

    Either company would be good for FCA to merge with as I think they would also benefit from the dynamics of larger global purchasing / sales.

    I honestly cannot see FCA, PSA or JLR surviving much longer as an independent company.

    Share this comment


    Link to comment
    Share on other sites

    Good feeling it could happen....with more than likely the end of the dodge twins and the 300. Well, unless they just keep making it faster with updates....

    Adding to Jeep, RAM and AF could be a good thing....

    Share this comment


    Link to comment
    Share on other sites

    First Peugeot buys Opel from GM, now this?  If true, then thanks for almost single-handedly solving the overcapacity problem in the industry.  If this comes to pass, Peugeot will have to do all the restructuring by itself.  Win-win for (almost) everybody!

    • Upvote 1

    Share this comment


    Link to comment
    Share on other sites

    Would have been cool on some fronts.  Dodge desperately needs to be in more niches, so does Chrysler.  I dearly love the Charger/Challenger/300, and rue the day they no longer exist.

    • Upvote 2

    Share this comment


    Link to comment
    Share on other sites
    11 minutes ago, ocnblu said:

    I dearly love the Charger/Challenger/300, and rue the day they no longer exist.

    Me too.

    And I really dont think the "F" part of FCA is going to greenlight new engineering for new successors.  They wont even greenlight the Giorgio platform for Chrysler or Dodge to use...

    I really hope NOBODY merges with FCA.

    RAM and Jeep will survive.

    Dodge and Chrysler wont, but continuing this way, Dodge and Chrysler wont survive anyway...and its an agonizing death as we all know its coming. Lets be honest with each other. Its coming. 

    And...with nobody merging with FCA, Fiat and Alfa is going to the dogs too. 

    Any serious money FCA is making IS with RAM and Jeep. And Dodge to a degree. Because the Challenger and Charger and 300 are selling at high enough numbers on a platform that has been paid for a while ago.  The Durango helps a lot too...because its also on a Jeep platform that Jeep sells a ton of too.

    I dont think with Alfa's numbers that FCA is raking it in. Maybe Fiat in Europe is contributing to some profit? 

    Maserati? 

    I once supported the merger between Chryco and Fiat. But not anymore. This merger proves to be as destructive to Chryco as the one from Germany. 

    But then again, Chryco was a goner anyway. At least we got another 2-3 years with a pseudo new Viper and a Hellcat-Demon-RedEye  Challenger (Charger too).  

    At least the FCA merger allowed Dodge annihilate the competition in this new modern era muscle car wars! 

     

     

    • Like 1

    Share this comment


    Link to comment
    Share on other sites

    With Jeep and RAM... the C part of FCA is in a better position than they've been in years.  They really don't need to merge with someone if they make smart use of the platforms they already have.

    Make a small entry-lux SUV on the Renegade platform for Chrysler in the same formula as the Buick Encore.
    Make a large crossover off the Pacifica, call it Aspen if you like.
    Make an Envision sized crossover off the Cherokee for Chrysler. Build it in the US and take all the sales from Buick.
    Make a new 300, Charger, and Challenger, off the Guilia platform

    The next Dodge Journey can be based on the extended Jeep Cherokee that we don't get.
    The Durango remains as is, an extended rebadge of a Grand Cherokee but with more street intentions than off-road.

    Sell the Chryslers and Jeeps in China and the EU.  Dodge and Ram remain brands for the Americas.

    Punt Fiat back to Europe and leave it there. Alfa can stay if it can make a business case for itself through platform sharing.

    • Upvote 2

    Share this comment


    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




  • Similar Content

    • By William Maley
      Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP).
      Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. 
      FCA had already put a stop, albeit a temporary one on developing parts for the five new small cars that were destined to use this platform due to COVID-19. There will be one model that will move forward on this orphaned platform - the upcoming 500 electric for Europe.
      As for CMP, this underpins the Peugeot 208 and 2008; Opel/Vauxhall Corsa, Mokka; and the DS3 Crossback. It allows for both combustion and electric powertrains.
      Moving to CMP is another step towards FCA and PSA Group's merger to become Stellantis. It is unclear whether or not the U.S. will see any of the new models that will use CMP from FCA's brands.
      Source: Automotive News (Subscription Required)

      View full article
    • By William Maley
      Future small cars from Fiat Chrysler Automobiles will not be using an updated version of their small car platform. Instead, they'll be underpinned by PSA Group's Common Modular Platform (CMP).
      Automotive News obtained a letter sent by FCA to suppliers in July stating "to immediately stop any research, development and tooling construction activities on future B-segment (small/subcompact) cars." These include the Fiat 500 and Jeep Renegade to give some context. The letter goes on to say it is moving to CMP and that vehicles based on this will be built at the company's Tychy, Poland plant - home to 500 and Lancia Yplilon production. 
      FCA had already put a stop, albeit a temporary one on developing parts for the five new small cars that were destined to use this platform due to COVID-19. There will be one model that will move forward on this orphaned platform - the upcoming 500 electric for Europe.
      As for CMP, this underpins the Peugeot 208 and 2008; Opel/Vauxhall Corsa, Mokka; and the DS3 Crossback. It allows for both combustion and electric powertrains.
      Moving to CMP is another step towards FCA and PSA Group's merger to become Stellantis. It is unclear whether or not the U.S. will see any of the new models that will use CMP from FCA's brands.
      Source: Automotive News (Subscription Required)
    • By William Maley
      We'll excuse you if you forgot that Fiat Chrysler Automobiles and PSA Group have been working towards finalizing their merger considering the state of the world at the moment. But the two are making serious headway as they have announced the new name of the multi-national corporation that will form once the two merge. Meet Stellantis.
      Don't worry, you're not the only who is thinking "What" or thinking of some clever joke to make fun of this name. We'll let the two explain what this name means?
      Yeah, if this doesn't like something from a branding agency, we don't what does.
      We should note here that Stellantis will only be used at a corporate level, not as a individual brand for vehicles.
      Source: FCA
      Press Release is on Page 2


      STELLANTIS: The Name of the New Group Resulting From the Merger of FCA and Groupe PSA
      July 15, 2020 , Vélizy-Villacoublay, France and London - In a major step as they move toward the completion of their 50:50 merger as defined in the Combination Agreement announced on December 18, 2019, Peugeot S.A. ("Groupe PSA") and Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU / MTA: FCA) today announce that the corporate name of the new group will be STELLANTIS.
      STELLANTIS is rooted in the Latin verb “stello” meaning “to brighten with stars.” It draws inspiration from this new and ambitious alignment of storied automotive brands and strong company cultures that in coming together are creating one of the new leaders in the next era of mobility while at the same time preserving all the exceptional value and the values of its constituent parts. STELLANTIS will combine the scale of a truly global business with an exceptional breadth and depth of talent, knowhow and resource capable of providing the sustainable mobility solutions for the coming decades. The name’s Latin origins pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger.
      The process of identifying the new name began soon after the Combination Agreement was announced and the senior management of both companies have been closely involved throughout, supported by Publicis Group.
      The STELLANTIS name will be used exclusively at the Group level, as a Corporate brand. The next step in the process will be the unveiling of a logo that with the name will become the corporate brand identity. The names and the logos of the STELLANTIS Group’s constituent brands will remain unchanged.
      As previously stated, completion of the merger project is expected to occur in the first quarter of 2021, subject to customary closing conditions, including approval by both companies’ shareholders at their respective Extraordinary General Meetings and the satisfaction of antitrust and other regulatory requirements.

      View full article
  • Posts

  • Social Stream

  • Today's Birthdays

    1. jlbunting
      jlbunting
      (44 years old)
  • Who's Online (See full list)

    There are no registered users currently online

  • My Clubs

About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×
×
  • Create New...