Re: FCA - Peugeot Merger. . . .
[Re: a12rag]
#2725186
12/18/19 06:46 PM
12/18/19 06:46 PM
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Joined: Jan 2006
Posts: 8,162 USA
360view
Moparts resident spammer
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Moparts resident spammer
Joined: Jan 2006
Posts: 8,162
USA
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Sample quote The two companies have highlighted a pledge to extract $4.1 billion (3.7 billion euro) in annual savings without closing plants. That suggested cuts elsewhere — on Wednesday the companies pointed to savings in vehicle platforms, purchasing scale, marketing, logistics and information technology — but Bailo said the FCA headquarters is a "great building (in a) great location." End quote Over and over again, in all types of industries- not just automotive, 90% of the time these “Synergies” for saving money in huge mergers do not come true. It is historical fact. Sample quote "Chrysler is the golden goose within FCA. It makes 100% of the profits. It will also be the most profitable part of PSA-FCA, and PSA will not want to screw that up. The merger could actually help the Chrysler brand, which is down to only two vehicles, the 300 (sedan) and Pacifica (minivan)," McElroy said. End quote Ram and Jeep “free cash flow” cannot support everything else worldwide, especially electric conversions of all powertrains. The main “pro” of this merger is now several governments will pony up money to save factory jobs when a downturn comes. That is actually a big survival advantage. When the merger is complete and new stock is listed, I predict the Agnelli heirs will use the “honeymoon period” to sell off stock and diversify their wealth. https://www.ft.com/content/01346274-5211-11e9-b401-8d9ef1626294
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Re: FCA - Peugeot Merger. . . .
[Re: 360view]
#2725188
12/18/19 07:07 PM
12/18/19 07:07 PM
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Joined: Jan 2006
Posts: 8,162 USA
360view
Moparts resident spammer
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Moparts resident spammer
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https://www.crainsdetroit.com/automotive/fiat-chrysler-psa-boards-sign-47-billion-merger-dealSample quote Before the closing, Fiat will distribute to its shareholders a special dividend of more than $6 billion while PSA will distribute its 46 percent stake in car-parts maker Faurecia SE to its own investors. End quote Sample quote China's Dongfeng Motor Corp., which owns 12 percent of PSA, will see its stake in the combined company decline to 4.5 percent as a result of the deal and the sale of a portion of its holding to the French carmaker. Dongfeng's stake in PSA has attracted attention because of the possibility it could interfere with U.S. regulatory approval. U.S. economic adviser Larry Kudlow said last month the Trump administration would review the proposed merger because the deal would give the Chinese carmaker a stake in the combined company. Tavares, on the call, said the companies don't expect any significant issues from the antitrust regulators. Legal, tax issues Fiat CEO Mike Manley, on the call, dismissed concerns over legal and tax issues that arose in recent weeks. GM in November filed a federal racketeering lawsuit against Fiat Chrysler, charging it with bribing the United Auto Workers union for more favorable terms. Manley called the allegation meritless. Separately, Italian tax authorities have claimed that Fiat owes the government a hefty sum after underestimating Chrysler's value following its purchase several years ago. Manley reiterated that the case would have no material impact, and said both issues were reviewed during due diligence with PSA. End quote
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Re: FCA - Peugeot Merger. . . .
[Re: a12rag]
#2725206
12/18/19 08:48 PM
12/18/19 08:48 PM
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Joined: Feb 2007
Posts: 5,604 Michigan
oldjonny
Don't argue with me.
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Don't argue with me.
Joined: Feb 2007
Posts: 5,604
Michigan
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There you have it...sounds about correct. The funny thing is watching all of the folks that would NEVER in a million years drive 'foreign' cars now drive 100% foreign cars.... Sergio was one slick guy...his 'legacy' will remain for a long time.
Never, ever argue with an IDIOT. They will drag you to their level and then beat you with their years of experience
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Re: FCA - Peugeot Merger. . . .
[Re: Jer]
#2725257
12/18/19 11:51 PM
12/18/19 11:51 PM
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Joined: Dec 2005
Posts: 9,719 Home
SRT6776
I hate internal combustion engines!
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I hate internal combustion engines!
Joined: Dec 2005
Posts: 9,719
Home
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So.... the Germans build crummy cars - over-engineered, overrated, over priced, so-so reliability, expensive to fix.
The Italians build even worse cars - low quality and ALMOST the least reliable vehicles anywhere.
The French build the absolute worst cars on the planet. Maybe the known galaxy.
If you take espresso and mix it with doggy do-do, it still tastes like do-do.
But then, that might be just MY take in this! The PSA brands are actually near the top for reliability (which was a surprise), not Toyota but above Hyundai. WAY ahead of FCA brands... Stick a Chrysler grille in this thing and give the dealers something to sell
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Re: FCA - Peugeot Merger. . . .
[Re: Sunroofcuda]
#2725261
12/18/19 11:59 PM
12/18/19 11:59 PM
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Joined: Dec 2005
Posts: 9,719 Home
SRT6776
I hate internal combustion engines!
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I hate internal combustion engines!
Joined: Dec 2005
Posts: 9,719
Home
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Re: FCA - Peugeot Merger. . . .
[Re: SRT6776]
#2725263
12/19/19 12:10 AM
12/19/19 12:10 AM
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Joined: Dec 2005
Posts: 9,719 Home
SRT6776
I hate internal combustion engines!
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I hate internal combustion engines!
Joined: Dec 2005
Posts: 9,719
Home
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Re: FCA - Peugeot Merger. . . .
[Re: SRT6776]
#2725269
12/19/19 12:26 AM
12/19/19 12:26 AM
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Joined: Dec 2005
Posts: 9,719 Home
SRT6776
I hate internal combustion engines!
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I hate internal combustion engines!
Joined: Dec 2005
Posts: 9,719
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E-legend concept, whoever did this should be given the keys to design the next gen charger and challenger
Last edited by 4263rdGen; 12/19/19 12:28 AM.
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Re: FCA - Peugeot Merger. . . .
[Re: SRT6776]
#2725273
12/19/19 12:42 AM
12/19/19 12:42 AM
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Joined: May 2003
Posts: 3,350 N.W. Florida
Fat_Mike
master
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master
Joined: May 2003
Posts: 3,350
N.W. Florida
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E-legend concept, whoever did this should be given the keys to design the next gen charger and challenger Perhaps, but that looks like the next generation Camaro to me.
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Re: FCA - Peugeot Merger. . . .
[Re: Fat_Mike]
#2725300
12/19/19 06:59 AM
12/19/19 06:59 AM
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Joined: Jan 2003
Posts: 17,546 Las Vegas, NV
6bblgt
I Live Here
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I Live Here
Joined: Jan 2003
Posts: 17,546
Las Vegas, NV
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E-legend concept, whoever did this should be given the keys to design the next gen charger and challenger Perhaps, but that looks like the next generation Camaro to me. but if you knew what a Peugeot 504 coupe looked like, you would see what the E-legend concept's styling is based on
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Re: FCA - Peugeot Merger. . . .
[Re: SRT6776]
#2725307
12/19/19 08:23 AM
12/19/19 08:23 AM
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RWG75
Unregistered
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RWG75
Unregistered
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looks nearly identical to 10 or 15 other things that look nearly identical to everything else in that market. For some reason this one says buick or maybe mitsubishi or kia to me. Like it makes any difference.
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Re: FCA - Peugeot Merger. . . .
[Re: 5thAve]
#2725321
12/19/19 09:18 AM
12/19/19 09:18 AM
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Joined: May 2019
Posts: 6,497 nowhere
Sniper
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master
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nowhere
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One plus is it's a potential way to get more small fuel efficient Dodges here to gain sales in that way. . That's what they said when Fiat was given Chrysler. We see how that worked. Oh I remember people here fantasizing like a teenaged boy with a Playboy in one hand about Alfa being sold here, rebadged as Dodges, etc. We see how that worked. What we've seen is FCA polishing the LX and variant turd until it shown so bright many couldn't see the lack of investment into the brand for all the "shiny" on it. Quick, without looking name the models being sold as a Chrysler right now. Then look at when the basic platform was introduced.
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Re: FCA - Peugeot Merger. . . .
[Re: 6bblgt]
#2725508
12/19/19 11:59 PM
12/19/19 11:59 PM
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Joined: Jun 2006
Posts: 12,066 (Central) PA
Runner2go
I Live Here
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I Live Here
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(Central) PA
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E-legend concept, whoever did this should be given the keys to design the next gen charger and challenger Perhaps, but that looks like the next generation Camaro to me. but if you knew what a Peugeot 504 coupe looked like, you would see what the E-legend concept's styling is based on Other than 2-doors & the fact they are both silver with rubber tires, I don't see any of the 504 in that concept car.
1966 383, 4-sp Charger 38yrs 1970 440+6, 4-sp Road Runner 36yrs 1974 360, auto Challenger 25yrs,in Family 41yrs 2003 Ram 2500 QCLB 4x4 Cummins HO 2010 5.7L R/T 6sp Challenger - Mopar10 2018 392 Daytona Charger
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