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FCA + Peugeot in Talks

Discussion in 'Mopar News' started by Dan Minick, Oct 29, 2019.

  1. Deckard_Cain

    Deckard_Cain Active Member

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    Here we go again...
     
  2. Satellite Saint

    Satellite Saint Active Member

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    No, no ,no.
     
    jclick and plymouth1 like this.
  3. Dave Z

    Dave Z It's me, Dave
    Staff Member Supporter

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    At least it's not Renault. Less overlap, fewer jobs at risk; and better quality cars, at that. I think/hope.
     
  4. Adventurer55

    Adventurer55 Well-Known Member

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    Oh boy, this should be interesting.
     
  5. Satellite Saint

    Satellite Saint Active Member

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    You sure?;)
     
    HotCarNut likes this.
  6. Lampredi

    Lampredi Well-Known Member

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    Did Chinese automaker Dongfeng ever get around to selling its 14 % share of PSA? If not, a merged FCA-PSA entity risks being partially Chinese-owned, which would obviously be an extremely unpalatable scenario. :eek:
     
    77 Monaco Brougham and wtxiceman like this.
  7. Adventurer55

    Adventurer55 Well-Known Member

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    This is good news for the crowd that wanted GM and FCA hookup. You get the GM cars without GM.
     
    BASONE88 and Beentherebefore like this.
  8. codypet

    codypet Well-Known Member

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    If they're looking for a way out like its implied from the article with bonds backed by a stock or cash, seems like FCA grabbing that share and then some might be the opportunity they're looking for.

    Looking at their vehicle portfolio I could see some of these cars coming to NA. They had already expressed interest in coming to NA by 2023 or 2026 depending on your sources, seems like this would keep them from having to do it.
     
  9. mopar22

    mopar22 Well-Known Member

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    It's 13.68, no different then french state and the Peugeot family. They all own 13.68
     
  10. Chase300

    Chase300 Well-Known Member

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    Yeah, heard about it on the financial news shows today.....and hearing that the GM contract w/UAW will pose the most challenge to FCA assuming the UAW sticks to the same demands.
     
  11. Zagnut27

    Zagnut27 Jeepaholic

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    Gee, I said in another thread that they might revisit this, and another poster made comments that I had no idea what I was talking about....something about my thoughts on the subject being “poopies”....hmmm, I guess I was right after all. Funny how that works.
     
  12. 77 Monaco Brougham

    77 Monaco Brougham Active Member

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    Thanks for bringing up this point. I thought I was the only one who was apprehensive about this particular aspect of any FCA/PSA marriage.

    OH! Almost forgot...Just heard on Bloomberg News Radio this morning that PSA is to be the "acquiring entity", despite the fact that (at least at end of trading yesterday) FCA was the entity with the larger market cap.
     
    #13 77 Monaco Brougham, Oct 30, 2019
    Last edited: Oct 30, 2019
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  13. Tin Man 2

    Tin Man 2 Active Member

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    Good Grief, Chrysler to be controlled by a French company. God help us all.
     
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  14. valiant67

    valiant67 ...

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    Size doesn't necessarily matter. Plenty of smaller companies have gobble up much larger companies in the past.
     
    Tony K and 77 Monaco Brougham like this.
  15. Stéphane Dumas

    Stéphane Dumas Well-Known Member

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    Yeah, however PSA said then future Opel/Vauxhall models will use PSA platforms. On the other hand, Chrysler will hook up with a former part of itself when Rootes and Simca was acquired by PSA in the late 1970s.
     
    hemi_magnum and Adventurer55 like this.
  16. valiant67

    valiant67 ...

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    FCA's stock has been lagging lately without any merger rumors to prop it up.
    It got a nice bump yesterday from this story.
     
  17. 77 Monaco Brougham

    77 Monaco Brougham Active Member

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    Spoken like a true cynic!

    No wonder I find myself agreeing with you so often.;)
     
    Powdered Toast Man likes this.
  18. 77 Monaco Brougham

    77 Monaco Brougham Active Member

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    You raise a good point.

    One need only browse through the other pages of the Allpar site to know that in the 1920's, when Chrysler Corporation acquired Dodge Brothers Company, Chrysler was by far the smaller company.
     
    #19 77 Monaco Brougham, Oct 30, 2019
    Last edited: Oct 30, 2019
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  19. Adventurer55

    Adventurer55 Well-Known Member

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    The devil will be in the details. FCA at this point seems almost desperate. Like they must merge with almost anyone.
     
    HotCarNut, aldo90731, James A and 2 others like this.

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