AF: PSA will be merged into FCA | Page 13 | Allpar Forums
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PSA will be merged into FCA

Discussion in 'Mopar / FCA News' started by T_690, Feb 26, 2020.

  1. Adventurer55

    Adventurer55 Well-Known Member

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    So, it'll go something like this: Ram, a Stellantis brand?
     
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  2. page2171

    page2171 Well-Known Member

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    @TripleT , haven't seen you around in awhile. Welcome back!
     
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  3. gforce2002

    gforce2002 Well-Known Member

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    You mean, a Stell/ \ntis brand.
     
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  4. MJAB

    MJAB Well-Known Member

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    Aries Stellantis notam
     
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  5. Beentherebefore

    Level III Supporter

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    Gonna take some getting used to.
     
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  6. Cody's Car Conundrum

    Cody's Car Conundrum Active Member

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    "Oxyclean, a Johnson family company." Is how I heard that when I read it :D:p
     
  7. Tony K

    Tony K Active Member

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    Aries Stellantis (literally means Ram of the Stars), as "stellantis" is the genitive singular of "stellans," which means "starry, having the appearance of stars"
     
  8. hmk123

    Level III Supporter

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    I think I would have preferred Stellans Motors or Stellans Automotive Group ...
     
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  9. Chebby7

    Chebby7 Active Member

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  10. aldo90731

    Staff Member Level III Supporter

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    77 Monaco Brougham and Dave Z like this.
  11. T_690

    T_690 Well-Known Member

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    John will walk away...
     
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  12. aldo90731

    Staff Member Level III Supporter

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    Not if the pandemic forces his hand.
     
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  13. 77 Monaco Brougham

    77 Monaco Brougham Well-Known Member

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    I don't enjoy saying this...but...

    IF the interests of "Universal Karma" are to be served, then PSA / The Peugeot Family will want to change the terms of the transaction from "nominal merger of equals"...to...ACQUISITION by PSA / The Peugeot Family.

    In effect...it would serve as punishment for almost a century of mismanagement by Chrysler Corporation / DCX / Cerberus / FCA.
     
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  14. Zagnut27

    Zagnut27 Jeepaholic

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    That makes it look like two separate words...Stell and ntis. One will be left wondering how to pronounce ntis...is the n silent? The head scratching will be terrible. Women shall weep and men shall gnash their teeth. Human sacrifice...dogs and cats living together...mass hysteria!

    Ok...maybe not QUITE that bad.....:p
     
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  15. KrisW

    KrisW Well-Known Member

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    Hardly. Tavares is chancing his arm, using a once-off external event to claim that his company is more valuable than FCA simply because its manufacturing hubs (central Europe and France) and main markets were not as badly hit by Covid-19 as FCA's.

    On a long-term view, there's no change to the valuations, and the terms of the merger were set on long-term forecasts, not annual spikes or dips.
     
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  16. Stéphane Dumas

    Stéphane Dumas Well-Known Member

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    And then the acquisition of GM-Europe(Opel-Vauxhall) was to get some GM's DNA to prevent the "Jeep curse". Bearhawke once mentionned then it could be GM who have the cure for that jinx.

    Sligtly off-topic, Gilles Vidal, a Peugeot designer goes to Renault from what I read on that French article. Gilles Vidal de Peugeot à Renault ! - Leblogauto.com (at https://www.leblogauto.com/2020/07/gilles-vidal-de-peugeot-a-renault.html )

    And speaking of Renault, does who read DeLorenzo's Autoextremist column this week mentionned then things isn't rosy at Nissan.
     
  17. aldo90731

    Staff Member Level III Supporter

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    This "one-off external event," as you describe it, will most likely change the automotive industry forever.

    In any event, the fact that Tavares is bringing it up clearly suggests he sees it as a possibility.
     
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  18. aldo90731

    Staff Member Level III Supporter

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    Nissan warned today that losses are going to mount: Nissan shares fall 10% after record loss warning
     
  19. patfromigh

    patfromigh Well-Known Member

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    Here is the midwest after a tornado, debris will continue to fall for awhile even after the cloud has past. Some of the debris will fall in places distant from where the tornado struck. That is what it feels like in the rental car business at this moment. We are still waiting for the debris to stop falling. Our business is picking up here because people need to travel, but flying remains limited. I am seeing more vehicles with a thousand miles added to the odometer in a week. We are short of vehicles and what we have is being used up. A company just can't go out and buy more vehicles, because not all the production facilities are up and running. Even if a company can get the products money is tight. Hertz is on the ropes while the banks are tight fisted. Rental companies are the automakers biggest customers.

    The parts supply for manufacturing will be problematic. Too much stuff comes from China, which is an increasingly hostile regime towards the US.

    Another problem is the On the Beach driving environment on our roads. Traffic is down, but accidents and fatalities are up. More people are carelessly wrecking their vehicles. Vehicles need to be replaced, but consumers are hurting financially.
     
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  20. KrisW

    KrisW Well-Known Member

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    Yes, and those changes will apply equally to PSA as to FCA. The "one off" was the initial mass closure and widespread sheltering orders put in place in the first half of this year.

    Also, this is not a finished story: while Italy has managed to keep a lid on things, France, Spain and Central Europe are showing worrying signs of a relapse. PSA may yet go through the same difficulties that FCA has done.

    As CEO of PSA, Tavares has a duty to talk up PSA and talk down FCA and try to get a larger shareholding in the combined entity. We've no duty to believe everything he says.
     
    ScramFan likes this.

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