StaffAllpar HomeMore NewsCarsTrucksUpcomingRepairsTest drives

New merger-talk record set?

by David Zatz on

The last major FCA merger rumor circulated way back in May, which might mean that today sets a record for the longest time between FCA merger rumors.

With FCA’s finances steadily improving, Alfa Romeo garnering good reviews, the factory shuffle bearing fruit, and new engines on the way, pundits seem to have laid the constant talk of rumors to one side — especially since Sergio Marchionne tried to discourage them back in January.

FCA stock (FCAU) hit $11.95 (it’s now close at $11.93), even though the auto industry’s US sales are expected to decline over the coming year. FCA, though, has been profiting from the public’s rapid shift from compact/midsize sedans to crossovers.

Sergio Marchionne has not been seen much lately, leaving fewer utterances to be freed from context (though some would say that’s a sign, too, because executives of companies about to merge or acquire/be acquired have strict limits on what they can say).

Sergio Marchionne said the company would go its own way at least through its “net-debt-free” point in, if all goes well, 2018.  He is due to retire around April 2019 — leaving reporters with much less to write about.

Know & Go screens
Employees created new FCA US app—first available to Ram TRX

Newest Ram Built to Serve models honor the U.S. Air Force

Former Ram chief engineer Michael J. Cairns

More Mopar Car
and Truck News

Some popular Allpar pages

Dodge Demon

2018 Wrangler JL

Staff details/contactsTerms of ServiceInformation is presented to the best of our knowledge. Plans change and sometimes mistakes are made. Decisions or purchases made based on this site's verbiage or images are done at the reader's own risk. Also see the Allpar News archives, 1997-2008 • Copyright © VerticalScope Inc. All rights reserved. • Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Fiat Chrysler Automobiles.