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.

David Zatz founded Allpar in 1998 (based on a site he had begun in 1993-94), after years of writing reviews for retail trades. He has been quoted by the New York Times, the Daily Telegraph, the Detroit News, and USA Today. Before making Allpar a full-time career, he was a consultant in organizational psychology. You can reach him by using our contact form (much preferred) or by calling (313) 766-2304

Features: V8, Hyundai, and Mopar

Inviolet and a new green

Tornado following the Hurricane?

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 © 2008-2017, Allpar LLC. All rights reserved. • Mopar, Dodge, Jeep, Chrysler, HEMI, and certain other names are trademarks of Fiat Chrysler Automobiles.