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Fiat Chrysler close to merging with Renault. #5116636
05/26/19 07:12 PM
05/26/19 07:12 PM
Joined: Mar 2017
Posts: 9,692
...
PimTac Offline OP
PimTac  Offline OP

Joined: Mar 2017
Posts: 9,692
...
https://www.cnbc.com/2019/05/26/fia...anced-talks-to-merge-the-automakers.html



Renault wants to grow. Nissan-Mitsubishi doesn’t want a merger so Renault looks to Fiat Chrysler who have been desperate for someone to buy in.


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Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116653
05/26/19 07:35 PM
05/26/19 07:35 PM
Joined: Sep 2009
Posts: 16,700
OH
fdcg27 Offline
fdcg27  Offline

Joined: Sep 2009
Posts: 16,700
OH
So merge one failing automaker with another?
Sounds like a plan!
The failure of the merged entity will help to reduce the chronic overcapacity that has plagued the industry through all of its history.
The industry as a whole has never had much pricing power as a consequence of over-capacity, which is the reason that the sticker price of any vehicle is more of a LOL number than the start of any serious negotiation for any halfway savvy buyer.
This is why new cars can be bought so cheaply with cheap or free financing or giveaway lease deals as a part of the package.
Gotta try to move the excess quantities of iron since markets must clear.


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Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116667
05/26/19 07:46 PM
05/26/19 07:46 PM
Joined: Apr 2010
Posts: 1,425
Suburban Washington DC
atikovi Offline
atikovi  Offline

Joined: Apr 2010
Posts: 1,425
Suburban Washington DC
Renault was part of Chrysler back when they sold the AMC Alliance and Eagle Medallion. Car manufacturers buy, sell, merge and dissolve companies as often at banks do.

Re: Fiat Chrysler close to merging with Renault. [Re: atikovi] #5116670
05/26/19 07:48 PM
05/26/19 07:48 PM
Joined: Mar 2017
Posts: 9,692
...
PimTac Offline OP
PimTac  Offline OP

Joined: Mar 2017
Posts: 9,692
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Originally Posted by atikovi
Renault was part of Chrysler back when they sold the AMC Alliance and Eagle Medallion. Car manufacturers buy, sell, merge and dissolve companies as often at banks do.



Yep I remember.


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Re: Fiat Chrysler close to merging with Renault. [Re: fdcg27] #5116671
05/26/19 07:50 PM
05/26/19 07:50 PM
Joined: Mar 2017
Posts: 9,692
...
PimTac Offline OP
PimTac  Offline OP

Joined: Mar 2017
Posts: 9,692
...
Originally Posted by fdcg27
So merge one failing automaker with another?
Sounds like a plan!
The failure of the merged entity will help to reduce the chronic overcapacity that has plagued the industry through all of its history.
The industry as a whole has never had much pricing power as a consequence of over-capacity, which is the reason that the sticker price of any vehicle is more of a LOL number than the start of any serious negotiation for any halfway savvy buyer.
This is why new cars can be bought so cheaply with cheap or free financing or giveaway lease deals as a part of the package.
Gotta try to move the excess quantities of iron since markets must clear.





Good comment. I don’t understand the reason for the merger of these two. Fiat has been looking for a long time but their price and demands were too high. The China automakers turned them down. Nissan-Mitsubishi is doing the same.

Size is not a measure of strength in this fast changing economy.


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Roki OEM filter.
Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116687
05/26/19 08:03 PM
05/26/19 08:03 PM
Joined: Sep 2009
Posts: 16,700
OH
fdcg27 Offline
fdcg27  Offline

Joined: Sep 2009
Posts: 16,700
OH
Originally Posted by PimTac
Originally Posted by atikovi
Renault was part of Chrysler back when they sold the AMC Alliance and Eagle Medallion. Car manufacturers buy, sell, merge and dissolve companies as often at banks do.



Yep I remember.


You both have a somewhat hazy memory of what actually happened.
Renault teamed up with AMC which didn't turn out so well.
Chrysler then bought AMC from Renault to gain access to the Jeep brand.
This proved wise, since FCA as it is now would already be dead were it not for Jeep.
Chrysler was contractually obligated to continue the manufacture of certain Renault designs, hence the short-lived Eagle brand.


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Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116692
05/26/19 08:09 PM
05/26/19 08:09 PM
Joined: Mar 2012
Posts: 495
PEARL River la
tiger862 Offline
tiger862  Offline

Joined: Mar 2012
Posts: 495
PEARL River la
It is so FCA can get into electric car business as well as autonomous vehicles.

https://group.renault.com/en/innovation-2/autonomous-vehicle/


Tiger862
2018 Grand Caravan
Re: Fiat Chrysler close to merging with Renault. [Re: tiger862] #5116699
05/26/19 08:12 PM
05/26/19 08:12 PM
Joined: Apr 2008
Posts: 40,002
Ontario, Canada
OVERKILL Offline
OVERKILL  Offline

Joined: Apr 2008
Posts: 40,002
Ontario, Canada
Originally Posted by tiger862
It is so FCA can get into electric car business as well as autonomous vehicles.

https://group.renault.com/en/innovation-2/autonomous-vehicle/


That would make sense. They've got basically nothing in that department right now and buying credits from Tesla doesn't seem like a winning long-term strategy.


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Re: Fiat Chrysler close to merging with Renault. [Re: OVERKILL] #5116705
05/26/19 08:19 PM
05/26/19 08:19 PM
Joined: Mar 2017
Posts: 9,692
...
PimTac Offline OP
PimTac  Offline OP

Joined: Mar 2017
Posts: 9,692
...
Originally Posted by OVERKILL
Originally Posted by tiger862
It is so FCA can get into electric car business as well as autonomous vehicles.

https://group.renault.com/en/innovation-2/autonomous-vehicle/


That would make sense. They've got basically nothing in that department right now and buying credits from Tesla doesn't seem like a winning long-term strategy.




That was their big reason for a NM merger but NM wants to be on their own. The alliance is okay but beyond that is negatory. Nissan is really doing big research into the electric/autonomous vehicle segment.


My memory of AMC is admittedly not that good. They were a hot potato back when the industry was going through the Malaise.


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Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116730
05/26/19 08:42 PM
05/26/19 08:42 PM
Joined: Apr 2010
Posts: 1,425
Suburban Washington DC
atikovi Offline
atikovi  Offline

Joined: Apr 2010
Posts: 1,425
Suburban Washington DC
Remember my Encore, Fuego and Alliance pretty well.

[Linked Image]

[Linked Image]

[Linked Image]

Found them quite pleasant and fun to drive. I'd say if it brings some new Renaults over here go for it.

Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116738
05/26/19 08:47 PM
05/26/19 08:47 PM
Joined: Nov 2008
Posts: 9,887
Phoenix
dishdude Offline
dishdude  Offline

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Phoenix
Some of those Renaults are really sharp cars. I really like the Talisman.


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Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116752
05/26/19 08:55 PM
05/26/19 08:55 PM
Joined: Aug 2011
Posts: 651
GoVols
kstanf150 Offline
kstanf150  Offline

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Posts: 651
GoVols
Originally Posted by PimTac
https://www.cnbc.com/2019/05/26/fia...anced-talks-to-merge-the-automakers.html



Renault wants to grow. Nissan-Mitsubishi doesn’t want a merger so Renault looks to Fiat Chrysler who have been desperate for someone to buy in.


Sounds like another recipe for failure

Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116763
05/26/19 09:07 PM
05/26/19 09:07 PM
Joined: Aug 2018
Posts: 157
Earth
GZRider Offline
GZRider  Offline

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Posts: 157
Earth
The best Nissans of the past 10-15 years were the ones built in Japan as far away from Renault and their parts as possible, do with that what you will.

Re: Fiat Chrysler close to merging with Renault. [Re: fdcg27] #5116797
05/26/19 09:30 PM
05/26/19 09:30 PM
Joined: Dec 2009
Posts: 27,660
Regina, Saskatchewan, Canada
Garak Offline
Garak  Offline

Joined: Dec 2009
Posts: 27,660
Regina, Saskatchewan, Canada
Originally Posted by fdcg27
So merge one failing automaker with another?
Sounds like a plan!

Isn't that what Fiat-Chrysler such a result in the first place? wink


Plain, simple Garak.

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Re: Fiat Chrysler close to merging with Renault. [Re: PimTac] #5116818
05/26/19 09:54 PM
05/26/19 09:54 PM
Joined: Sep 2009
Posts: 286
Lead, South Dakota
littlehulkster Offline
littlehulkster  Offline

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Posts: 286
Lead, South Dakota
Call me back when I can finally live the dream and get a Citroen in the US.


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