Posts Tagged ‘Respective alliances’
Let’s start with the most important: Chrysler and Fiat have signed a document through which state their willingness to explore a possible alliance. And with that said, let the block because there is much to cut.
According to Automotive News Europe sources, the memorandum was signed on 16 January. This brings to mind the statements of Sergio Marchionne, who last month indicated the possibility of partnering with other manufacturers to avoid the crisis with the best body possible. It’s no secret that the lack of fuel-efficient vehicles Chrysler has put between a rock and a hard place, nor the Italians are licking their lips for years before the idea of ​​returning to the United States. It is therefore clear which way the shots.
The successful final agreement, Fiat would take a bite of 30-35% for Americans, with the ability to expand its share to 55% if so desired. Chrysler would receive at least one platform, engines, transmissions and the ability to expand distribution in Europe and Latin America, while Fiat will ensure an important bridgehead to the United States. We had heard earlier that it intended to use Marchionne Chrysler dealerships and excess production of its factories to make the jump to America, but today is something entirely new. And more importantly, could even be talking about Chrysler in Italian hands. That being said soon.
On the other hand, recall that both groups and similar collaborative agreements with other manufacturers, and end up with very similar. It is public for some time that Chrysler will use a platform for Nissan to develop a new compact, while Fiat in May initialed a memorandum of understanding with BMW to exchange components thinking about the next generation MINI. The possible effect of the news today in their respective alliances is something that remains to be seen, but you can assume that we have found our favorite talk in the coming months.