Fiat Chrysler is open to pursuing alliances and merger opportunities if they make sense but a sale of its luxury brand Maserati is not an option, Chief Executive Mike Manley said in Geneva on Tuesday.
Asked whether he would consider selling Maserati to China’s Geely Automobile Holdings, as suggested by recent media reports, Manley said: “Maserati is one of our really beautiful brands and it has an incredibly bright future … No.”FCA is often cited as a possible merger candidate. Bloomberg said this week that the Italian-American car maker was attractive to France’s PSA Group given its exposure to the U.S. market and its popular Jeep brand.
Manley also said the world’s seventh-largest car maker, which is lagging rivals in developing hybrid and electric vehicles, would take the least costly approach to comply with increasingly more stringent European emissions regulations.
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$4.5B Fiat Chrysler plan to add 6,500 jobs in Detroit areaFiat Chrysler on Tuesday announced a $4.5 billion investment plan it said would increase its workforce in Detroit and the surrounding suburbs by about 6,500 jobs to build all-new or next-generation SUVs. who drives a pipsqueak car in Canada or USA. Just imagine you have an accident on 401 driving this roach. What about Oshawa ... nothing still after GM and yet GM continues to shut down plants in Canada and the US. As a life-long GM car driver, I used to say - 'if you drive a foreign car, you should get a foreign job.' Clearly I need to adjust my thinking. nomoreGMcars UniforTheUnion JerryPDias
Source: CP24 - 🏆 30. / 67 Read more »
$4.5B Fiat Chrysler plan to add 6,500 jobs in Detroit areaFiat Chrysler on Tuesday announced a $4.5 billion investment plan it said would increase its workforce in Detroit and the surrounding suburbs by about 6,500 jobs to build all-new or next-generation SUVs. who drives a pipsqueak car in Canada or USA. Just imagine you have an accident on 401 driving this roach. What about Oshawa ... nothing still after GM and yet GM continues to shut down plants in Canada and the US. As a life-long GM car driver, I used to say - 'if you drive a foreign car, you should get a foreign job.' Clearly I need to adjust my thinking. nomoreGMcars UniforTheUnion JerryPDias
Source: CP24 - 🏆 30. / 67 Read more »
Source: VancouverSun - 🏆 49. / 61 Read more »
Source: VancouverSun - 🏆 49. / 61 Read more »