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4th largest automotive group in the making... Fiat Chrysler and Peugeot reach deal to merge DETROIT – From Daimler-Chrysler to Fiat Chrysler, the former American automaker Chrysler Corp. has gallivanted around the world to find partners to assist in its growth or help keep it afloat. It now has its sights set on Peugeot maker PSA Group. Both the French carmaker and Fiat Chrysler on Wednesday confirmed they are in talks to create the world’s fourth-largest automaker with a roughly $50 billion valuation. The PSA board approved the merger and the Fiat Chrysler board is set to meet Wednesday, a person familiar with the deal told CNBC. Executives have briefed regulators in the U.S. and France, the Wall Street Journal reported, citing unnamed sources. Peugeot CEO Carlos Tavares is expected to lead the combined automaker as its CEO, while John Elkann, Fiat Chrysler chairman and heir of the Agnelli family dynasty that founded Fiat, would continue his role with the combined company, the WSJ reported. The deal gives Peugeot six board seats and Fiat Chrysler five, according to the WSJ. “We will not comment beyond the press release issued this morning,” PSA Spokesman Pierre-Olivier Salmon said in an email, citing a press release issued earlier in the day that confirmed the two companies were holding “ongoing discussions aiming at creating one of the world’s leading automotive groups.” Fiat Chrysler spokesman Niel Golightly said he had “nothing to add at this time.” Reports of the talks, including a potential “all-share merger of equals,” as the Wall Street Journal first reported, sent shares of Fiat Chrysler surging as much as 8% on Tuesday. The stock rose by less than 2% in midday trading Wednesday. The confirmation of the talks comes about five months after Fiat Chrysler ended merger discussions with PSA’s French rival, Renault. Fiat Chrysler, the world’s seventh-largest automaker, has been on a quest for a tie-up to grow scale and consolidate costs for several years. ‘Litany of obstacles’ Even if the deal wins approval from both boards, it faces a lot of obstacles. Challenges include consolidation, clashing corporate cultures and government and regulatory approval, among other issues. Talks of a potential tie-up between Fiat Chrysler and Renault ended earlier this year largely due to the French government, which owns a roughly 12.2% stake in Renault. The French government currently owns a 13.7% stake in PSA. Bank of America Merrill Lynch analyst John Murphy cited the French government’s ownership as one of a “litany of obstacles” facing such a deal. Murphy said similar to Fiat Chrysler’s potential tie-up with Renault, the “industrial logic” is “unclear unless there is massive headcount reduction.” Such a deal, according to Murphy, also could alienate U.S. buyers, lowering the potential benefit of the two automakers combining. Even if the merger is approved by shareholders and regulators, “there is a material risk American consumers may shift to Ford and GM products due to FCA possibly no longer being perceived as an ‘American’ identity, not to mention the potential political implications of this potential deal.” Bernstein analyst Max Warburton said a merger between Fiat Chrysler and Peugeot “has more logic” than one with Renault. He specifically cites the potential for Tavares to create “long-term value.” “We ultimately think a deal could be made to work — this would be as much about raising performance as it would be about synergies,” he wrote in a Tuesday note to investors. However, Warburton noted a deal between the two does little to increase business in China, the world’s largest auto market, and the timing is “sub-optimal” given FCA’s earnings are at all-time high. Rewards Analysts see the merger as a quick way for Peugeot to re-enter the U.S. market after a decades-long hiatus, while continuing to grow its European operations following the company’s acquisition of GM’s European business in 2017. “This news is not unexpected, given that both companies have been actively exploring tie-ups with others to yield cost savings and other synergistic benefits,” said David Leggett, automotive editor at data analytics firm GlobalData. For Fiat Chrysler, it would finally cement former CEO Sergio Marchionne’s vision of creating a global automaker with the resources to successfully compete in the ever-changing auto industry. In 2015, Marchionne, who unexpectedly died in July 2018, called for industry consolidation in a presentation called “Confessions of a Capital Junkie.” Consolidation would save capital that was being wasted by automakers developing redundant technologies, he said. “These were not hallucinations of somebody looking to grandstand in the industry,” Marchionne said at the time. “We have spent a lot of time trying to understand what makes this machine tick. And the machine can tick a lot better if certain things happened.” Marchionne believed only a handful of the world’s largest automakers would survive and have the capital to compete as automakers push for autonomous and all-electric vehicles. The deal with PSA would give Fiat Chrysler access to PSA’s newer vehicle platforms in Europe as well as emerging technologies. Marchionne’s methodical combination of Fiat and Chrysler a decade ago is considered one of the more successful tie-ups for the auto industry in the recent years. Chrysler’s previous “merger of equals” with German automaker Daimler-Benz in 1998 was a culture clash and failure that led to a divorce less than a decade later, followed by Chrysler spiraling into bankruptcy in 2009.

"Add 2 parts Chrysler, 1 part Honda, a dash of Mercedes-Benz and a ton of

Fiat Chrysler Automobile has chosen transmission manufacturer ZF as its supplier for its upcoming rear- and all-wheel drive vehicles with front-longitudinal engine configuration. “We are pleased being nominated as global transmission supplier by FCA. This is our second major order for the new 8HP and it confirms our strategy to focus on plug-in hybrids as an every-day solution and to develop attractive products in these areas,” ZF Chief Executive Wolf-Henning Scheider said. The new automatic gearbox is equipped with an integrated electric drive and can be used in plug-in hybrid vehicles that FCA plans to produce. While the company has not declared which of its models will get the transmission, it is expected to find its way into some of the company’s bigger cars. To be built at ZF's factory in Germany, production of the new gearbox is scheduled to start in 2022 and will also be manufactured in other locations such as the United States and China at a later date. According to ZF, FCA's deal with them is the second largest order in its history while its largest single order happened with BMW just three months before this.

It is rumored that Fiat Chrysler Automobiles and Renault have resumed talks to revive its potential merger. Its merger plan failed a couple of weeks ago and FCA blamed the French government for it. According to Reuters, Nissan wants Renault to significantly reduce its 43.4% stake in return for its support of a $48billion merger between FCA and Renault. In the article, FCA chairman John Elkann and Renault chairman Jean-Dominique Senard have been holding talks about continuing the negotiation, but both companies are refusing to comment on the reports officially. A senior advisor from FCA, Toby Myerson was also spotted at the Nissan headquarters in Japan for discussions with top management and would have likely include Nissan Chief Executive Hiroto Saikawa. Also in the article, it explained that the Nissan head has long believed that its alliance with Renault needed “re-balancing”. This is because Nissan is much larger than Renault but it only holds a 15% stake in the French automaker and no voting rights, while Renault owns 43.4% of Nissan. The French government has since responded, willing to reduce its 15% stake in Renault in an effort to see the merger come to fruition, but only if that would benefit both FCA and the Alliance in general.

The French government has been blamed for the failure of Renault and Fiat Chrysler Automobiles's proposed merger. But it disagrees. It only took 10 days for the merger to fail as Reuters reported that the French government, which has a 15% stake in Renault, took things overboard by demanding a series of guarantees and concessions that were deemed excessive by FCA. A French government official then called FCA's Chairman John Elkann to persuade him to reconsider the offer but was rejected still. According to French finance minister Bruno Le Maire, the government engaged in the negotiations constructively but they weren’t ready to commit without the consensuses of Renault’s partner, Nissan. Meanwhile, Nissan's said that it would be neutral on the merger proposal. The article went on to say that the people in FCA was actually fine with Nissan's stance and put the blame on the French government for the collapse of the deal.

Maybe Renault is sick of Nissan & Japanese gov of "tekkaning" Carlos Ghosn, they are going to shelve their plan to merge with Nissan if Fiat Chrysler is interested to merge with Renault. Fiat Chrysler and Renault in talks over mergerCarmakers set to announce collaboration on electric vehicle technology and production https://www.ft.com/content/846bc2f0-7fbf-11e9-9935-ad75bb96c849

Hi all, I am not sure if this is the right place to post, but admin you can move this post to the appropriate thread topics. but I am looking for Chrysler Jeep Wrangler or Defender for my wedding on 13th November 2016. Just 24 hours, from Saturday(12/11/2016) evening to Sunday(13/11/2016) evening This model is not widely available for rent so I am turning to this forum to hope there is a kind soul willing to rent. Please contact me at 94871986 Thank you!

Has anybody taken a test drive - very curious about this and whether it's anygood They are doing a bunch of facebook promo, but I rather suspect that it will be underpowered? (My father drove the 4 litre straight six version for a while)

RIP https://www.bloomberg.com/news/articles/2018-07-25/sergio-marchionne-ceo-who-steered-fiat-chrysler-dead-at-66 Sergio Marchionne, the former chief executive officer of Fiat Chrysler and architect of the automaker’s dramatic turnaround, has died. He was 66. His death was confirmed Wednesday by Exor NV, the holding company of Fiat’s founding Agnelli family, just days after Marchionne was replaced as CEO. His health had declined suddenly following complications from a shoulder operation at a Zurich hospital, according to people familiar with the situation. The company wasn’t specific about the cause of his death. "Sergio Marchionne, man and friend, is gone,” Fiat Chairman John Elkann said in a statement. "My family and I will be forever grateful for what he has done,” said Elkann, who also is chairman and CEO of Exor. Selected as CEO of Fiat SpA in June 2004, Marchionne took the Italian manufacturer from the brink of bankruptcy to the New York Stock Exchange, where he rang the bell on Oct. 13, 2014, to mark the debut of Fiat Chrysler Automobiles NV, the London company created when Fiat bought the Detroit carmaker. Marchionne, who described himself as a corporate fixer, was Fiat’s fifth CEO in less than two years when he took over. He replaced Giuseppe Morchio, who quit after the billionaire Agnelli family refused to give him the joint title of chairman and CEO when then-Chairman Umberto Agnellidied of cancer. Fiat Rebounds Marchionne was handed an automaker that lost more than 6 billion euros ($7 billion) in 2003. By 2005, he had returned the company to a profit by wringing some $2 billion from an alliance with General Motors Co., laying off thousands of workers, introducing new models, and slashing the time it took to get a new car to market to just 18 months, from four years.In 2009, U.S. President Barack Obama’s administration announced that Fiat would take control of Chrysler LLC, rescuing the American company from bankruptcy. “I don’t care what a tough guy he was to work for, he saved our company,” said Cass Burch, a Chrysler and Jeep dealer in Georgia. “He deserves a bronze statue.” The deal gave Marchionne “a huge sense of responsibility,” he said in a 2011 interview. His office on the fourth floor of Fiat’s Turin headquarters was adorned with a black-and-white poster of the word “competition” and a Picasso print bearing the motto, “Every act of creation is first of all an act of destruction.” During his tenure at Fiat, Marchionne boosted the company’s value more than 10-fold by restructuring the auto business and separating assets. Among the biggest spinoffs was the 2015 listing of supercar-maker Ferrari NV, where Marchionne also served as CEO and chairman. Thrill Ride Marchionne’s direct manner and frumpy demeanor -- he was rarely seen wearing anything but jeans and a black pullover sweater -- made him stand out in buttoned-down Italy. He knew how to move fast and enjoyed driving his half-dozen Ferraris. “When you’re pissed off, there’s nothing better than this,” he said, stomping on the accelerator of his black Enzo at the company’s test track in 2014 and pushing the car from a comfortable 120 miles per hour to something over 200. Fueled by a dozen espressos a day and packs of Muratti cigarettes, he stormed into Fiat and fired most of the top management, then did the same at Chrysler in 2009, installing a dozen newcomers on his second day. He also knew speed can be dangerous. In 2007, he wrecked a $350,000 Ferrari on a highway in Switzerland. “In the car business, sometimes you crash,” he said. Yet even as he garnered criticism from politicians and unions for slashing jobs and cutting costs, Marchionne argued that moving slowly could be even more risky. When he took over both Fiat and Chrysler, he always maintained, the companies needed radical change in order to survive. Consolidation PushThe Chrysler deal was part of a long-standing campaign Marchionne had waged to spur consolidation in the auto industry, which he claimed had far too much capacity for all players to survive. To that end, he publicly campaigned for a merger with General Motors Co. in 2015 but was rebuffed by the U.S. carmaker. “Sergio created a remarkable legacy in the automotive industry,” Mary Barra, chairman and CEO of General Motors said in a statement. “We at General Motors offer our condolences to Sergio Marchionne’s family and friends.” Ford Motor Co. Chairman Bill Ford also praised Marchionne “as one of the most respected leaders in the industry whose creativity and bold determination helped to restore Chrysler to financial health and grow Fiat Chrysler into a profitable global automaker.” Marchionne had planned to leave Fiat in 2019, but with his health deteriorating, on July 21 he was replaced as CEO of Fiat Chrysler by Mike Manley, head of the Jeep and Ram brands. Louis C. Camilleri took over at Ferrari, and Suzanne Heywood succeeded Marchionne as chairman of truck and farm-equipment maker CNH Industrial NV. Some Italian media reports said Marchionne had cancer. People close to Marchionne told Bloomberg News that he died of cardiac arrest and didn’t have cancer. Marchionne was born on June 17, 1952, in Chieti, a hilltop town near the Adriatic sea in central Italy. His father was a local policeman, and when Marchionne was 14 the family moved to Toronto. A chartered accountant and attorney with dual Canadian and Italian citizenship, Marchionne began his career in Canada at Deloitte & Touche, then moved on to packaging producer Lawson Group. In 1994, Marchionne joined Alusuisse Lonza Group Ltd. after the Swiss chemical and pharmaceutical company acquired Lawson. Three years later, as Alusuisse CEO, he spun off the drug business to createLonza Group AG, where he tripled profit in three years. He later consolidated his reputation as a turnaround specialist at SGS SA, a Geneva-based product-testing company at the time controlled by the Agnelli family. Marchionne and his estranged wife, Orlandina, had two children, Alessio and Tyler. His partner, Manuela Battezzato, works in Fiat Chrysler’s press office.

The calculation is confusing. For $60 of petrol, is the net amount supposed to be $44.40 or $45.60? The cashier yesterday argued with me saying is because HSBC discount changed so its now $45.60. But I gotten $44.40 many times before.

Anyone knows of a good workshop that can do Chrysler servicing and repair? Not keen to go back to authorised dealer due to very bad experience

Hi all, looking for Scrapped Dodge Caliber/Chrysler Sebring/PT cruiser parts namely Instrument panel, a/c compressor etc. Do PM me if you have :)

this is a nice looking MPV...not sure if local Chryler AD will bring in.... https://youtu.be/rAYoDe6ea2M

See the link here:

Taken from SHC: The $160K huge macho high shoulder line Chrysler 300C 3.5L V6 249bhp has arrived in Singapore. Looks like a Bentley from the front, very grand looking...definitely a tow kay car!

Dear sir, I know your car is very powerful. I was merely trying to filter left and probably overtook you by mistake, even though I had the signal light on. You don't have to show me how powerful your taxi is and jammed brake in front of me. You will be reported to your taxi company. Thank you. http://youtu.be/jMPPTymvEXs

Hi guys anyone driving the Chrysler Sebring here? GOt 1 unit when the coe was at the super low and chrysler was clearing stocks. Any reviews from drivers?

The second generation Chrysler 200, which had its debut at the Detroit Auto Show, becomes another contender in the most competitive mid-size sedan category. Two powertrains are available: a 3.6-liter V-6, with 295-horsepower and 262 lb-ft of torque, or a 2.4-liter inline-4 that produces 183-horsepower and 173 lb-ft of torque. A new 9-speed automatic transmission delivers about a 13-percent fuel economy gain, not to mention (hoped for) performance gains. The gearbox is controlled via an electronic Audi-like rotary knob shifter at the base of the center console. Chrysler joins Audi, Subaru, Ford and Cadillac in offering all-wheel drive on its mid-size sedan. The 200 boasts 60 safety features—the most available in the segment and promises an estimated highway fuel economy of 35 mpg, “The design of the 200 debuts the new face of Chrysler,” said Al Greenwald, president of Chrysler. It’s an elegant, fluid, and understated design which is enhanced by LED daytime running lamps, fog lamps and tail lamps. The higher-end 200 S-model has exclusive gloss black trim and accents, dual exhaust, black wheels and sportier handling. It shares a platform with the Dodge Dart, Jeep Cherokee, and Alfa Romeo Giulietta - and benefits from the tinkering that has been done to previous models in terms of fit and finish and powertrain refinement. “This car is the result of what we learned working on those vehicles,” said Kathy Graham, a spokesperson for Chrysler. “Everything’s better.” It’s equipped with state of the art technology and available in distinct trim levels. An imprint of the skyline of Motor City in the floormats emphasizes Chrysler’s slogan: Made in Detroit. The 200's intended production plant has a 400,000-vehicle capacity and an energy consumption reduction of 62-percent from previous plants of this scale. One veteran photo-journalist called the previous Chrysler 200 one of the three ugliest cars he had ever photographed. The new 2015 Chrysler 200 is definitely not that car any longer.

Hi, Does anyone know those electricity socket at MSCP with round pin, can I change my polishing machine/extension wire to round pin, plug it into the MSCP socket and use? Will it burn the polishing machine or extension wire?

This woman: http://www.youtube.com/watch?v=e05BKmfKhTI

Hi there, Have not test driven one yet but thought the performance specification and price are quite ok. Japanese MPV are just too common on the road. Anyone driving this car presently? Wanted to know the car interm of: a) Space, luxury and comfort (compare with Grandis, Odyssey, Estima equivalent) b) Ease of maintenance and general reliability(Made in US means lousy QA)? c) Can last the next 10 years? d) Fuel frugal to drive around . If you have other information, please feel free to let me know. Thank you very much. Regards,

I have no idea what was wrong with Chrysler engineer, Martin Morse. We have yet to even see a few, if at all, of the 2013 Dodge SRT Viper on our shores or in other parts of the world. Yes, the car was launched just not so long ago, it's the latest Viper from the American automaker Dodge which means it's still a fresh model. Yet, Morse had already ruined one good example of the model. On 22nd April 2013, according to eyewitnesses, the car should have been going at a speed beyond 112km/h on US Highway 23. According to Michigan State Police, the temperature on that day was near-freezing and there was also light rain. The police believed that Morse must have flexed the snake's muscles too hard. Morse lost control of the car, slided across lanes and then hit a fence that separated the highway northbound and southbound lanes. Fortunately enough, the car was pretty low that it managed to get through the upper and middle cables. Unfortunately, being low as it was, the car couldn't get past the bottom cable. I believe that it must have been the bottomcable, a thick braided cord made of steel, that had caused Morse his death, as the cable cut through the car's cabin. Furthermore, it has been confirmed that there was no mechanical fault involved in the incident. So, it seems that Morse had pushed the throttle too much under wrong weather conditions.

Nobel prize winning author Ernest Hemingway's last car was a 1955 Chrysler New Yorker Convertible. Hemingway left the car on the island of Cuba before his suicide in 1961 and from then onwards, the vehicle has somehow disappeared from public view. Presumed to be lost, the car was found a couple of years back and now is the subject of an upcoming documentary about the car's history and ongoing restoration process. The New Yorker Convertible has been passed around between members of one family and there are plans to restore the car to its original condition. But, due to the United States trade embargo on Cuba, plans of restoring the car has come to a dead end. The United States trade embargo imposed on Cuba prohibits the trade of US made products to Cuba. The documentary follows actor David Soul as he tries to find a way around this embargo and get the car back on the road. David Soul is the actor who played the role of detective Kenneth Hutchinson in the television show Starsky and Hutch during the 1970s. After taking an interest in the restoration project, Soul's British passport enables him to supply the right car parts for the project and they hope that the car is able to be restored in time for the International Hemingway Colloquium which will be held in Havana in June 2013. A trailer for the documentary was released in December last year and you can catch it here at Red Earth Studio

Guys anyone here own Chrysler Grand Voyager? Any feedback on this car in reagrds to 1) Stability 2) Gadgets 3) Pickup 4) Comfort 5)Space As compared to Estima? I need to ferry 4 adults, and 2 kids + 1 Schnez (Dog) Thank you

Saw the Green Hornet trailer, the car driven by Kato looks pretty slick. Heard on radio that Jay Chou actually imported one back to Taiwan. Any idea what's the specs of the original car? Does it have a modern version?