Once More: Marchionne Wants to Merge with Peugeot and Opel, Outgun VW in Europe

<a href="http://carscoop.blogspot.com/2012/10/once-more-marchionne-wants-to-merge.html"><img alt="" border="0" src="http://2.bp.blogspot.com/-XWlFfMSc2_U/UJBceWKag5I/AAAAAAAJzxI/6tBZNDb9VAo/s1600/Fiat-500L-0.jpg" style="border-bottom: 8px solid rgb(224, 224, 224); cursor: hand; cursor: pointer; display: block; height: 349px; margin: 0px auto 10px; text-align: center; width: 645px;" /></a><br /><span style="font-family: Verdana;">All mainstream European carmakers are, to a higher or lower degree, facing problems due to the debt crisis that’s storming the continent. </span> <br /><span style="font-family: Verdana;">Ford has started </span><a href="http://carscoop.blogspot.com/2012/10/ford-european-restructuring-plan-leads.html"><span style="font-family: Verdana;">closing down plants</span></a><span style="font-family: Verdana;">, Opel and Peugeot are burning cash each day for the past eight months while they </span><a href="http://carscoop.blogspot.com/2012/10/gm-and-psa-peugeot-citroen-reportedly.html"><span style="font-family: Verdana;">try to figure out</span></a><span style="font-family: Verdana;"> how to work on their partnership and, as for Fiat… well, thank God that Chrysler is profitable.</span> <br /><span style="font-family: Verdana;">The sole survivor in this mess seems to be the VW Group that’s still very profitable, much to the annoyance of its rivals and especially Marchionne who </span><a href="http://carscoop.blogspot.com/2012/07/volkswagen-wants-fiat-chrysler-ceo.html"><span style="font-family: Verdana;">accused Wolfsburg</span></a><span style="font-family: Verdana;"> of not playing by the book. However, even the mighty VW has been forced to trim its estimates, as the crisis begins to knock on Germany’s door.</span> <br /><br /><a href="http://carscoop.blogspot.com/2012/10/once-more-marchionne-wants-to-merge.html#more">Read more »</a>

Citoen Fiat GM Opel Peugeot Reports Once More: Marchionne Wants to Merge with Peugeot and Opel, Outgun VW in Europe

All mainstream European carmakers are, to a higher or lower degree, facing problems due to the debt crisis that’s storming the continent. F...

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GM May be Forced to Write Down PSA Peugeot Citroen Investment, but will Hold on to the Alliance

<a href="http://carscoop.blogspot.com/2012/08/gm-may-be-forced-to-write-down-psa.html"><img alt="" border="0" id="BLOGGER_PHOTO_ID_5773626768242645346" src="http://1.bp.blogspot.com/-bBz2vW60j4M/UCAK9KrKGWI/AAAAAAAIebg/ONIkz5YGyh0/s800/PSA-Plant-0.jpg" style="display:block; margin:0px auto 10px; text-align:center;cursor:pointer; cursor:hand;width: 645px; height: 349px;"></a><br><span style="font-family:Verdana;">Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one spot in world car sales, General Motors </span><a href="http://carscoop.blogspot.com/2012/02/gm-and-psa-peugeot-citroen-officially.html"><span style="font-family:Verdana;">formed an alliance</span></a><span style="font-family:Verdana;"> with PSA Peugeot Citroen last March.</span> <p><span style="font-family:Verdana;">On paper, it was a win-win situation since </span><a href="http://carscoop.blogspot.com/search/label/Opel/"><span style="font-family:Verdana;">Opel/Vauxhall</span></a><span style="font-family:Verdana;"> and the two French carmakers would share development and parts purchasing costs and make the best of their plants’ capacity. For both groups it was probably the only way to stop bleeding money in the declining European market.</span> </p><a href="http://carscoop.blogspot.com/2012/08/gm-may-be-forced-to-write-down-psa.html#more">Read more »</a>

Citoen GM Peugeot Reports GM May be Forced to Write Down PSA Peugeot Citroen Investment, but will Hold on to the Alliance

Looking for a way to fix its ailing European operations, which was the only ointment in its crown in 2011 when it regained the number one sp...

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