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FIAT Chrysler Q1 2020 Earnings to be released today (May 5th) and Earnings call

Bili

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@AlexB

Can Exor start to pour their own money into FCA? Actually if they do the better timing after the merger so that they can rise they stake in the NewCo.
 

Bili

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Agreed, originally I was hoping for a 2021 launch date. They gotta get this thing out ASAP.

2021 is... Let's say they can not make it as modern as they can in 2022 when P2 MHEV(mild hybrid) ZF 8HP 4th generation will be available. That's much better than current BSG mild hybrid system.

There is more info on the upcoming ZF 8HP than in the past.
MHEV up to 34kW at 52V. IMO that's a lot.
Electrified versions are called 8HP60MH MHEV, 8HP80MH MHEV and 8HP80PH PHEV.
 

Jared B

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2021 is... Let's say they can not make it as modern as they can in 2022 when P2 MHEV(mild hybrid) ZF 8HP 4th generation will be available. That's much better than current BSG mild hybrid system.

There is more info on the upcoming ZF 8HP than in the past.
MHEV up to 34kW at 52V. IMO that's a lot.
Electrified versions are called 8HP60MH MHEV, 8HP80MH MHEV and 8HP80PH PHEV.

When they announced the transmissions 2022 made sense so I'm ok with that. I just meant originally, years ago when I first heard about it I was hoping for 2021 at the latest. The current eTorque system is.... well let's just call it a bandaid at best. I still haven't driven a 5.7 with the BSG, but I was impressed with the smoothing out of the stop-start system on the V6 Ram tester I had, other than that the eTorque system itself was rather unremarkable.
 

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https://seekingalpha.com/article/43...-results-earnings-call-transcript?part=single

CapEx was €1 billion higher than prior year and in line with our expectations as we invested in a number of key products for Jeep and Maserati.

However, during the period where all plants are shut down, our personnel costs have come down by approximately 50%. We expect to reduce CapEx spending for 2020 by approximately €1 billion. And while no vehicle programs have been canceled to-date, some have been retimed by up to three months.

Now, in addition to that, based on the collective efforts of our teams, we expect to eliminate in excess of €2 billion of operating costs for the full year from other actions that we’ve taken.
 

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So what products have been significant delayed? Because Manley's goal is €1 billion euros less than 2019 on product but FCA has already spent €1 billion euro more than 2019 base on Q1 results. So the cut is more like €2 billion for the other 9 months of 2020.....that's more than GWAG/Wag/GC/GC 3 Row being delayed by 3-6 months.
Thank you again for the time you took to put this in front of people.

What i have picked up so far here in Europe, assembly plants will turn out small numbers to start with, concentrate on models with high margins.
High margins, high margins.
Tom, Dick and Harry will be without a job and have no money to buy new.
Be flexible.
 

Bili

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Some people on the other forum think that GM was the finest.

BTW. Do you think that Exor may pour money into FCA or into a NewCo.
 

AlexB

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Some people on the other forum think that GM was the finest.

BTW. Do you think that Exor may pour money into FCA or into a NewCo.
I think those folks together with many in the media don't actual read the actual Q1 report itself, only GM's press release about the report..
Yes money gets put end, but only if a bounce back in North America for Q3 doesn't happen. I think EXOR instead of the nearly $6 billion divided (key part of the deal)will take more equity meaning the deal is no longer 50%-50% (58% FCA-42% PSA).
 

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Key part of GM's Call was the CFO stating at the end of March GM's net ARP (Nets Accounts Receivable Purchase) was $13 billion with $10 billion'' flexes to production'' ''unwinds'' within 30 days.

Think money owed to suppliers.....That's $10 BILLION IN CASH BURN IN April.....
 

AlexB

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One big key to FCA-PSA merger that is under the nose is when GM PAID PSA to takeover Opel, GM earned stock warrants in PSA so GM could be a shareholder of FCA-PSA.
Oh, Mary once again hinted at exiting South America calling GM's performance in the region ''Completely Un-Acceptable''.
Even though FCA has a different vehicle mix in Latin America (LCV's and Jeep's),GM leaving continent would make FCA the dominating player on that continent.
 
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