The ownership structure of FCA means no sale unless John Elkann wants to so I don't know how media with a brain can cook up such stupid theory.
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Manley named CEO....
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TripleT
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in my experience everything is on sale or looking to buy.
After looking at the preliminary data today on CNBC with the stock off 8.8% and net revenues down about 25 % off last year,
maybe it is all good Mike Manley has stepped in.
Right now I think that FCA is his Oyster......
maybe it is all good Mike Manley has stepped in.
Right now I think that FCA is his Oyster......
Muther
Active member
The history and future of the Agnelli family, and Nohn Elkan, are closely intertwined with Fiat, and all of its related companies, and with Italy itself.
Italian national pride is on the line any time the sale or merger of Fiat and its relative companies is talked about. Any such merger HAS to be upwardly mobile and beneficial to Fiat et al. Fiat cannot be seen as being sold, sold out, or subservient in any way.
If that were to happen, John Elkan and the Agnellis would have to leave Europe. Sort of like whomever screws up Jeep Wrnagler would not be safe in America.
Right now, Fiat HAS to have Jeep, Ram, Dodge, and Chrysler to stay alive. So those companies won’t be going anywhere.
Look at any possible mergers through that lens. It makes things a lot more clear, and it rules out most mergers.
Italian national pride is on the line any time the sale or merger of Fiat and its relative companies is talked about. Any such merger HAS to be upwardly mobile and beneficial to Fiat et al. Fiat cannot be seen as being sold, sold out, or subservient in any way.
If that were to happen, John Elkan and the Agnellis would have to leave Europe. Sort of like whomever screws up Jeep Wrnagler would not be safe in America.
Right now, Fiat HAS to have Jeep, Ram, Dodge, and Chrysler to stay alive. So those companies won’t be going anywhere.
Look at any possible mergers through that lens. It makes things a lot more clear, and it rules out most mergers.
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It seems that Pietro Gorlier will replace Altavilla.
https://www.firstonline.info/fca-go...illa-caccia-al-manager-da-45-milioni-di-auto/