Twice in just 14 days of the Fiat-Chrysler group (FCA) surprised the auto world. Only with the surprise marriage proposal at Renault – FCA proposed a merger, and the French sent positive signals. This elephant wedding is one of the largest car companies in the world would have gone out. But now, the completely unexpected and surprising withdrawal of this proposal followed in the night on Thursday.
Why is off the planned merger already?
had Apparently adopted Renault’s Alliance partner Nissan in the case of a merger with FCA out of the Alliance. This is to prevent the French state holds 15 percent of Renault, necessarily. This is why the French wanted to resume the merger talks with the FCA rather slow. Too slow from the point of view of the impatient Italian-Americans, which wanted to bring the merger as quickly as possible.
but Why this haste?
Because the FCA group in the water is probably up to your neck – especially in the new technologies. FCA writes to gains, but these are on the decline, and the mountain of debt is hardly small. Therefore, money for urgently needed investments in the electric mobility or Autonomous cars are missing. In both areas, the FCA is far. However, without E-cars, the new CO2 emission limits of 95 g are not create from next year. Therefore group buses in the billions – and other debts threaten the FCA.
Reportedly wants to buy FCA, therefore, the emissions-free Tesla-models-free by the U.S. Stromer part of the FCA-would fleet to press so the average CO2-emissions. Now the question arises: Is this Deal with Tesla in danger and forced the FCA, therefore, the merger with Renault so strong?
Who is Next?
Presumably the FCA will go in again soon to a wedding and the next group a request to make. Possible candidates Hyundai-Kia, Jaguar Land Rover, Toyota, or the second French car group PSA (Peugeot, Citroën, DS, Opel) are.