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VW Might Buy Fiat Chrysler

(Credit: Fiat Chrysler Automobiles )

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VW Might Buy Fiat Chrysler

Fiat Chrysler is in bad financial shape. Volkswagen, thanks to Dieselgate, is too. Apparently, the most logical step is for VW to buy FCA, so they can be financial messes together.

Sergio Marchionne, FCA’s CEO who loves to shoot his mouth off, let a bomb drop at the Geneva show, telling reporters that Volkswagen was going to buy his company for financial protection. Mind you, VW hasn’t indicated it has any interest in FCA, and Marchionne has tried cornering other automakers, including GM, trying to get them interested.

Marchionne is serious this time, guys. He has a feeling – a feeling – that Volkswagen is going to chase him down and beg to buy FCA. Or something like that.

Really, the important takeaway here is Marchionne is still trying to find a buddy for FCA, instead of concentrating on making the company work all by itself. It is true that VW and FCA complement each other in a weird sort of way. One makes a lot of cars and not many SUVs, while the other makes a lot of SUVs and trucks, but not many cars.

If Volkswagen gets away, maybe Honda could be next for Marchionne’s fantasy merger.

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Steven has been writing about cars and other transportation issues worldwide for over ten years. His love for cars started long before he can remember, with Corvettes and 911s being his first car-crushes. Since then, he has owned many types of vehicles and has come to appreciate a wide variety of models, the diverse car culture groups, and the automotive industry in general.

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