(BFW) Fiat/GM Powertrain Deal Would Be Better Than Merger: Barclays


Fiat/GM Powertrain Deal Would Be Better Than Merger: Barclays
2015-06-22 09:07:00.563 GMT


By Brian Lysaght
(Bloomberg) -- Combining Fiat Chrysler and GM engine and
transmission operations would create a company worth $40b,
unlock value and carry less execution risk than full merger,
says Barclays in note.

* Fiat-GM powertrain would offer scale advantages on capital
investments required to meet tougher fuel economy rules of
2020-25
* Auto industry needs to move to a tech-like supply chain:
Barclays
* NOTE June 9: Barra Says GM Board Vetted, Passed on
Marchionne Merger Call Link
*
* GM and Fiat ended a previous engines/vehicle development
venture in 2005 Link

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To contact the editor responsible for this story:
Brian Lysaght at +44-20-3525-7908 or
blysaght@bloomberg.net