The Volkswagen Group is facing the next big coup. On major shareholder level talks on a takeover by Fiat are already taking place. In an integration of Chrysler, Volkswagen sees a possible solution for their own U.S. problems.
Hamburg - The Volkswagen Group explores the chances of a takeover or partial takeover of the Italian-American competitors Fiat Chrysler. Volkswagen's major shareholders, Ferdinand Piëch, the families Elkann and Fiat Agnelli as principal owner and their negotiators had already led to various discussions, the manager magazine reported in its latest cover story (Release Date: Friday, July 18).
had repeatedly signaled interest in the Fiat-Alfa Romeo and Ferrari. Meanwhile, it is in the talks for information of manager magazin but especially to Chrysler.
Fiat Chrysler had completely taken over in January. Volkswagen has big problems , VW models to successfully market in the USA. The group's top hope for from a Chrysler takeover a solution of VW's problems in North America. So much to gain, among other things, of Chrysler's close-meshed network of dealers as well as the successful SUVs and pick-ups of Americans VW.
Chrysler had completely taken over in January. Volkswagen has big problems , VW models to successfully market in the USA. The group's top hope for from a Chrysler takeover a solution of VW's problems in North America. So much to gain, among other things, of Chrysler's close-meshed network of dealers as well as the successful SUVs and pick-ups of Americans VW.
However, an agreement still stood against various obstacles, says group circles.Thus, the price expectations have been even much apart, and Fiat CEO Sergio Marchionne pursuing parallel other strategic options. In addition, the Volkswagen-tip after considering the purchases of Scania and MAN medium term acquisitions of other truck manufacturers. Everything, however, was hardly the same time affordable, top managers report.
and MAN medium term acquisitions of other truck manufacturers. Everything, however, was hardly the same time affordable, top managers report.