#GIMS2017: Volkswagen Tells Fiat To Take A Hike After Merger Suggestion

Volkswagen Group is not open to merger talks with Italian rival Fiat Chrysler, CEO Matthias Mueller said on Wednesday, rebuffing comments from FCA CEO Sergio Marchionne.

"We are not ready for talks about anything," he told Reuters on the fringes of the Geneva auto show. "I haven't seen Marchionne for months."

"We have other problems," Mueller said.

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TheSteve - 3/8/2017 1:33:39 PM

+2 Boost

Volkswagen, recently named the best selling automobile in the world, and Fiat, currently part of Chrysler/Fiat, recently recognized by several different publications as the "worst" car (least reliable, most defects, least desirable, etc.)

I'm challenged in trying to imagine why anyone would want any part of Chrysler/Fiat. Even consumers.

MDarringer - 3/8/2017 7:01:19 PM

0 Boost

Jeep and Ram are the jewels and they will be sold off with Chrysler and Dodge.

FCA is NOT one company, but a company that owns two separate, but smaller companies under it. The American arm of FCA and the Italian arm are legally separate entities.

Thus, with the cash rape of Chrysler complete, Sergio will sell Jeep, Ram, Dodge, and Chrysler. The new owner will kill Chrysler and Dodge.