Sources Reveal That FCA Wanted To Buy Closed GM Plant But Could Not Strike A Deal

Sources Reveal That FCA Wanted To Buy Closed GM Plant But Could Not Strike A Deal

No one knows what the future of General Motors’ Detroit-Hamtramck assembly plant holds, or if it even has a future after Chevrolet Impala and Cadillac CT6 production dries up in January 2020. In an alternate future, however, the plant would have swapped out the sign out front, replacing the GM logo with a Fiat Chrysler one.

According to sources with insider knowledge, the two automakers met to discuss just such an ownership change.
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ricks0mericks0me - 4/1/2019 4:50:30 PM
-1 Boost
GM did not need the money !!!


PUGPROUDPUGPROUD - 4/1/2019 6:26:01 PM
0 Boost
And FCA offered $120 million out of cash flow....$1.00 a year for 120 million years.


MDarringerMDarringer - 4/1/2019 6:47:26 PM
-3 Boost
With FCA starved for product, they need to work on replenishing the Grand Cherokee, Durango, Journey, Challenger, and Charger much more than buying a plant and excreting redundant Jeep models.


mre30mre30 - 4/2/2019 7:03:07 AM
+1 Boost
Way past time for Autospies to invest in updating the site security and back-end!


MDarringerMDarringer - 4/2/2019 8:27:58 AM
+1 Boost
How about the agents taking turns reading the posts and deleting the spam at least?


skytopskytop - 4/2/2019 11:39:12 AM
+1 Boost
The GM union management refused to include the gold plated toilets in the deal.


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