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ahmed
Has been rumored merger with Fiat Group, owner of PSA Peugeot Citroen and traded in the global car market for many years, however, that Sergio Marchionne, CEO of both Fiat and Chrysler recently denied the speculation in an interview on the sidelines of the Detroit International Auto Show.
But a newspaper report said the credibility of this new speculation, especially after Marchionne's comments Automotive News that he will be looking at the issue of integration, adding that Europe needs a car manufacturer to fight giant Volkswagen.
Which holds about 23.3% of the total European sales and immediately suspended after the group PSA in the next day via Tdtha Ferrerak St. Giors they are completely open to the idea of integration but only to find the right partner.
On the other hand, many experts reject this merger stressing that it would lead to the consequences of the political and social level is to reduce the size of employment and the trend to close some factories.
Regardless of whether the Fiat and PSA will sign an alliance or not, experts say both need to increase spending on research and development if they desire to catch up Pfolex VW on top of the competition.
Which holds about 23.3% of the total European sales and immediately suspended after the group PSA in the next day via Tdtha Ferrerak St. Giors they are completely open to the idea of integration but only to find the right partner.
On the other hand, many experts reject this merger stressing that it would lead to the consequences of the political and social level is to reduce the size of employment and the trend to close some factories.
Regardless of whether the Fiat and PSA will sign an alliance or not, experts say both need to increase spending on research and development if they desire to catch up Pfolex VW on top of the competition.
Posted in: Auto News
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