Category: Consolidation

By on October 21, 2015


General Motors is getting pickier about where it does business and the products it sells. Could that also translate to where it will build its products in the future?

In a recent piece from Automotive News’ Mike Colias, the trade publication paints a bleak picture for one of General Motors’ longest running nameplates. The subject was Impala and the question was whether the car named after an African antelope, while well received by the automotive press, could survive the guillotine in a market that increasingly prefers crossovers and SUVs over sedans.

“We have a broad portfolio. But how are we going to look at what are the right vehicles to put in the marketplace? We’ll look at what makes sense and what will generate a return,” General Motors CEO Mary Barra told Automotive News earlier this month.

Naturally, Colias brought up Impala, and the reply stopped short of commitment to the car and the segment.

Read More >

By on September 6, 2015

Sergio Marchionne - FCA

Speaking at the Formula One Italian Grand Prix this weekend, Fiat Chrysler Automobiles CEO Sergio Marchionne told Reuters that a merger with General Motors was at the top of his list.

“That discussion remains a high priority for FCA,” Marchionne told Reuters. “We consider it to be the best possible strategic alternative for us and for them. General Motors does remain the ideal partner for us and we represent a not easily replaceable alternative for them.”

(Emphasis mine. But what are the other “strategic alternatives?”)

Read More >

By on August 31, 2015

magnastronach Picture courtesy

On Monday, Magna International completed its sale of its interior business to Grupo Antolin, a Spanish firm that’s relatively unknown outside of Spain.

That’s on top of Johnson Control International getting out of the interior business, along with other automakers and suppliers, as John McElroy pointed out in a well-written column for Autoblog.

Magna’s sale underscores the fact that the car-making business — and especially their interiors — isn’t exactly lucrative for most suppliers.

Read More >

By on August 30, 2015

Sergio and 1.4L Turbo MultiAir in better times at Dundee. Chrysler Photo

We have to hand it to Larry P. Vellequette at Automotive News for getting FCA’s Don Marchionne riled up. In addition to getting Sergio talking yesterday about automakers having a history of bending the unions over, the outspoken executive has now called for a General Motors takeover via a series of hugs increasing in their intensity each time.

“There are varying degrees of hugs. I can hug you nicely, I can hug you tightly, I can hug you like a bear, I can really hug you,” said Marchionne to Vellequette. “Everything starts with physical contact. Then it can degrade, but it starts with physical contact.”

And no, that’s not even the best part.

Read More >

By on August 5, 2015

Bob Lutz  Picture courtesy

My goodness, when isn’t former General Motors exec Bob Lutz just the best? The former GM chief recently appeared on an Automotive News panel and boy that guy has vision and the rest of us have bifocals.

Car and Driver correctly points out that Lutz makes good points regarding a merger between GM and Chrysler, but the sage’s wisdom doesn’t stop at the following quote:

“The knowledge that one is to be hanged in the morning focuses the mind wonderfully.”

Read More >

By on August 1, 2015

Spyker C12 Zagato (courtesy

Spyker — the former Saab owner, F1 contender, and builder of aircraft-inspired supercars — has emerged from moratorium and plans to merge with Portland, Oregon electric aircraft manufacturer Volta Volare, said the company in a release on Thursday.

As part of Spyker’s future plans, electrification seems to be the common theme, whether it be for airplanes or automobiles. Now silver-tongued Skyper CEO, Victor Muller, only needs to find an electric train company to complete the set for a modern movie remake.

Read More >

By on July 28, 2015

General Motors will invest $5 billion to build a global line of cars with Shanghai-based SAIC Motors that will be sold in Brazil, China and other emerging markets, the automaker announced Tuesday.

The cars won’t be sold in the United States, according to the statement.

The global vehicles will go on sale starting in 2019 and the automaker expects the line to eventually produce roughly 2 million cars annually.

Read More >

By on July 17, 2015


Supplier and sometimes-assembler Magna International will buy German transmission-maker Getrag for roughly $1.9 billion, the Detroit News is reporting.

The deal would firmly plant Canadian-based Magna International as the world’s second-largest parts supplier behind Robert Bosch GmbH and ahead of ZF, which recently purchased TRW Automotive for $12.4 billion earlier this year.

“The trend among the suppliers is that we now have to be bigger as the auto makers go to us to do more for them,” Magna Chief Executive Don Walker told the Wall Street Journal on Thursday.

Read More >

By on July 11, 2015


Speaking to reporters in Toronto on Friday, Fiat Chrysler Automobile chief Sergio Marchionne said the official filing to spin off Ferrari could happen within the next few days.

“We are days away from filing the prospectus,” Marchionne said, according to the Detroit News.

The future standalone supercar maker will make available 10 percent of the company through its initial public offering, which is widely expected in October. The remainder of the company will be held by Fiat investors and Enzo Ferrari’s son, Piero Lardi Ferrari, who is vice chairman of the company.

Read More >

By on July 1, 2015

2015 Jeep Renegade

More and more automakers are looking at exotic locales to produce their wares (us Canadians can consider Mexico exotic thanks to its ice-free beaches) as they expand their brands and explore in-roads to untapped markets.

For Jeep, that means investing in a shared money-printing press with an unlikely partner: Tata, the parent company of Land Rover. FCA will put $280 million USD into joint venture Fiat India Automobiles Private Limited which, since 2007, has solely produced Fiat models.

Read More >

Recent Comments

New Car Research

Get a Free Dealer Quote


  • Contributing Writers

  • Jack Baruth, United States
  • Bark M., United States
  • Chris Tonn, United States
  • Doug DeMuro, United States
  • Steven Lang, United States
  • Brendan McAleer, Canada
  • Vojta Dobes, Czech Republic
  • Matthias Gasnier, Australia
  • W. Christian 'Mental' Ward, United States
  • Cameron Aubernon, United States