To say that there was some speculation surrounding Volkswagen CEO Matthias Müller’s response to a potential partnership with Fiat Chrysler Automotive would be a severe understatement.
Müller said there had been no contact between he and FCA CEO Sergio Marchionne, but he’d not ruled anything out. He seemed to have an indifference about the subject, which left plenty of room to let minds wander.
According to Automotive News’ Larry P. Vellequette, that’s not the whole story.
(Update: A previous version of this story stated that the Honda Odyssey was the top-selling minivan in the U.S. in 2016. The number one spot actually goes to the Toyota Sienna.)
After being granted a stay of execution, the Dodge Grand Caravan’s hazy, undefined lifespan remains a controversial topic in Auburn Hills.
The Moses of minivans continues to trundle off Fiat Chrysler Automobiles’ Windsor, Ontario assembly line, alongside its far-more-advanced Chrysler Pacifica stablemate. Compared to the tech-laden Pacifica, the venerable Grand Caravan offers an acceptable level of content at a lower price point, and its reprieve was in keeping with FCA’s tendency to keep money-making models around for extended periods of time. Together, the two models span the segment’s price range.
The unavoidable question for FCA is: how long can the Grand Caravan stay in the lineup? (Read More…)
Once the merger he plans for Fiat and Chrysler goes through, Sergio Marchionne says that Fiat-Chrysler could be registered as a corporation in the Netherlands, not Italy or the United States. Marchionne wants to have the combined company’s primary stock listing on the New York Stock Exchange and rules for corporate governance in the Netherlands are similar to those in the States.
Every time Sergio Marchionne makes the headlines, I half expect him to announce that he is not merely a mild-mannered accountant with a fondness for frump, but a mighty superhero, born to rescue failing automakers and the American and Italian ways of life. Having scored a sizable stake a bankruptcy-rinsed Chrysler for no money down, Marchionne has been ruling his Italian and American empires with resolute authority… and 50 direct reports. But Automotive News [sub] isn’t reporting that Marchionne spends his spare time in tights and a cape fighting Russian bandits and Italian labor unions… the word is that Sergio Marchionne is ready to delegate some authority. According to AN’s sources, Marchionne’s plans includes three basic planks:
- Create four regions — Europe, North America, Latin America and Asia-Pacific — each with a regional boss.
- Require brand bosses, who are powerful in the current organization, to work closely with the new regional bosses.
- Establish a new layer of management, tentatively dubbed the steering committee, that would help run Fiat and Chrysler.
But is this new structure really going to end what AN terms “the one-man Sergio show,” a routine of 18-hour days and “catching catnaps on the plane as he flies constantly between Turin and Detroit”? Will it really “help overworked Chrysler executives catch their breath and adopt a saner work rhythm,” as AN puts it? That question remains to be answered…