Mergers

While coverage of high finance isn’t generally a top priority of this site – we know most of you lot would rather read about Murilee’s latest Junkyard Find and, to be honest, so would I – any deal involving a pair of major fuel station brands is worth more than a passing mention.

Goodyear Tire & Rubber Company has announced that they are acquiring Cooper Tire & Rubber Company, strengthening their position in the market, and expanding the number of brands where the rubber meets the road.

Stellantis, the merger between Peugeot and Fiat Chrysler Automobiles, became effective on Saturday, January 16th. The world’s fourth-largest carmaker has emerged, a surprise to no one.

Carlos Ghosn, Renault-Nissan’s former head honcho, will be questioned by investigators in Beirut next month, according to a report from Reuters that appeared in Autoblog. This time it’s not the Japanese applying the pressure, it’s the French.

Mike Manley will head Americas operations for Stellantis, as FCA chairman John Elkann said in a letter to employees today.