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coad 
Samba Scapegoat
Joined: September 12, 2002
Posts: 7552
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 Posted: Thu Jul 17, 2014 6:02 am Post subject: VW+Fiat+Chrysler? |
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Talk of VW merging with Fiat, and since Fiat owns Chrysler, that would make one big happy family:
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A German magazine is reporting that the families that control Fiat and Volkswagen have discussed the possibility of the German automaker taking over the Italian company.
Shares of Fiat jumped while Volkswagen shares dropped on European markets in response to the report.
Officials at Fiat and from Exor, the investment firm representing the family that controls Fiat, denied that talks have taken place.
“Fiat states that they have not held discussions with Volkswagen regarding a potential merger,” the Italian automaker said in a statement.
Exor owns 30% of Fiat.
Volkswagen officials have not commented.
Auburn Hills-based Chrysler, owned by Fiat, would be a key component of the takeover as Volkswagen seeks to extend its reach in the U.S.
German magazine Manager Magazin reported that VW chairman Ferdinand Piech, part of the family that controls the German automaker, has held talks with members of the Angelli family, which controls Fiat.
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http://www.freep.com/article/20140717/BUSINESS0103/307170087/Fiat-Volkswagen-merger
Good idea or sign of the apocalypse? |
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KTPhil
Samba Member
Joined: April 06, 2006
Posts: 34021
Location: Conejo Valley, CA
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| Posted: Thu Jul 17, 2014 8:15 am Post subject: |
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Why would VW want MBZ's sloppy seconds?
Besides, Chrysler still claims to have invented the minivan. With brain damage like that, what good can come of it?
And Fiat? I shudder. |
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Jon Schmid
Samba Member
Joined: May 29, 2012
Posts: 2038
Location: Southern California
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| Posted: Thu Jul 17, 2014 8:45 am Post subject: VW+Fiat+Chrysler? |
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| Ferrari + Porsche. Now THAT'S a sign of the apocalypse. |
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Glenn
Mr. 010
Joined: December 25, 2001
Posts: 76939
Location: Sneaking up behind you
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| Posted: Thu Jul 17, 2014 8:52 am Post subject: |
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Unless VW starts making aircooled cars again... I really don't care what VW does.
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wcfvw69
Samba Purist
Joined: June 10, 2004
Posts: 13389
Location: Arizona
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| Posted: Thu Jul 17, 2014 11:33 am Post subject: |
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| Glenn wrote: |
| Unless VW starts making aircooled cars again... I really don't care what VW does. |
X100
VW and Audi constantly rate near the bottom of quality control and consumer happiness. Anyone I know that has a VW made in the past 10 years think their VW is a POS. A guy I work with bought a brand new, $80k Audi. It was in the shop at the dealer more than his driveway. He got rid of it within a year.
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abritinthebay
Samba Member
Joined: May 31, 2012
Posts: 294
Location: San Francisco, USA
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| Posted: Thu Jul 17, 2014 12:05 pm Post subject: |
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Only issue with modern VWs is the freaking electrics.
Other than that no person I know seems to dislike them. |
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KTPhil
Samba Member
Joined: April 06, 2006
Posts: 34021
Location: Conejo Valley, CA
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| Posted: Thu Jul 17, 2014 12:18 pm Post subject: |
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| abritinthebay wrote: |
Only issue with modern VWs is the freaking electrics.
Other than that no person I know seems to dislike them. |
"Modern"? They have had electrical gremlins since the '80s. Shame on Bosch, who is brilliant from an engineering perspective, but who has let quality slip steadily since the '70s. |
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EverettB
Administrator
Joined: April 11, 2000
Posts: 69827
Location: Phoenix Metro
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| Posted: Thu Jul 17, 2014 6:04 pm Post subject: |
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| KTPhil wrote: |
| abritinthebay wrote: |
Only issue with modern VWs is the freaking electrics.
Other than that no person I know seems to dislike them. |
"Modern"? They have had electrical gremlins since the '80s. Shame on Bosch, who is brilliant from an engineering perspective, but who has let quality slip steadily since the '70s. |
My 80s and early 90s GTIs and Jettas never has any electrical issues.
I have heard that a lot about modern VWs though.
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pb_foots
Samba Member
Joined: April 15, 2010
Posts: 1089
Location: Ben Lomond, CA
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| Posted: Thu Jul 17, 2014 7:51 pm Post subject: |
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True. My wife's 97 Cabrio had zero problems in 4 years, but the 2001 New beetle was horrible. All electrical issues, some pretty serious.
Took a bath on that car, but had to drop it when the warranty ran out.
I really like the Jetta Wagon, but I rad that they also have some electrical problems, so I'm staying away for now. |
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KTPhil
Samba Member
Joined: April 06, 2006
Posts: 34021
Location: Conejo Valley, CA
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| Posted: Thu Jul 17, 2014 8:08 pm Post subject: |
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A co=worker in the late '80s/early '90s had many problems with her Jetta... wouldn't start, headlights going out, total dead electrical. Two Jettas, actually.
My wife's Scirocco in the '90s was so bad she eventually parked it and called the junkyards to pick it up for free. Not worth the lost work and expenses when the dealer replaced crap that didn't fix anything. |
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wcfvw69
Samba Purist
Joined: June 10, 2004
Posts: 13389
Location: Arizona
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| Posted: Thu Jul 17, 2014 8:22 pm Post subject: |
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| KTPhil wrote: |
A co=worker in the late '80s/early '90s had many problems with her Jetta... wouldn't start, headlights going out, total dead electrical. Two Jettas, actually.
My wife's Scirocco in the '90s was so bad she eventually parked it and called the junkyards to pick it up for free. Not worth the lost work and expenses when the dealer replaced crap that didn't fix anything. |
Interesting, my GF's daughter screwed up and bought a 2003 Jetta. It's been in the shop CONSTANTLY. Mainly electrical issues as well. She's looking to dump it soon.
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Contact me at [email protected]
Follow me on instagram @sparxwerksllc
Decades of VW and VW parts restoration experience.
The Samba member since 2004.
**Now rebuilding throttle bodies for VW's and Porsche's**
**Restored German Bosch distributors for sale or I can restore yours**
**Restored German Pierburg fuel pumps for sale or I can restore yours**
**Restored Porsche fuel pumps or I can restore yours**
**Restored Porsche distributors or I can restore yours** |
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stale air
Samba Member
Joined: August 23, 2007
Posts: 5154
Location: Senoia Ga, formally NorCal
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| Posted: Thu Jul 17, 2014 8:55 pm Post subject: |
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Vw and Chrysler have already spent a little time in bed together.
The VW Routan, which is a Chrysler Town n Country with VW badging.
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kamzcab86
Samba Moderator
Joined: July 26, 2008
Posts: 7924
Location: Arizona
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| Posted: Thu Jul 17, 2014 11:14 pm Post subject: Re: VW+Fiat+Chrysler? |
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| Article Based on Rumor wrote: |
| Volkswagen officials have not commented. |
False:
| Daily Finance wrote: |
BERLIN and MILAN -- Fiat Chrysler has denied a magazine report saying it's in merger talks with Volkswagen, while the German carmaker said it had no takeovers on its agenda.
A VW spokesman said Europe's biggest carmaker was focused on delivering improvements at its existing operations.
"There are currently no [merger and acquisition] projects on the agenda," he said. "We are now focusing on boosting efficiency across the group."
Rather than talking about further expansion, top managers at VW -- concerned that profitability gains aren't keeping pace with the company's steadily growing size -- have been pushing a new efficiency program that includes 5 billion euros of cost cuts per year at the core passenger car brand.
Earlier this month, VW also denied a report it was planning a bid for U.S. truck maker Paccar next year. |
Taking over Fiat Chrysler... not a wise investment move.  The Volkswagen Group has more than enough brands under its roof.
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Harris
Samba Member
Joined: June 11, 2004
Posts: 1317
Location: Texas
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| Posted: Fri Jul 18, 2014 6:05 am Post subject: VW+Fiat+Chrysler |
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| KTPhil, Glenn and wcfvw69 summed it up nicely-Who cares? |
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coad
Samba Scapegoat
Joined: September 12, 2002
Posts: 7552
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| Posted: Fri Jul 18, 2014 6:15 am Post subject: |
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| I don't think it's likely either, but if you Google "VW Porsche Merger" you'll see they denied that was being discussed and said there was no truth to it right up to the day they announced it was a done deal. |
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shortride
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Towel Rail
Horizontally Opposed
Joined: April 15, 2005
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Location: SE CR IA US NA PE
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| Posted: Fri Jul 18, 2014 11:16 am Post subject: |
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Would have been interesting for VW and Fiat to merge when they were both selling air-cooled cars en masse. There could have been some neat cross-pollination.
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borninabus
Samba R&D Dept.
Joined: May 18, 2006
Posts: 4539
Location: Arizona Highways
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| Posted: Tue Jul 22, 2014 6:40 pm Post subject: |
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| abritinthebay wrote: |
| Only issue with modern VWs is the freaking electrics. |
i wouldn't call this a "modern" problem, nor is it limited to VWs.
auto electrics are one of those uniquely german paradoxes that work great on paper, but when put into practice...not so much.
electrics have always been and will continue to be the bane of the german car manufacturer 
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VOLKSWAGNUT
Fastest VW Belt Changer
Joined: October 14, 2007
Posts: 11056
Location: Flippin' a Belt........ .... Off-n-On ... NC USA
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| Posted: Wed Jul 23, 2014 10:22 am Post subject: Re: VW+Fiat+Chrysler? |
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| coad wrote: |
that would make one big happy family:
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Ha... no such thing...^
Every car manufacturer.,.. has problems.. no matter the brand.. or model
Im thankful for that..... 
VW started going down hill when they merged with Audi....
Of course.. .. the Audi's got better.. hmmm...
Think about it... 1964-65.. ish.. Vw after the merge.... big windows.. the 1967's and all the fat chicks that followed and that thinking oooozed over to every model....
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cseay1
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