Ford Mustang Will Need To Be Cautious Of A FCA-GM Merger
Sergio Marchionne, FCA’s CEO, revealed to Automotive News that there is still hope that he could reach out to GM for a merger, once again.
Marchionne isn’t one to keep his merger dreams a secret and he stands firm with his belief that mergers within the industry could drastically bring down costs of producing cleaner and more technologically advanced models.
However, it looks like not everyone shares the CEO’s beliefs as GM has turned down his offer a couple of times already.
Speaking during the Geneva Auto Show, Marchionne disclosed that he “never close any doors” and he may “shamelessly try knocking on the GM door again, or any door, if I [he] thought it was a good thing to do for the business, without even blinking, I [he] could.”
Marchionne added that the PSA-Opel collaboration would reduce potential synergies FCA could garner from a merger with GM by about 15 percent, but stressed that the deal is still worth it.
FCA-GM collaboration may not be good news for everyone though; If this ever materializes, the Mustang will need to be on its toes as the Camaro and Challenger could work together to topple the long-time leader.