Volkswagen wants Fiat Chrysler to take over [updated]

Posted on 17-07-2014 at 12:17 by JordyS – 78 Comments”

Volkswagen AG has once again suffered from a considerable uitbreidingsdrift. The group now focuses his sights on Fiat Chrysler and hopes, as well as the United States to conquer.

VAG already has a large number of brands under his care, including Volkswagen, Audi, Porsche and Lamborghini. The Germans, however, find it pretty painful that it can’t seem to set foot on the ground to get to the other side of the Atlantic Ocean. The intended acquisition of Fiat Chrysler does not fall from the sky. Volkswagen has flirted in the past, for example, already explicitly with Alfa-Romeo, owned by Fiat.

According to sources from the usually well informed Manager Magazin negotiate with the owners of Volkswagen all with the families Elkann and Agnelli. They have the strings in hands at the Italian-American group and would like to want to fully focus on Ferrari. The would them so not bad come out to the rest of the brands in their portfolio to divest.

It would be Volkswagen AG not even so much to go to the European or American brands. They want to take advantage of the huge dealer network of Chrysler in the United States, as they are simply easier to find by the average American. So far, despite the plans of VAG yet, not. The difference between the offer of the Germans and the asking price for Fiat Chrysler would still be considerable, while Fiat CEO Sergio Marchionne blufpoker plays by other possibilities.

Update – 18.17: Fiat Chrysler Automobiles has just released a short and clear press release issued, which the let know no talks with Volkswagen: “Fiat states that they have not hero discussions with Volkswagen regarding a potential merger.”