March 22, 2020

Volkswagen boss interested in looking at FCA merger

Volkswagen boss interested in looking at FCA merger

Matthias Mueller happy to talk turkey with FCA boss…

The German car giants, Volkswagen, have bounced back successfully from the diesel emissions dramas and now they’re in the mood to expand.

As we reported on the weekend, Volkswagen has signed a letter of agreement to work with the Indian car giants – Tata Motors, now the Volkswagen boss, Matthias Mueller, says he’s keen to look at other possible tie-ups.

The Italian/American car manufacturer Fiat Chrysler Automobiles (FCA) has been keen to also look at options and opportunities with other car makers and Mr. Mueller was asked about whether there was any talk between the rival camps.

Car industry mergers are on the agenda after the PSA/Opel deal.

Addressing media at a press conference in Germany, Mr. Mueller said there was no contact between himself and the FCA boss, Sergio Marchionne, at this point.

But, after being asked about whether there would be a conversation, the VW boss said he was not ruling anything out.

And he wasn’t afraid to criticise Mr. Marchionne for his public support of possible deals/mergers.

“It would be very helpful if he were to communicate his considerations to me.” Mr Mueller told journalists.

We will continue to bring you more details on this as they come to hand.

About Joel Helmes 3206 Articles
Joel is the founder and CEO of Behind the Wheel. Joel has a background as a radio broadcaster with on-air roles at 4BC, 4KQ, 2KY, 2LT and 2UE amongst others, as well as a news editor and program director.Joel’s relationship with cars stems back to his early childhood learning to change oil and brakes with his father and uncle. This continued on into his driving years owning an assorted collection of cars.

Be the first to comment

Leave a Reply

Your email address will not be published.