No, neither Volkswagen or Fiat-Chrysler Autos have much to do with General Motors, but this news comes after FCA CEO Sergio Marchionne attempted to swoon GM on a few occasions.
GM didn’t answer, but Volkswagen may answer the call.
News broke yesterday that Volkswagen CEO Matthias Mueller is “not ruling out a conversation” regarding a potential FCA and VW merger, but sources close to our sister publication Fiat-Chrysler Authority state the deal may be further along than once thought.
Volkswagen officials have reportedly been in and out of Auburn Hills, Michigan, to dig into FCA’s books, according to the sources. VW’s change of heart may be due to GM’s sale of Opel and Vauxhall to PSA Groupe, which makes the French automaker the second largest conglomerate in Europe, right behind Volkswagen. Previously, the Germany automaker stated it had larger issues at hand then to discuss a merger with FCA, referencing the fallout from the automaker’s dieselgate scandal.
Marchionne believes PSA’s acquisition of both Opel and Vauxhall will inspire Volkswagen to discuss a merger with FCA to further cement itself as the largest automaker.
The news is certainly in its infancy. Despite Volkswagen potentially visiting Auburn Hills, Mueller was quoted as saying it “would be very helpful if Mr. Marchionne were to communicate his considerations to me too and not just to (the media).”
Could a VW-FCA be in our future? Time will tell.