Saying that they won't survive beyond 2025 is not exactly going out on a limb. Marchione has been saying for awhile now that industry consolidation will occur + he is not the only one saying this. Once oil goes back up all 3 US manufacturers will be hurting as big profits are generated by trucks and suv's. For us in the States we have not had Alfa since 95, Fiat since 85...everything that we are seeing today for me is just heaven. I can finally go to my local Alfa Romeo/Fiat dealer and buy brandy new again + there should be enough product over the next few yrs to keep me quite content. Dealer experience is definitely lacking but where else can u walk out onto the service bay floor to talk to your mechanic one on one, I know not important to most and definitely not a selling point when competing against BMW,Benz and Audi. Mercedes took over Chrysler for their pension cash and totally F'd them over, the fed bailed out Chrysler after this and it was perfect timing to get Fiat and Alfa back into the states with somewhat of a dealer network in place. As far as I'm concerned Japanese 4x4's cannot compete with Jeep and if u want to move up to large luxury with Infiniti or Lexus well then I'll just go full size Cadillac. Throw in an FCA Hellcat and there is plenty of product offered that will keep me very amused for the foreseeable future.
The Koreans haven't only hurt Fiat, they've hurt all European brands, pushing them to make better cars and pushing them upscale. VAG, one of the worlds powerhouses, can barely shift 60k units per year in the U.S, merely half of what Kia-Hyundai do, let alone the Japanese 4. Consolidation is a must, Renault-Nissan is an example, PSA, FCA and there will be other mergers.
Now Mitsubishi is part of the Renault-Nissan alliance too. PSA has swallowed Opel (GM Europe) and are partner with Dofeng in China. FCA is not attractive for a take over, and has no penetration on the Chinese market. VW and Mercedes are big and diversified enough to survive alone, but BMW is vulnerable to predators, and some Chinese company could make a bit on the stock market. On their way to become the Number One Superpower, the Chinese will take over some of Europe's car industry before long. They use a different strategy than the Japanese to capture markets: they don't try to impose their brands, they prefer to acquire existing profitable companies.
April 2017 Fiat Chrysler Automobiles Sales in Europe FCA performed better than the European industry average once again in April. Industry sales were down 6.8% year-over-year, reflecting the number of public holidays falling during the month, while FCA posted a decrease of just 0.5% year-over-year. Group market share was up 50 basis points to 7.3%, making FCA fourth overall in the European sales rankings. The Alfa Romeo brand posted a particularly strong month with April sales up 52.2%, driven by the Giulia and Stelvio (already segment leader in Italy). The Fiat Panda and Fiat 500 continued to dominate the A segment with a combined 29.4% share. The Fiat 500L led its segment – with a 28.5% share – and the Fiat 500X and Jeep Renegade also ranked among the best-selling models in their respective segments. With another strong monthly performance, the Fiat Tipo also continued to climb the rankings in its segment. In April, passenger car sales in Europe (EU28+EFTA) totaled just over 1,230,000 units, representing a 6.8% year-over-year decline. FCA performed better than the European industry average for another consecutive month and ranked fourth overall with a total of 89,300 vehicles sold (substantially in line with the prior year). This was despite fewer selling days with several public holidays falling during the month. Group market share was up 50 basis points at 7.3%. For the four months year-to-date, FCA sales totaled 392,400 vehicles, an increase of 10.8% compared with a European average of 4.5%. Group market share for the period was up 50 basis points year-over-year at 7.2%. In April, FCA ran counter to the trend in Germany (+26.8% versus an industry average of -8.0%) and France (+5.0% versus an industry average of -6.0%), and outperformed in Spain (+6.1% versus an industry average of +1.2%). Fiat posted European sales of 67,000 vehicles for the month, with market share 20 basis points higher at 5.4%. Year-to-date, brand sales were up 10.4% to 296,800 vehicles. Market share for the period was 30 basis points higher at 5.4%. Sales were up 3.9% in France, 8.0% in Spain and 24.5% in Germany. The Panda and 500 continued as the two best-selling vehicles in the A segment with a combined share of nearly 30.0%. Year-to-date, sales of the Panda were up 1.0% to 74,600 units, while sales of the 500 were up 2.6% to nearly 70,200 units. The Fiat Tipo posted another strong month, ranking as C-segment leader in Italy and among the best-sellers in Europe. Also performing well were the 500X (among the top 5 in its segment) and the 500L (continuing as leader in its segment with a 28.5% share). Lancia/Chrysler posted April sales of more than 5,900 vehicles with share unchanged at 0.5%. For the year-to-date, brand sales were up 1.8% to nearly 27,500 units with share at 0.5%. The ever-popular Ypsilon remained first in its segment in Italy with year-to-date sales up 2.0%. Alfa Romeo posted an exceptional monthly performance with sales up 52.2% year-over-year to nearly 7,400 vehicles. Market share was 20 basis points higher at 0.6%. Year-to-date, sales were up 38.7% to nearly 28,900 vehicles, with market share increasing to 0.5% (+10 basis points). Sales were up 46.6% in Italy (+35.7% for the year-to-date), 162.7% in Germany (+94.5% year-to-date) and 55.4% in France (+22.4% year-to-date). Driving this result were the Alfa Romeo Giulia and Stelvio. The Giulia is already among the D-segment leaders in Italy, with a 12.4% share, and climbing the rankings in other markets. The Stelvio is segment leader in Italy (11.8% share) with solid growth in markets across Europe. Jeep posted April sales of more than 8,200 vehicles, and share was stable at 0.7%. Year-to-date, brand sales totaled 35,400 vehicles (in line with 2016) and share was 0.6%. April sales were particularly strong in Germany (+18.1%) and Spain (+10.1%). The Renegade continued as one of the leaders in its segment with a 6.2% share in April. For the year-to-date, sales were up 7.8%. For Maserati, the Group’s luxury brand, European sales totaled 754 vehicles in April and 3,840 for the year-to-date.
FCA US Reports May 2017 Sales •Ram Truck brand sales up 18 percent; pickup sales increase 16 percent versus same month a year ago •Dodge brand sales up 8 percent; five Dodge vehicles post year-over-year sales gains •Jeep® Grand Cherokee records 14 percent increase •All-new Chrysler Pacifica minivan posts best sales month since launch last year June 1, 2017 , Auburn Hills, Mich. - FCA US LLC today reported sales of 193,040 units, a 1 percent decrease compared with sales in May 2016 (194,720 units). In May, retail sales of 152,227 units were up 1 percent compared with the same month in 2016, and represented 79 percent of total sales. Fleet sales of 40,813 units were down 7 percent year over year as FCA US continues its strategy of reducing sales to the daily rental segment. Fleet sales represented 21 percent of total May sales. The Ram Truck and Dodge brands each posted year-over-year sales increases in May, compared with the same month in 2016. Ram Truck brand sales were up 18 percent driven by the 16 percent increase in Ram pickup truck sales. Dodge brand sales were up 8 percent in May as five Dodge vehicles posted year-over-year sales gains, led by the Dodge Grand Caravan’s 58 percent increase. Jeep® Grand Cherokee sales increased 14 percent, while sales of the Jeep Wrangler were up 2 percent as well. Sales of the all-new Chrysler Pacifica minivan – the most awarded minivan of 2016 and 2017 – posted a 325 percent increase in May, compared with the same month a year ago. Ram Truck Brand Ram pickup truck sales increased 16 percent in May, compared with the same month a year ago. The Ram 1500 pickup won accolades as the Best Family Pickup Truck – the second year in a row it has received this honor – at the annual Family Car Challenge hosted by the Greater Atlanta Automotive Media Association (GAAMA). Ram Truck brand sales – which also include the Ram ProMaster and Ram ProMaster City vans – were up 18 percent for the month. Sales of the ProMaster full-size van increased 50 percent in May, while the Ram ProMaster City van posted a 10 percent sales gain. Jeep® Brand Sales of the Jeep Grand Cherokee – the most awarded SUV ever – were up 14 percent in May, compared with the same month a year ago. Jeep Wrangler sales increased 2 percent in the month as well. Jeep brand sales were down 15 percent in May as the brand continues its planned reduction of fleet sales to the daily rental segment. Through May this year, the Jeep brand has reduced its fleet sales by 60 percent, compared with fleet sales during the same five-month period last year. Sales of the all-new 2017 Jeep Compass more than doubled from the previous month of April as Jeep dealers continue to build their new Compass inventories. The new Compass was named winner of the Compact Utility Vehicle category at the annual Mudfest competition hosted by the Northwest Automotive Press Association (NWAPA) in May. The new Compass also was crowned Activity Vehicle of Texas at the Texas Auto Roundup hosted by the Texas Auto Writers Association (TAWA). In May, the 2017 Jeep Grand Cherokee SRT won Performance Utility Vehicle of Texas at the Texas Auto Roundup, and the 2017 Jeep Grand Cherokee Trailhawk won the Premium Utility Vehicle segment in the Mudfest challenge. Dodge Brand Five Dodge brand vehicles posted year-over-year sales increases in May, led by the Dodge Grand Caravan’s 58 percent sales gain. Sales of the Dodge Journey full-size crossover were up 23 percent, while the Dodge Durango and Dodge Viper each turned in double-digit percentage increases as well during the month. The Dodge Challenger muscle car turned in a 2 percent increase in May. Dodge brand sales were up 8 percent in May, compared with the same month a year ago. Chrysler Brand Sales of the all-new 2017 Chrysler Pacifica – the most awarded minivan of 2016 and 2017 – were up 325 percent in May, compared with the same month a year ago. May was the minivan’s best sales month since it was launched last year. The Pacifica continues to accumulate awards and accolades in 2017, including Best Three-row Family Car honors at the Family Car Challenge hosted by the Greater Atlanta Automotive Media Association in May. In addition, the all-new Chrysler Pacifica Hybrid – now on sale in Chrysler dealerships – was honored with overall Best Family Car and Best Technology Family Car at the GAAMA competition. FIAT Brand Fiat 124 Spider sales were up 21 percent compared with the previous month of April. May was the 124 Spider’s best sales month since its launch in July 2016. The FIAT brand announced in May that it is offering new looks for its iconic, Italian-designed, fun-to-drive Fiat 500. Customers may give their Cinquecentos even more style by adding the new optional appearance packages: Sport Black Trim; Two-Tone; and Abarth Roof, Mirror Cap and Body Stripe. Additional options include an automatic transmission, sunroof and Cabrio. Alfa Romeo Brand Alfa Romeo brand sales of 919 units were up significantly compared with the same month a year ago.
You may post flattering sales figures for FIAT in Europe and the USA, but they don't reflect the financial health of the group. It's the spreadsheet that matters! FCA wouldn't be the first car company loosing money whilst still selling in number. The fact is that FIAT has been declining for years.
I love how people "spin" numbers If I sold one item last year and sold 2 this year, that's a 100% increase in sales! (but its still only 2 items) And if I put a discount on the second one to move it, its not really a complete sale.
+1 I remember when BMC here was selling the Austin/Morris Mini and losing money on everyone of them because it wanted to compete head on and match Ford sales figures. It ended in bankruptcy! Some people cannot grasp the difference between turnover and profit.
Long may FCA continue. I'm not so sure they're any different to any other large company. I do think we are about to verge on a few casualties as the format is changing with electric cars and there are companies who are just not investing enough effort in them.
If you had read it, FCA's net profit for Q1 2017 was 641 Million against 478 Million for 2016, an increase of 34.1%. FCA is doing very well at the moment.
Just wanted to cheer up this thread a bit. Found this pretty funny: https://www.youtube.com/watch?v=1fBFm4OD2W0
Your prediction might happening earlier A Chinese Automaker is buying FCA, maybe its close to breaking itself up, probably there will be no more FCA! Is a Chinese Automaker Buying Detroit's Fiat Chrysler? - NBC News
Financial health of FCA still very good. "FCA reports record second quarter Adjusted EBIT of €1.9 billion, up 15%, margin up 90 bps to a record 6.7%; Adjusted Net Profit up 52% to €1.1 billion and Net Profit more than tripled to €1.2 billion. Fullyear guidance is confirmed. • Worldwide combined shipments(1) of 1,225 thousand units, down 1% • Net revenues of €27.9 billion, in line with Q2 2016 (down 2% at constant exchange rate, or CER) • Adjusted EBIT of €1,867 million, up 15%, mainly driven by Maserati with all segments profitable • Record Group margin of 6.7%. All segments improved margins with record NAFTA margin at 8.4% and Maserati at 14.2% • Adjusted net profit of €1,080 million, up 52%; Net profit of €1,155 million, up 260% • Net industrial debt of €4.2 billion, down €0.9 billion from Q1 2017, driven by cash flow from operations • Liquidity strong at €20.0 billion, after planned gross debt reduction of €1.4 billion in quarter"
FCA June 2017 Europe market report:- "In June, FCA sales in Europe were up 7.9% (versus 2.1% for the industry) to 106,700 vehicles. Market share was 30 basis points higher at 6.9%. Alfa Romeo posted a 36.7% sales increase over the prior year, while Fiat brand sales were up 9.1%. The Fiat 500 and Fiat Panda dominated the A segment once again, with a combined share of around 30.0%. The Fiat 500L was the best selling vehicle in the Small MPV segment with a 25.4% share. The Fiat 500X and Jeep Renegade continued among the top ten in the Small SUV segment. The Fiat Tipo, best-seller in the Italian C segment, continued to improve its position in the European rankings. The Alfa Romeo Stelvio and Giulia, already leaders in their respective segments in Italy, also continued to register gains across Europe. Fiat Chrysler Automobiles outperformed the European industry (EU28+EFTA) once again in June, with sales up 7.9% year-over-year (+2.1% for the industry) to 106,700 vehicles. Market share was 30 basis points higher at 6.9%. FCA also outperformed the industry for the six months year-to-date, with sales up 10.5% (versus 4.6%) to 609,100 vehicles. The Group registered increases in all major markets, with June sales up 12.8% in Italy, 2.6% in Germany (versus -3.5% for the market), 6.7% in France and 3.1% in Spain. Fiat brand posted European sales of nearly 82,700 vehicles, a year-over-year increase of 9.1%, with market share 40 basis points higher at 5.4%. In addition to Italy, where sales were up 15.8%, the brand also posted increases of 7.9% in Germany and 1.3% in France. Year-to-date, brand sales were up 11.1% to nearly 466,000 vehicles, with market share 30 basis points higher at 5.5%. The brand remained the undisputed leader in the European A segment with the 500 and Panda accounting for a combined share of nearly 30.0% (both June and the year-to-date). In June, sales of the 500 totaled nearly 19,000 vehicles, while Panda sales totaled more than 17,600 vehicles. For the year-to-date, the two models posted respective increases of 5.0% and 1.7%. The Tipo, already established as C segment leader in Italy, was among the top ten in its segment in Europe with more than 16,100 vehicles sold in June. The 500L was also best-seller in its segment with a share of more than 25.0% for both June and the year-to-date. In addition, the 500X was among the top five in its segment, as was the 124 Spider, which posted a 19.3% sales increase in June. Lancia/Chrysler posted June sales of more than 4,600 vehicles with share at 0.3%. Year-to-date, brand sales totaled nearly 37,500 vehicles, with European share at 0.4%. In Italy, the Lancia Ypsilon was among the top ten overall and third in the B segment with a 9.4% share. Alfa Romeo posted June sales of more than 9,100 vehicles, an increase of 36.7% year-over-year, with market share 20 basis points higher at 0.6%. Brand sales were up 23.1% in Italy, 8.0% in the UK, 24.4% in Germany, 57.8% in Spain and 73.0% in France. Year-to-date, brand sales were up 39.7% to 46,150 vehicles, with share 10 basis points higher at 0.5%. Driving this result were the Alfa Romeo Stelvio and Giulia. The Stelvo, the brand's first-ever SUV, is already segment leader in Italy and continued to climb the European ranking with more than 1,700 vehicles sold in June (of which, 58.7% outside of Italy). With nearly 3,000 vehicles sold, the Giulia is also first in its segment in Italy and rapidly positioning itself among the European leaders, even without a station wagon as offered by its premium competitors. Jeep brand sales in Europe totaled nearly 9,350 vehicles and market share was 0.6%. For the year-to-date, sales totaled nearly 54,000 vehicles with share at 0.6%. The brand's June sales were up 18.7% in Italy, 0.9% in France and 28.7% in Spain. The Jeep Renegade continued among the top ten in the Small SUV segment once again in June with sales up 3.9% to nearly 7,400 vehicles. For the six months year-to-date, sales of the Renegade were 4.9% higher than the same period in 2016. For Maserati, the Group's luxury brand, European sales totaled 902 vehicles in June and 5,568 for the year-to-date."
Thank so for the info Well, it's not just one company from China wants to buy it, there are four groups at least, mostly was the Greatwall I think, they desperately need Jeep to expending their territory of SUVs, since they only make SUV, so Jeep is exactly what they need now, if they want to be the biggest SUV company! Also the Guangzhou automotive interested in buying FCA as well, they also have a joint venture with Jeep making SUVs, like Cherokee, Renegade and new compass. I personally think they won't sell it to the Chinese automotive groups, but if they can make them an offer They can't refuse, then they probably will!, remember they still have 4 billion debts need to shake it off
"Chinese automaker Great Wall Motor Co. told Automotive News it is interested in buying the Jeep brand and has reached out to Fiat Chrysler Automobiles to see whether a deal can be negotiated." http://www.autonews.com/article/20170821/GLOBAL03/170829942/china-great-wall-jeep
Volkswagen, Fiat Discussing Joint Production of Light-Utility Vehicles https://www.wsj.com/articles/volkswagen-fiat-discussing-joint-production-of-light-utility-vehicles-1503586819
That doesn't bode well for FIAT. Soon, it will be just a badge on foreign-designed vehicles manufactured abroad, with no FIAT DNA left in them. For example, we have the same here in UK with Vauxhall: they are now purely rebadged OPEL. Vauxhall used to design and produce a whole range of cars and commercials, but with "rationalisation" during the GM era, it lost its individuality, and the customers started to leave. How long the US public will tolerate 4X4 FIAT rebadged at JEEP?
