The only thing Fiat has that sells cars is Chrysler/Jeep, they could not sell any Fiats here, people refuse to buy them. Why not, they are crap cars. Yet they have the balls to request a dividend payment to 'even up' the otherwise 50/50 deal. Ridiculous. The deal should not be 50/50 to begin with.
Article goes further to mention that Mitsubishi and Nissan are already not necessarily happy with the Renault deal as it applies to them too.
Already getting worse, Renault not happy with terms, says Renault should be getting more. The merger would put Renault cars in the US but they will get rejected by US buyers like they were before too. These Euro companies just don't understand cars here.
I knew two people that owned Renault cars. Both of them were pieces of crap. They were in the shop constantly. Based on that alone I would never buy a Renault no mater how much the company says they have improved. Fiat I am not too sure about. Don't know anyone that has owned one.
The merger is dead, Nissan stopped it, they saw even more loss of power and what concerns them the most in the arrangement.
Fiat was only flopping around like a dead fish there anyway, the initial deal gave them everything and almost nothing to Renault.
Fiat cannot sell cars in the US; people take one look and say 'cute' then move on. The only thing they have is Chrysler and eventually they will screw it up too. They don't have enough money to move into the future with electric cars and are worried about themselves 10 years into the future. They should be.
As for Nissan, I think without Carlos Ghosn, despite his legal trouble, the Renault alliance just will not work in the long term. I hope Nissan can find a way to get out. Consolidation in the industry will happen but I hope for Nissan sake it's with another Japanese brand that will treat them as equals.
X2 post #6 , the Jeeps have a recall on almost 100% of them in one way or another. Lots bought the Ram trucks too but then the complaints let fly. All the guys I knew said they would never buy one again. When I did parts there for a while Ram trucks were one of my biggest incentives; they broke left and right. They break all sorts of parts that traditionally do not break in the Ford or GM trucks. And, Chrysler is the king of max effort to fix minimum parts, I hated them the most when I did garage work back in the '70s. Any 3 step repair turns into 10 on a Mopar. They pioneered things like yanking intake manifolds to change spark plugs or thermostats. They always designed engines much bigger and heavier than other brands to take up needed repair space. Yet the engines lasted no longer. We used to laugh at the size of say 440 pistons, calling them 'syrup buckets', and noting the engines made 100 more hp simply to keep the excess weight turning. Look at the modern Challenger, it's still huge for a 2 door car and like the old one, a 500 pound overweight boat anchor. Why they never ran with the hot ponycars of yesteryear unless they had the 100 cubic inch bigger motor.
Fiat just like with Chrysler was trying to buy/bluster their way to fame and enlargement, they are not good enough to build their way there. They bit off too much with this last one though, the overbullsh-tting did them in. The asking of a 2.8 billion cash payment extra, that took some macho, but no balls behind the macho to back it up.
X2 on last post, Nissan getting itchy as Renault keeps hinting at taking them over 100%, and why Nissan bucked this deal, to show who really has the power. Renault caught Nissan on the low just like Fiat did Chrysler, that low though did not last. At some point Nissan is going to flip and buy Renault out, then dump them if they are smart. If there is one thing the Japanese loathe it is foreign interference.They made a deal with the devil and will be brushing up on exorcism techniques.
Nissan has merged with Mitsubishi, they need to add Mazda to the mix and then tell the gaijin French to go to hell. All three companies made famous cars that are still loved by enthusiasts, they need to play to their strength and do that again.
Not a merger there yet, Mitsubishi rather is the third 'partner' of the Renault triumvirate. Renault had to let them still have some autonomy although they were beginning to tighten the screws and why both Japanese companies have been waiting nervously to see what happens next, and with some rebellion in their blood doing it. Nissan just leaked a big chunk of that out.
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