Fix Your Memory Module
 
Home
News
Products
Shop
Memory
Corporate
Contact
 

News
Industry News
Publications
CST News
Help/Support
Member Area
Tester Brochure
Demo Library
Software
Tester FAQs

biology medicine news product technology definition

Wednesday, September 20, 2017
Memory Industry News
Email ArticlePrinter Format PreviousNext

Is VW touting a merger with Chrysler Fiat?


Thursday, March 16, 2017

Volkswagen CEO Matthias Mueller told reporters Tuesday that he would not rule out discussing a merger with Fiat Chrysler after the rival automaker's CEO floated the possibility a week earlier.

Fiat Chrysler chief executive Sergio Marchionne long suggested that the global auto industry would need to consolidate in order to share rising product development costs. He pursued several tech company partnerships and was rebuffed after an overture to General Motors in 2015.

Last week, Marchionne said that the acquisition of GM European bran Opel by Peugeot parent PSA Group could lead VW to approach his company about bolstering its position in the European auto market.

VW CEO Matthias Mueller initially responded that his company is too focused on recovering from its diesel emissions scandal and shifting toward electric vehicles and autonomous technology to engage in "talks about anything."

Following the German automaker's annual press conference this week, however, Mueller told reporters, according to Reuters, that he is "not ruling out a conversation."

Mueller also added that he is confident in VW's prospects "with or without Marchionne" and suggested that his counterpart should talk to potential suitors directly rather than through the media.

"It would be very helpful if Mr. Marchionne were to communicate his considerations to me too and not just to you," Mueller told reporters.

By: DocMemory
Copyright © 2017 CST, Inc. All Rights Reserved

Email ArticlePrinter Format PreviousNext
Latest Industry News
Intel shows 10nm technology for up coming “Falcon Mesa”. FPGA9/20/2017
Wisconsin Governor signed bill for Foxconn to build factory9/20/2017
SMIC to foundry NOR memory wafers for GigaDevice9/20/2017
Intel works with Alphabet/Waymo on self-driving car systems9/20/2017
Late delivery can impact iPhone 8 pre-orders9/19/2017
Intel has plan to double its value by 20219/19/2017
South Korea memory makers are to make $428 billion profit this year9/19/2017
Toshiba wants to quickly tide up the Bain deal9/19/2017
Samsung Electronics quarterly to reach new height9/18/2017
Taiwan Chunghwa Precision to provide test technology on 7nm by 20189/18/2017

CST Inc. Memory Tester DDR Tester
Copyright © 1994 - 2017 CST, Inc. All Rights Reserved