Ford And FCA Discussed A Possible Merger, But Ford Decided Against It

Fiat Chrysler Automobiles withdrew their merger proposal with Renault last week, but it appears the company originally had eyes on Ford.

In an interview with Automotive News, Ford’s Executive Chairman revealed the two companies looked into the possibility of a merger. As Bill Ford explained, he and the late Sergio Marchionne “had a number of dinners together talking about … whether Ford and FCA would be a good fit.”

The Blue Oval decided against the move as Ford said “We had our own issues and challenges ahead of us. I felt like it [the merger] wasn’t going to help us solve those problems.” He added, if anything, the merger would have “slowed us down.”

2020 ford explorer st unveiled 1

While Ford ultimately decided against a merger with FCA, the company isn’t opposed to partnerships. In the last year alone, they’ve struck deals with Volkswagen, Mahindra and Rivian.

Ford says he expects this trend to continue as “There will be winners and losers in our business like you’ve never seen before.” He went on to say “I think you will see companies looking for scale, because some technologies need to scale to be effective.”

Also Read: FCA Abruptly Withdraws Massive Merger Proposal With Renault

That certainly appears to be the case as partnerships are becoming increasingly common in the industry. In particular, BMW and Jaguar Land Rover have joined forces to develop next-generation electric drive units. Likewise, GM and Honda have teamed up to build a purpose-built autonomous vehicle for Cruise Automation. Even Hyundai and Audi are working together on hydrogen fuel cell vehicles.

Given the importance and cost of electrification and autonomous driving technology, it seems like automakers are looking to team up more than ever before.

2020 Ford Escape 12

  • PhilMcGraw

    Instead of merging as a complete brand, FCA needs to consider dividing up their brands and merging them individually into other companies. There would be plenty of car manufacturers interested in just the Dodge brand or the the Jeep brand without the other brands that go along with it. Plus it would be easier for regulatory purposes.

    Jeep would make a great portfolio for any electric car company since that seems to be the new push is to have off-road EUVs. Dodge, or in particular RAM, could make a great addition to Hyundai-Kia since they have a glaring omission in the truck market.

  • Michael_66589

    FCA should be merger with some company which dont produce cars, like for example Magna, Bosch, etc.

You Could Buy This Ferrari 599 GTB For Just $250 In China

This operating Ferrari 599 GTB is being sold as scrap metal and costs next to nothing.

2019 Ford Edge ST Review: Is It Really Worth The Premium Over The Standard Models?

Add just a few optional extras, and the Edge ST can go over $50k.

Ain’t Nothing Gonna Stop This LS3-Powered, Custom Land Rover Defender

ECD’s Project Neo Defender looks just about ready for the apocalypse with a multitude of upgrades.

Canadian Cop Is In The Right Place At The Right Time

This Honda Civic driver probably won’t be cutting into traffic in the future.

New Limited Edition Bugatti Reportedly Debuting At Pebble Beach

This new Bugatti model could follow on from the Divo and one-off La Voiture Noire.

2020 Mercedes AMG GT R Black Series Wants To Become Porsche’s Worst Nightmare

New variant of the Mercedes AMG GT will become their fastest-accelerating model to date.

BMW Could Develop Stand-Alone M Models

The head of BMW’s M division says he would love to make an M hypercar.

2020 Rezvani Tank Is All-New, Will Have A Supercharged V8 With 1000+ HP

The upcoming Tank Military Edition will feature protection from electromagnetic pulses.

VW ID Batteries To Be Backed By Eight-Year Warranty

VW’s ID batteries powering its future electric vehicles will be covered by a 100,000 mile warranty.

2020 Lexus GX Puts BMW’s Massive Kidney Grille To Shame, Adds Off-Road Package

The aging Lexus GX, which has been around since 2009, has now undergone a modest makeover.