Ohio rivals will merge later this year. The American tire industry isn’t the powerhouse it once was, but there are a few companies left that still leave a strong impression on the market. One of these, the Goodyear Tire & Rubber Company, is solidifying its place in the market, by … Read more
Stellantis unites American, French, and Italian automakers. “To brighten with stars” is the meaning of the sobriquet chosen by French automaker Peugeot Groupe (PSA) and Italian-American manufacturer Fiat Chrysler Automobiles (FCA) as they plan to merge their companies under the “Stellantis” banner next year. When done, the combined entity will … Read more
Every year has its big stories and the automotive industry has its share of blockbuster events. Throughout the year, Auto Trends Magazine followed the news and shared select stories here as well as through social media, especially via Facebook. We’ve noticed a number of “year-end” articles emerging over the past … Read more
A blockbuster merger of automotive manufacturers may produce the world’s largest automaker, especially if two outside automakers are also brought in. Fiat Chrysler, itself the result of a 2014 merger between European and North American manufacturers may soon tie in with Renault, the French automaker. Renault is currently reviewing an … Read more
Rumors of a possible Fiat Chrysler (FCA) alliance with another automaker have been circulating for the past several months. That’s understandable as FCA chairman Sergio Marchionne has iterated that his company’s best chance for long-term survival may be tied with the fortunes of another automaker. Highly-regarded Reuters is one of … Read more
Imagining Fiat Chrysler as part of the Volkswagen Collective. Speculation about a possible blockbuster Volkswagen Fiat Chrysler merger has come up again. Last summer, Volkswagen and Fiat flatly denied that they were discussing a merger, despite a high-level meeting between key executives. This week, former Hyundai CEO John Krafcik speculated … Read more
Please note that Cooper Tire canceled the acquisition in Dec. 2013. Cooper Tire & Rubber Company, based in Findlay, Ohio, says that it is being acquired by India’s Apollo Tyres. The two companies announced a definitive merger agreement on Wednesday, with the combined entity representing the seventh-largest tire company in … Read more