As I roved about the internet, I found this odd non-news-as-news. Despite mentioning a merger with VW, Sergio Marchionne has no interest in a merger with VW.
The story features a very entertaining photo of Mr Marchionne with President Trump.
It’s a rather baffling snippet. Marchionne floats an idea and then says he is not interested in it and, in so doing, explains all the reasons why it would be a good idea anyway. But he’s not doing it. He’s a puzzling chap. As I see it, VW has nothing at all to gain from taking over FCA with its army of problems and horde of underperforming models. VAG makes more money selling alloy wheels and trim options on the Seat Leon than Alfa Romeo makes on its entire line-up (infinitely more). FCA will disintegrate in due course, leaving VW to Continue reading “Non-News”