The Big Manufacturer Sale (everything must go!) is about to open, and at the front of the queue, waiting for the shop doors to open is… Fiat.
Having already snapped up Chrysler last week – provided a group of rebel creditors don’t block a deal to wipe out the American marque’s debt – the Italians are now in the hunt for GM Europe: Vauxhall, Opel and Saab, in other words.
Fiat’s top brass met German ministers yesterday to discuss taking over GM’s European operations. They are believed to have offered about 1 billion Euros (£890m) for the brand, but have encountered resistance from unions in Italy, Germany and the UK concerned by the potential for large scale job losses. GM employs 25,000 workers in Germany, while UK unions believe that 5,000 Vauxhall workers could lose their jobs as a result of the takeover.
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Nonetheless, Fiat CEO Sergio Marchionne described a potential move as ‘a marriage made in heaven’. GM Europe has said it needs around £3 billion to get through the financial downturn, and with the German government unlikely to offer a bail-out, it may have little choice but to accept the Fiat offer.
However, Canadian car parts maker Magna has also put forward a ‘rough concept’ for a partnership with GM Europe, while some 18 other companies have formally expressed interest.
But if Fiat does end up taking control of GM, what do you reckon? Good news for Vauxhall? The death knell for Saab? Thoughts please…

this would be odd and with all the companies attatched it would screw up ford- are fiat trying 2 buy ford as well? anyway eitherway gm is screwed and a new car such as a 3-series will be avaliable for 10k in a manafacture car clearout
i think its great ,european cars should be owned and made only in europe
@ben: Ford isn’t up for sale, and hasn’t needed government funds to stay afloat. Fiat can’t buy Ford.
Saab hasn’t had any real vehicles of its own for several years now, at least not State-side — Saab’s lineup has been warmed-up versions of standard GM-US vehicles (and a Subaru, with which GM has/had a joint venture). The death knell for Saab, as far as the US market is concerned, is a few years overdue.
This might be bad news for GM, Chrysler, and some plant workers, but it’s good news for the industry. Fiat hopefully can lean out the companies it’s buying, get its hands on some pretty good powertrain tech here and there to round out their larger vehicle options.
And, thanks to the Chrysler bankruptcy (“thanks” is a touchy word there, but so be it), Fiat can get its feet planted solidly in the US without having to battle dealership contracts and protection laws on a case-by-case basis.
Fiat only gets 20% say if at all..Dont know yet what they get with Opel interesting to find out
Well Cars if thats what you feel…just remember where The Auto industary came with luxury such has.. Air.Co.Curise Control.Electric Windows.Power Brakes.Power Steering,Heads up disply.Hard Top Convertable.not to mention Power Seats…comes from and its not Japan and certly not Europe…
No. Fiat are getting greedy. They had their fun with Chrysler, but to try and buy into a large part of Chrysler’s direct rival? Come on! Fiat don’t even have a great deal of money. Let someone else get it.
Auto-History: The airbag, traction control, climate control, cruise control (and later adaptive cruise control), stability control, air suspension, double-glazing (on a car), car sat nav, ventilated seats, crumple zones, ABS, and I think the DAB radio, all came from the Mercedes-Benz S-Class. Which is ever so slightly from Germany, in Europeania. Plus the new, Japanese, Lexus LS has eight world firsts all of its own.
I have no idea how Fiat can afford to do this. I thought it wasn’t so long ago that they almost went bust? Long-term this deal could cripple them – which is no good for either parties.
Mikeado the bove said gose all the way back in the 60s the Hard Top Convertable gose far back far as 1957 done by Ford Fairlane and Air co gose as far back as 1946 done by Chrysler.and the airbag was done in the early 80s thanks to the USA for adaptive and made them manatory and was made by Volov if im not mistaken as for Mercedes-Benz S-Class it drives as a Cadillac thats a coplement and as for Japan we all know who woke them up
Peugeot made the first production folding hardtop in 1935.
Otherwise, fine.
Wait, not fine.
From “as for the s-class” on I don’t really get what you’re saying. And does an S-Class really handle like Caddy? As in have you honestly driven both?
And please try to punctuate next time. It might add some clarity.
it wasnt long ago we thought it was RIP Fiat.
All I can say anything has to be better than GM hope we dont loose to many jobs
gfgf
Hardtop: Chalmers touring sedan 1914
AirCo: Packard prototype 1939
Airbag: 1953 Linderer 1953 Hetrick
Many car manufactures have been and gone over the years but Fiat has stood the test of time always pulled through when times were tough and is now grabbing these opportunities with both hands in order to ensure its future survival.
Fiat is the only light at the end of the tunnel for the Vauxhall\Opel badge. After all what other car manufacturer would invest in Vauxhall? What have they left to offer once they are dumped by GM? Many of the Vauxhall cars are already running Fiat diesel engines under the bonnet.
Are Fiat’s small cars finally going to take on the global automotive superpowers such as Toyota, VW and Ford. Looks like the recipe of building great little cars has worked out in the end for Fiat.
I hope that FIAT can buy GM Europe, then ditch the Vauxhall badge and brand solely as Opel throughout the EU. Saab could well become a premium brand of FIAT/Opel (like Lexus is for Toyota).
It can only be a good thing really – better to lose a few thousand jobs than to see these companies sink without trace and lose tens of thousands of jobs…
they’ll probably keep insignia, corsa and maybe astra. as for saab, they”ll digg in company’s history, find something brave, redesign it and voila! like with their 500. maybe that aero prototype. and ofcorse, they’ll fire some 10000 people, at least
It could be interesting to see what Fiat get up to if they get Chrysler and the excess GM marques.
Clearly Chrysler will benefit from having access to a range of small cars – opening the door up to Opel/Vauxhall could allow them to use the next-gen Astra platform, for instance. Chrysler will get the small, economical car (by American standards) that Obama wants them to get on the road, so I can see that work nicely…
The other big winner in this would, in my mind, be Alfa Romeo. I can see a fair amount of platform sharing with Saab and Opel/Vauxhall in the future if this all goes ahead, which could probably mean a little more engineering longevity as a result.
And as noted by a couple of people above, what with Fiat’s umbilical-attachment to heritage, Saab might well get the opportunity to dig up some history themselves and come up with a winner.
This is all speculation, of course, but I don’t see why this wouldn’t happen…
to #6 Auto-History.
Mercedes S class… not an american thing.
I hope that Fiat will succeed in its aim … has already conquered America … we’ll see …. FIAT strength … W Italy
It seems strange that Fiat are able to buy anything they seem to have been on the brink of disaster every year for ages! They are a lot more stable now but to splash that much cash on car companies that are badly managed cannot be a good idea for an Italian run (ie haphazardly run) company. It would have one upside though that I can see, Fiat would concentrate on cute small cars and Abarth versions of them and leave bigger cars to GM. In other words ditch the plans for a Croma and let another arm of the company produce an Insignia!
I hope Fiat doesn’t end up like GM. There will be just too much to manage.
They will only be buying gms European brands which would be great for Opel etc and buying chrysler means they can bring some cars over and mainly sell fiat in America aswell as alfa, ok people will lose their jobs but long run it will be better having a car company running a car company rather than accountants
Fiat is trying to build a global automaking powerhouse out of parts scavenged from broken-down General Motors and Chrysler.
http://news.abbanetwork.c om/Fiat-is-trying-to-buil d-a-global-automaking-pow erhouse-out.html
Just read the financial times for heaven’s sake! Silly comments like Mafia and crap like that don’t make sense. Ask the workers @ Chrysler if they think FIAT is Mafia? (with one “f” by the way!) They got their jobs guaranteed for a bit longer at least.
It’s a financial crisis all over the world and having some company dishing out an investment like this in such a critical time is more of a blessing than a curse.
Well, the car in the picture looks definitely cooler than it currently does
…besides quoting omg… and yes, being picky and complaining that Porsche is not into buying Chrysler is ridiculous, be happy that the buyer isn’t Indian or Korean… or that there is a buyer at all, the point about FIAT is that:
What was dragging the brand down were its non car-based departments, which ALWAYS had a very steady “plus”.
FIAT, being the largest industry in Italy, was allowed by politics to get Alfa for almost free, but in exchange it had to buy quite many other industries that were failing.
Alfa wasn’t in a “disaster” crisis, just a small recoverable one, but it was State owned and politicians decided about it, not execs, and decided that it would have been the “prize” for saving other factories that were failing for real.
When the s**t hit the fan, some years ago, FIAT employed Marchionne, which is specialized in “making sausages” and get rid of toxic titles with a style. He will do the same with Chrysler and other GM bits, no doubt.
Besides this: OPEL diesels are FIAT already, and The Saab 9000 and the Lancia Thema were the same car, therefore, if FIAT buys them they will just acquire what is not theirs already.
Any compliant about “quality of that line going down” is just brand hooliganism that has little to do with how industry works for real, and quite ridiculous considering that most current US cars for the internal market have a build quality comparable more with FIAT-Zastava than they do with Polski or Italian FIAT.
Also VW-Skoda, once upon a time, was making garbage like Polski FIAT was making, now Czech workers are paid more than US workers and Polski are getting paid, and build quality went up, beeeeg surprise.
Just don’t expect that FIAT will be into keeping alive ALL of the factories that they’re acquiring, and will produce models that will not sell, because Marchionne is definitely not Santa Klaus, he has a big axe in his hands, and he’s not afraid to use it on dead branches too high up rather than too low down and risk keeping dead parts on the tree.
“Not that ultimately dead” departments will be most probably further recycled by India, btw, ’cause Tata is FIAT’s favorite partner for “desperate-ish cases”.
btw Polski workers that work for FIAT get more or less 260 E per month. Hungarian workers that make Audis get 160 E per month.
So long for “Germans would pay the workers more” or “how much a car costs has to do with how much the guy that makes it gets paid”.
Build quality reflects a balance between workers’rights and/or workers’need to keep their job + low percentage of “flexibles” that make cars today, pick apples tomorrow and cleanded a McDonald’s loo yesterday.
well i have already said that i think that having too much badges can be risky or negative.
. So it’s an ever bigger thing than you expect.
i mean fiat/opel/chrysler alfa/dodge lancia/saab maserati ferrari and jeep (somehow). And tuning house firms, autodelta, mopar, abarth, opc.
fiat can do half of the biggest motorports alone only with his badges now. The bigger it become the better is, but managing all that stuff, considering that fiat already has a lot of factory around the world is an huge work. and just before the c crunch they were active to open new factories and agreements in the east (china, india, that 3 billion people stuff, you know
About fantasy car maker new car model i think i will pleasantly play later in another post (remember that opel have the saturn/gt/lotus chassis, immagine a gt with a viper engine…LOOOL even better than a 500 with an hemi v8)
This.. could work well for Fiat. they have almost all car sectors covered now, the super sports luxo by Ferrari, the luxo by Masa, Fiat for the small cars, Alfa for family saloons that take sales off BMW, Vauxhall for family saloons that take sales off Ford, Opel for providing Vauxhall help and Saab for the good ol’ sweedish reliability. dose this mean that Italy will dominate the car industry. i mean they will have the reliability of the sweeds, the look of the italians and the class of the italians.. mixed with the.. erm.. Vauxhall seating?
Just one thing: Fiat is not italian, Fiat is made in Turin. The company is owned and managed by the local enlightened upper class which descends from the kingdom of piedmont and has nothing to do with the rest of Italy.
The same bunch of protestants arisrtocrats jewish industrials who produced Carla Bruni (is this a reference?), Juventus and descend from the Kindgdom of Piedmont before they reunited Italy in 1861.
to me, last time i checked, Turin is where Juventus is based, as i am a Juventus fan i am pretty sure that is true. and Turin is also a part of Italy. as my neighbor is born there, i am also pretty sure that is true. so Fiat is made in Turin, Italy, making it Italian. Vauxhall is British. GM is American. dose that make Vauxhall American? here is another one. Jaguar is British, Tata is Indian. Jaguar is Indian?
and me would be post 30. not me as in my self.
I heard Vauxhall workers were complaining that if this happens, 10% of them will lose their jobs! Do they not realise that if this doesn’t happen, 100% of them will lose their jobs?!
Good for FIAT. The important numbers:
10 000 workers < 40 000 workers, should GM Europe go bust.
Also, I heard today that Fiat may be buying a share of VW Group! Could Italy be the new Detroit?
Fiat will wind up like an anaconda that tried to swallow a caiman, killing both of them.
it´s so ridiculous. a few years ago GM payed a fortune to step out of a deal and not took over Fiat.
and now, broke as ever, they want to save Fiat themselves with german tax money. believe me Opel would be taken by Magna. and they shut down all english factories. Vauxhall is not a subject in this deal, it´s a tiny, tiny, tiny part of opel.
they don´t care about saab and the rest. is about opel, brand new factories, good research and technology – they are even going to sacrifice itialian jobs for the deal. beause the german goverment insists on saving all the factories and jobs.
Hmm, I’d be worried about Fiat – I just hope Chrysler don’t bring them crashing to the ground. But I also would like Vauxhall and Saab to stay afloat, too – Saab desperately need a buyer. But then, so do Vauxhall and Opel. Well, they’re in good hands I suppose.
Great! Now you can have the style of a Vauxhall with the reliability of an Alfa combined with the fuel efficiency of a Chrysler. Should be a World beater.
ok fiat can take over Chrysler for all i care but if they take over GM ( which wouldn’t be a bad thing becaus there hurting) Holden, Vauxhall, Opel, Chevy, ect would be holding on for dear life. more workers will be out of jobs than ever. unless fiat plans to keep the brands up to there standerds, and find a way to save the workers jobs. but also i live in the US and GM’s idea to drop Pontiac was good (they are crap) but they need to drop or at least improve Cadillac. all cady’s are a cabin full of nasty plastics and crap motors.!
Yes, finally.
Vauxhall and Opel should allways be strictly european.
If Fiat do take over GM Europe then expect good things to come rolling out of Vauxhall/Opel and Saab. Fiat make excellent small cars like the new 500, it’s packed with so much fun ‘n’ character it’s just like driving around in a smaller Mini, in other words, incredible!
So if this is put forward then this would save Vauxhall from the ashes of dead car manufacturers. But what i’m looking forward to is more cars with Italian fun stuffed inside. But you might be thinking those cars will break, because they would be part Italian, well, you’d be wrong. Modern Fiat’s like the 500 don’t break, how many people who own a 500 have ever had a major problem with it? (i.e. broken drivetrain). Probably none.
A little bit of Italian heart, soul and passion from Fiat could just make Vauxhall a worthy car manufacturer, but don’t expect and Alfa type Passion, that’s unique.
the greatest car related invention…the assembly line by Henry Ford
Like 43 said and hope fiat dose well in the Good ol USA who knows maybe it will gain popularity as the Bettle did..?
Why one of the best Ford cars ever is called Gran Torino? That’s a fun one, while it did not happen at random at all
@30: if you want to become an historian, do study a bit more. That ’cause Turin was the first capital of Italy and its aristocrats, capitalists and masons definitely have to do with its unification and quite many financed Garibaldi’s expedition, for instance. Yes, quite many of them have something to do with Switzerland, big surprise.
The only thing that is a good point is that FIAT’s founders’ ancestors had a lot of money already before Italy was a Country…
True, as it’s true that Italian capitalists are not a charity organization but… hmmmmmm… so? If you want to go back in time, I would say that the origins of German car industry are even less politically correct, but I wouldn’t really say that if you buy a Golf now you finance nazis, while if someone is into ethics, that someone reads Chomsky, listens to Swedish punk bands and avoids using his credit card, let alone caring about car brands, or industrial products of almost any kind.
PS I live in Italy, within the former territory of the Republic of Venice, and I can swear that its pre-Italian economy has something to do with England and Greece… and Lebanon, and Hong Kong, let alone the obvious France and Austria. So?
ha ha ha thats the funniest thing ive ever heard……. although it would make for funny car names the fiat astra, the fiat lacetti, the fiat vxr8. But what if it was the other way around……. the vauxhall 500, the chevrolet grande punto!!!! that is just soooooooo funny!!!!xD
At the moment Porsche replied melting with VW instead of buying it… the Porsche Lupo is quite funny as well, I admit
What is less funny is that the less industrial groups are on the market the more cars’prices will be artificial: so long for liberal competition in car industry.
FIAT, that has something to do already with both GM and Ford, is on its way to be the chain of conjunction of a Ford-FIAT-GM mammoth, that has to deal with Toyota, Renault and Porsche, Tata, period.
What is highly predictable is a future dualism between a table of car execs and a table of energy execs deciding prices for everybody’s mobility, above any control by any politician. I’m not that sure that would be a good thing, considering what brought the alliance of petrol dealers by itself already.
Never mind Fiat buying out GM… Just been reading on the news that Porsche is now merging with Volkswagen… PorscheWagen, anyone???
Well according to latest news, the german government favours FIAT offer more… it seems like a done deal, fiat almost certain to control GM Europe.
If this goes through, it will def. give Merc, Bmw and VAG a run for their money, wich is great. We can sit back and expect to see large scales of development and a more invigourating race for market segments producing an array of exciting set of wheels for us to pick from.The fact that Fiat already owns the companies that gave us some of the greatest driver’s cars the world has ever seen is only a bonus. Go Fiat and Go everyone else.. It’s about time the automotive industry snapped out of it. May the best man win !!!
ps. who cares about vauxhall ? It’s just a badge!!! and death kneel for Saab ??? Why ? The funding provided the name alone can float the brand…
well, saab is good, fiat is good, GM, ermmmm……..
This is a good thing. This gives fiat the opportunity to get into the american market with the small car technology. Also Grande Punto and Vauxhall corsa share the same platform and can rebadge and sell in Millions, not sure why GM didn’t do this in the first place. SAAB be in the bag as a brand but can see it getting the chop during these rough financial times
from what i learned
Fiat is aiming to get into the top 3 of the world best carmaker instantly.
you can expect them to kill of several models
from each automaker they own.
Marchionne rocks, I never liked FIAT, but he sure managed to drive the recent fia-t-sco to a great climb over the auto industry world
FIAT already got more than 1.5 giga dollars from GM for free a couple of years ago, temp 20% with a 51% option in 2012 of chrysler, and believe me that if they can make Italian Unions happy it will be easy to satisfy any Union.
I think it will be nice that European GM to become a real European group, so to compete with VW on the same land
@Auto-History:
Your comment is pretty clearly idiotic…and your name would be “Auto-History”? Oh, c’mon…
The assembly line was invented by the Olds Motor Works (Oldsmobile)not Ford!
@55 And, imho, the most beautiful assembly line is the turin lingotto, the historic fiat factory, now a museum.
Just heard non official news that says that fiat will close 2 factory in italy. I wish that the ,hypothetically ignominious, more hypothetically probably ignominiously still loved, government will do something. This won’t be a good advert for fiat:
FIAT we save jobs. Of the others. Buy.
I think that the best thing for opel is that fiat give 1 billion and get control and 51% germany gov. put something substantial in to save jobs, and the rest is covered with gazprom money trough magna-steyr. so gaz do a good investment and the factory is better than before, magna get new agreements for parts with a big group, and fiat can use the saved money to run the italian factory.
or they can just shut down the factory, and go live out of the borders beacause closing 2 factories is something like closing all of them so people won’t be happy and start to mess up with forks and flags, and you won’t be there if this happens
The Grande Punto and Corsa share the same platform and a few engines. My Astra sport hatch has a mainly Alfa diesel engine in it. So would a Fiat takeover be a problem?
Hopefully, if the takeover does come I can see the Vauxhall and Opel brands staying (they’d be mad to get rid of Ellesmere Port, so Vauxhall would remain as badges cost nothing) and maybe Fiat will get access to the 2nd biggest dealer network in the UK?
Also, the Insignia, Corsa, and Astra would stay. I think Fiat would love to have a car as popular as the Astra rather than the mid-range dross they’ve landed us with over the last few years! Stilo anyone?
In many ways it’d be business as usual, only with a potentially more stable company behind some rather good cars these days (now the Vectra’s dead!)
It might be just the thing to save Saab, if someone in Sweden has the balls to take up the challenge. And it might save Fiat: about the only thing they got going are the 500, the Panda and the Ducato. I think Fiat might learn a thing or two about build quality and efficient manufacturing from Opel as well.
If I’m honest, trying to save GM is like trying to mend a hydrogen bomb with than selatape. But there maybe a chance of raising the Titanic.
The world has gone mad…
Nick is right. If Fiat buys up too many brands it’ll end up like Chrysler and GM in no time, I mean, it can’t even handle Alfa and Lancia properly so what makes it think it can take on Chrysler, Dodge, Jeep, Vauxhall/Opel or possibly even Saab. I hope not Saab. Saab is too cool. Fiat had better get working harder, anyway if it wants to handle nearly as many brands as VW has.
I really do wish Fiat luck with it – they do produce some great small cars. As for the Vauxhall name I agree with the previous comments that its so tarnished now, bin it – use Opel name instead.
As for Saab as a luxury brand I hope so as Saab, pre GM, produced some fantastic cars. Note of caution? As per above Fiat could end up like GM, Chrysler or even a company called British Leyland -remember them?!
Fiat should start selling the 500 in the US. It is reasonably priced and a lot of American’s need to think about it’s carbon emissions and fuel economy. A hybrid SUV is no answer for a revolution of alternative energy for motor vehicles. The Fiat 500 easily does over 30mpg and that is exactly what America needs.
If Europe GM were to be owned by Fiat, Fiat should consider the fuel economies for the legendary gas-guzzlers Americans build.
I think I agree with someone who said that Fiat should bring over the 500, cant wait to drive an Abarth after Jeremy test drove it… but yes something needs to be about these manufacturers going on a shopping spree and buying so many brands under their belts. Check out my blog at v10vinitsblog.blogspot.co m
Suggest UK Government or a Govt created company buys Vauxhall/Opel. Also they should buy Jaguar/Land Rover back from Tata (because at least we should own what we pay for. Then they really invest in electric vehicle production and use the plants they have to crank out some real green cars and start to rebuild this countries industrial base (at last).
Obvious > Its depressing isn’t it? Something ornately British should fall to yet another overseas powerhouse…
Some people get it and some people don’t.
Vauxhall is a badge on the front, the back and on the steeringwheel – not much else really. “Allegerit” said its depressing that yet another British company might fall to yet another overseas powerhouse… Vauxhall is just a tiny bit of Opel (German) – that’s all.
Fiat taking over GM… This could be interesting…
For the person who said Cadillac motors are junk, have you heard that the 2009 Cadillac CTSV is the fastest sedan in the world? The plastic thing is getting a bit old. The problem with American cars is not reliability (Buick tied for #1 Spot in Reliability) The Problem is people like you who always bash American Cars. I have always owned Chevy’s and My company vehicle is a Ford E250 and I drive it like I stole it and it has never had any mechanical problems. We have over 100 American Made vehicles in our Fleet and are happy to say that we don’t have issues with them. It never ceases to amaze me how quick the Europeans Bash America, if it were not for American Manufacturing they would all be speaking German today, and how about the Marshall plan? We re-built your countries after WWII and spent American Tax Dollars to defend your countries During the cold war era, so the next time your so quick to lash out, you should be thanking every American you see for giving you the ability to speak in your own language.
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