Yes.
The Opel crowd will confirm that, but no one is sure about anything.
Added to this, the French car company Peugeot is also talking.
Opel in terms of profits? If you go and talk about Chinese sales.....Opel is having one of its best years there.
Back in February of this year, Opel climbed out of the pit, and made near 980 million dollars in profit....something that they had not seen in 20-odd years.
Added to the conversation....Peugeot is now talking about taking its brand into the US.
If you add up what PSA (the mother company of Peugeot, Opel, Vauxhall, and Citroen) did in 2018....clearing near 39 billion dollars in revenue....they've got some kind of magic going on currently.
So would this all lead to some massive Fiat-Chrysler-Opel-Peugeot-Vauxhall-Citroen 'Frankenstein'? I would go and suggest as the mandated e-car period is approaching....they all need to have one battery technology and one single integrated plan. The odds are that they will all trim gas/diesel powered vehicle models, and you will begin to see a scaled back plan for the 2030 era, and beyond. It would make business-sense.
The unions? They have to be thinking that long-term....there's a 10 to 20 percent cut in jobs within the industry approaching, and be fairly negative about the future of e-cars.
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