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Wow, I don't follow car news recently, so just now discovered Peugeot, Citroen, Fiat and Opel have same owner now (Stellantis), still can't comprehened how coul

Wow, I don't follow car news recently, so just now discovered Peugeot, Citroen, Fiat and Opel have same owner now (Stellantis), still can't comprehened how could be such merger approved by regulators. Also was aware that Nissan and Renault cooperate, but didn't know there is also Mitshubishi with them. Btw. Adobe Acrobat logo would like to have a word.

arlcode 4y ago
I faintly recall that this was in part a response to VW growing too big in the years before. Before the merger Fiat, who was struggling at the time, tried to fusion with Renault but the French government blocked it. Maybe someone has more information than me.
PinguTS 4y ago
That's when GM had his crisis and sold of all its non-US brands Opel, Vauxhall and so to PSA. It was a big mess. Then just recently FCA and PSA formed Stellantis. PSA and Fiat worked together previously, as their van the Fiat Ducato is basically the same as the vans from PSA group and the same as the Iveco Daily. They closely worked also together in other areas. The small cars by Fiat was also partly joined development with Opel in the mid 1990. That relationship worked loosely for years, even while Opel still was part of GM.
- jaclaz 4y ago
  Also later, as an example I have a 2006 Opel (Vauxhall) Vectra C 1.9 TD, the engine (and well as the Saab 9-3 one) is a FIAT one, and they share quite a few "common" parts outside the engine with the Fiat Croma.
consp 4y ago
While being not even the biggest in total number of sales (wikipedia says fifth). I still find it strange that it's a Dutch company (and Fiat Chrystler before it), since the Netherlands has no local-origin car manufacturer since DAF-Cars was sold to Volvo in the '70.
- franch 4y ago
  The reason for being a Dutch company is purely for a taxation advantage, and it goes back to the fact that FIAT/FCA moved its headquarters to the Netherlands under Marchionne's leadership. Other italian companies (Mediaset owned by Berlusconi Family) did this too recently: ( https://www.ilfattoquotidiano.it/2021/09/18/mediaset-la-sede-legale-trasloca-in-olanda-e-la-societa-cambia-nome-perfezionato-laccordo/6324797/ https://www.ilfattoquotidiano.it/2021/09/18/mediaset-la-sede... )
  - wlecometo 4y ago
    no it was not taxation but legal reasons. as it takes years in italy to get a decision from judges.
- deleted 4y ago
  [deleted]
- gpderetta 4y ago
  I think Netherlands is just a convenient place for European multinationals to incorporate. ST Micro, another Italo-French company is incorporated there for example.
  - sokoloff 4y ago
    I always thought ST Micro was based in Geneva.
    - gpderetta 4y ago
      from Wikipedia: While STMicroelectronics corporate headquarters and the headquarters for EMEA region are based in the Canton of Geneva, the holding company, STMicroelectronics N.V. is incorporated in the Netherlands.
- sofixa 4y ago
  It's registered in the Netherlands for tax and regulatory purposes.
touristtam 4y ago
Something that went amiss in the graph is the Samsung Car division that Renault took direct ownership a while ago.

arlcode 4y ago

I faintly recall that this was in part a response to VW growing too big in the years before. Before the merger Fiat, who was struggling at the time, tried to fusion with Renault but the French government blocked it. Maybe someone has more information than me.

PinguTS 4y ago

That's when GM had his crisis and sold of all its non-US brands Opel, Vauxhall and so to PSA. It was a big mess. Then just recently FCA and PSA formed Stellantis. PSA and Fiat worked together previously, as their van the Fiat Ducato is basically the same as the vans from PSA group and the same as the Iveco Daily. They closely worked also together in other areas. The small cars by Fiat was also partly joined development with Opel in the mid 1990. That relationship worked loosely for years, even while Opel still was part of GM.

jaclaz 4y ago
Also later, as an example I have a 2006 Opel (Vauxhall) Vectra C 1.9 TD, the engine (and well as the Saab 9-3 one) is a FIAT one, and they share quite a few "common" parts outside the engine with the Fiat Croma.

consp 4y ago

While being not even the biggest in total number of sales (wikipedia says fifth). I still find it strange that it's a Dutch company (and Fiat Chrystler before it), since the Netherlands has no local-origin car manufacturer since DAF-Cars was sold to Volvo in the '70.

franch 4y ago
The reason for being a Dutch company is purely for a taxation advantage, and it goes back to the fact that FIAT/FCA moved its headquarters to the Netherlands under Marchionne's leadership. Other italian companies (Mediaset owned by Berlusconi Family) did this too recently: ( https://www.ilfattoquotidiano.it/2021/09/18/mediaset-la-sede-legale-trasloca-in-olanda-e-la-societa-cambia-nome-perfezionato-laccordo/6324797/ https://www.ilfattoquotidiano.it/2021/09/18/mediaset-la-sede... )
- wlecometo 4y ago
  no it was not taxation but legal reasons. as it takes years in italy to get a decision from judges.
deleted 4y ago
[deleted]
gpderetta 4y ago
I think Netherlands is just a convenient place for European multinationals to incorporate. ST Micro, another Italo-French company is incorporated there for example.
- sokoloff 4y ago
  I always thought ST Micro was based in Geneva.
  - gpderetta 4y ago
    from Wikipedia: While STMicroelectronics corporate headquarters and the headquarters for EMEA region are based in the Canton of Geneva, the holding company, STMicroelectronics N.V. is incorporated in the Netherlands.
sofixa 4y ago
It's registered in the Netherlands for tax and regulatory purposes.

touristtam 4y ago

Something that went amiss in the graph is the Samsung Car division that Renault took direct ownership a while ago.