Volkswagen CEO Matthias Mueller said this week he was open to discussing a potential merger with Fiat Chrysler, telling Reuters he’s “not ruling out a conversation.” in regards to the matter.
Now, Fiat Chrysler Authority sources close to the matter say Volkswagen has actually been in Auburn Hills, Michigan this week going over FCA’s books.
Chatter that VW has been going over FCA’s financial statements goes against Mueller’s recent statement that he “hasn’t seen Marchionne in months.” Mueller expressed frustration with the way Marchionne has gone about proposing a merger with VW, saying it “would be very helpful if Mr. Marchionne were to communicate his considerations to me too and not just to (the media).”
Last week Marchionne said he had “no doubt,” that VW would be open to a merger with FCA. His statements came in the wake of PSA Peugeot Citroen’s acquisition of General Motors’ Opel brand, which made the French conglomerate the second largest auto manufacturer in Europe behind VW. Marchionne believes PSA’s expansion will inspire VW to merge with FCA and further cement itself as Europe’s largest automaker.
Mueller seemed to change his tone in regards to an FCA merger this week. Following Marchionne’s initial statements on the matter, Mueller gaffed at the idea of merger, saying VW had much larger problems to worry about other than a merger, referencing the fines it faces in regards to its widely publicized and highly controversial diesel emissions scandal.