Hyundai Linked With FCA Deal But Denies Interest

Hyundai is the latest carmaker to be linked to a purchase of Fiat Chrysler Automobiles, as the rumour mill surrounding an imminent sale continues to turn.

Weeks after China’s Great Wall reportedly expressed an interest in buying FCA’s Jeep brand alone, the Korea Herald reports Hyundai may be looking to take control of FCA to make Hyundai the world’s biggest carmaker.

Along with its own brand and Genesis, and a partnership with Kia, an acquisition of FCA by Hyundai could also hand it control of Jeep, Fiat, Dodge, RAM and Chrysler.

As a result, Hyundai could potentially leapfrog Toyota and the Volkswagen Group to become the number one global carmaker for volume.

Further, the five brands reportedly on the table from FCA could give Hyundai a better foothold in the US and Europe, as each is well-established in its home market.

Previously, FCA is said to have been considering separating the Italians from the group - Maserati and Alfa Romeo - and this pair may not form part of any sale agreement.

Naturally, the denials are everywhere, with FCA having confirmed nothing and Great Wall saying little about any future deal.

Likewise, Hyundai has denied having any interest in FCA, but market analysts in Korean reportedly think otherwise.
Those same analysts also believe that Maserati will form part of the deal, which would make Alfa Romeo’s future unclear.

Fiat’s future may also be unclear under Hyundai ownership, with many of its models clashing with Hyundai’s in the city, light and small car segments.

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