Noteworthy transformations may be on the horizon for Fiat Chrysler Automobiles. The company has had a recent surge in shares, bringing them to a record high in early January 2018. The rise in the FCA stocks may be an indication of changes to come to the company in the near future.
As onlookers watch the Fiat Chrysler shares rise, some of those who are up to date on auto news are thinking of CEO Sergio Marchionne’s recent words on the future of FCA. It has been said that Marchionne seeks to retire in 2019 and has been on the hunt for a buyer. Some consider that the rise in Fiat Chrysler shares may be an indication that the company is in discussion with a potential partner or buyer, one who would be buying up the stocks in preparation.
There have been no official announcements from the company on a potential merger, although Marchionne has name-dropped a couple of brands over the last few years, including Volkswagen and Hyundai.
Even though it’s all speculation for now, the team at Coronet CDJR is looking forward to hearing more definite news about upcoming changes.