Fiat Chrysler Automobiles is taking the headlines this summer, thanks to numerous reports citing sources that speak of Chinese automaker interest in acquiring the world’s seventh largest carmaker.
But according to other reports, it seems FCA has its own plans – which are used as options in regards with an increased valuation – and among them is the idea of spinning off Maserati and Alfa Romeo just like it did with Ferrari last year. Apparently FCA would see the two brands sold/spun off in order for the group to refocus on the mass market brands, such as Fiat, Jeep, Dodge, and Ram. It seems Jeep has indeed captured the interest of China’s Great Wall Motor Co., but “big uncertainties” don’t fare well for a possible deal, according to FCA.
According to Goldman Sachs, FCA’s current total business assets might be worth up to 50 billion euros – of which Maserati and Alfa Romeo might be valued at up to 7 billion Euro, with Magneti Marelli and other related businesses valued for another 5 billion euros. CEO Sergio Marchionne is an artist when it comes to such moves – after managing the FCA setup, under his tenure CNH Industrial NV was spun off in 2011, and Ferrari in 2016. Both were worth just $6 billion in 2004 and today have a market value of $57 billion, combined.