Fiat Chrysler considers new road without Maserati and Alfa Romeo brands
Milan — Fiat Chrysler Automobiles is considering options including a plan to spin off the Maserati and Alfa Romeo brands as well as its components operations, say people familiar with the talks. The moves would focus the Italian-US company on mass-market cars to make Fiat Chrysler more attractive for a potential combination with a competitor, said the people, who asked not to be identified. The luxury-car operations could be worth up to €7bn, while Magneti Marelli and other parts businesses are valued at up to €5bn, analysts estimate. Discussions were progressing, with several options still under consideration, including merely separating one or more of the component units, which also included Teksid and Comau, the people said. A final decision may not be made until early 2018. Fiat Chrysler declined to comment. The plan is also meant to unlock value for the Agnelli family and other shareholders as the company continues to underperform peers, the people said. Goldman Sachs estimates...
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