Stay Connected

In The News

Print

Steve Wybo: Proposed FCA-Renault merger could be suppliers’ feast, famine – Crain’s Detroit Business

Steve Wybo was featured in Crain’s Detroit Business’ article titled “Proposed FCA-Renault merger could be suppliers’ feast, famine.”

In the U.S., where FCA’s mainstays Jeep and Ram reign supreme for the automaker, the merger is unlikely to have much downside for suppliers down the supply chain, said Steve Wybo, senior managing director of Birmingham turnaround and advisory firm Conway MacKenzie Inc.

“Most local suppliers don’t have a lot of crossover in Europe, outside of the large Tier-Ones,” Wybo said. “I don’t see a rationalization of the supply base. Sure, there will be economies of scale but that won’t happen in the U.S. There’s just limited opportunity in this merger and certainly no real down side for suppliers here. I see this as really a non-event for local suppliers.”

To read the entire article click here.