Fiat Chrysler presents plan for merger with Renault

MILAN: Italian-US auto giant Fiat Chrysler presented a merger proposal to France's Renault on Monday that would create the world's third largest automaker.

Monday's board session would merely examine whether or not to explore the offer on the table, the source said. The Renault-Nissan-Mitsubishi alliance currently makes around 10.8 million automobiles, compared with Germany's Volkswagen and Japan's Toyota, both on around 10.6 million. Renault meanwhile has pushed ahead in electric cars but is relatively weak in North America so the two companies would be a good fit.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Fiat Chrysler makes merger offer to RenaultFiat Chrysler has made a 'transformative merger' proposal to French peer Renault, the Italian carmaker said on Monday, in a deal which would ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Fiat Chrysler makes merger offer to RenaultFiat Chrysler has made a 'transformative merger' proposal to French peer Renault, the Italian carmaker said on Monday, in a deal which would ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »

Nissan board nominees not broaching merger issue: memberNissan Motor Co is not considering the possibility of a merger with top shareholder Renault at the moment, and none of the nominees to the ...
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »