Fiat Chrysler seeks a merger with Renault

THE RISE of the SUV over the past decade demonstrates that carmakers have done an excellent job of persuading customers that bigger is better. Renault and Fiat Chrysler Automobiles are hoping to convince investors that the same is true of carmakers themselves. On May 27th the Italian-American FCA confirmed rumours that it was seeking a merger with its French counterpart, itself part of a close alliance with Japan’s Nissan and Mitsubishi.

The combination of the two firms looks good on paper. The scale that Marchionne talked about and Mr Ghosn built through his Franco-Japanese alliance was a sensible reaction to the challenges of the industry. It helps firms ride out economic downturns and spread investments in electric vehicles , self-driving cars and mobility services across more vehicles. FCA estimates that joint development of engines, EVs and platforms on which all cars are built will save €5bn a year.

Can the tie-up defy the patchy history of automotive megadeals? The list of failures is long: Daimler and Chrysler, BMW and Rover, GM and Fiat, anything to do with Ford. Both FCA and Renault-Nissan-Mitsubishi have succeeded in part thanks to those exceptional former bosses, and partly because they avoided full-blown integration. FCA has flourished because Fiat and Chrysler have remained largely apart.

Two laggards in electrifying their lineup. No surprise!

athiest social work112rakkat worshiper said dont give signal2brain2make unseen robot toys useless y athiest said zb lack yr prophecy war win only cycle bikes car aeroplane y profit pray2free all sometime profit think y film world against ppl how2make smoke mezile2make all muslim

Honestly, Sergio Marchionne suddenly died in summer 2o18 while the harvest of his visionary hard work had been seen. He rescued FIAT and led it to new life. I can’t see that he is a fallen Giant.

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Renault, Fiat Chrysler Discuss Merger of Equals as Part of Alliance TalksRenault and Fiat Chrysler Automobiles have discussed the possibility of a merger as they explore options for combining their businesses, according to people familiar with the matter. 1 rusty can & 1 rusty can merging. Result? 2 rusty cans. Es interesante analizar esto, ¿es Renault una empresa publica Esatatal de Francia? o es una empresa Privada? por que habria de consultarlo con el gobierno, alguien nos miente... por que son buenas las empresas estatales en el primer mundo y malas en el 3r mundo?
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Fiat Chrysler Unveils Renault Merger ProposalFiat Chrysler Automobiles said it was proposing a merger with Renault, a move that is likely to shake up the global automotive industry. Let’s bring back the ford pinto, if anyone can do it it’s the Italians and the French Why not? So many auto companies are on the brink of bankruptcy. They might as well merge to stay alive.
Herkunft: WSJ - 🏆 98. / 63 Weiterlesen »

Fiat Chrysler makes merger offer to RenaultFiat Chrysler makes merger offer to French rival Renault, in a deal to create a new third-ranked global manufacturer by gpiov_ Laurence_Frost Fiat is the beast👌 Tell them to use Japanese engines, all engine peripheral parts, complete air conditioning system if they want to compete the market and make the prices affordable low prices This is free of charge consultation BlanikZ Only Renault? And what a second part from alliance, Nissan-Mitsubishi?
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »