FILE PHOTO: People look on Renault cars during the international motor show Auto 2019 in Riga, Latvia April 13, 2019. REUTERS/Ints Kalnins/File Photo
PARIS - Renault board members will meet informally for work sessions within days with a view to a decision early next week on whether to go ahead with Fiat Chrysler merger talks, two sources with knowledge of the matter said. The board is likely to decide next week on whether to sign a non-binding agreement with FCA to proceed with its proposal to negotiate a full merger, the people said on Monday.
FCA pitched a finely balanced merger of equals to Renault on Monday to create the world’s third-biggest automaker.
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A merger between Renault and Fiat-Chrysler is completely bonkers madness. Ask AMC how their tie-up with Renault went. What, you can't ask AMC because they're dead? This would be DOA if we actually had a functioning government and a real trade representative.
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Italian government might ask for symmetry with Paris in FCA-Renault merger - League lawmakerItalian government will defend national interest in the FCA- Renault merger and ... continuous consolidation of the automotive industry is a sign of weakness and potential disaster. creation of too big to fail monsters will end up on the liability side of respective governments' balance sheets. this should be avoided at all costs.
Source: Reuters - 🏆 2. / 97 Read more »
Fiat Chrysler submits proposal for a merger with RenaultThe combined business would be owned 50/50 between shareholders of FCA and Groupe Renault. it is a shame that Europe‘s policy did not recognize FIAT’s low CO2 fleet emissions. Having the possibility monetizing that, no market concentration would be necessary Would Nissan be included in the merger as well?
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Italian government might ask for symmetry with Paris in FCA-Renault merger - League lawmakerItalian government will defend national interest in the FCA- Renault merger and ... continuous consolidation of the automotive industry is a sign of weakness and potential disaster. creation of too big to fail monsters will end up on the liability side of respective governments' balance sheets. this should be avoided at all costs.
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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?
Source: WSJ - 🏆 98. / 63 Read more »