The merger still requires approval by the boards of both automakers.
Fiat Chrylser said the combined entity would generate savings of 5 billion euros annually and be "carried out as a merger transaction under a Dutch parent company." During Fiat Chrysler's most recent earnings call, CEO Mike Manley was asked about the possibility of merging with another automaker and told analysts. "We are going into an environment where there are going to be opportunities."
For Renault, the partnership with FCA renews speculation the French automaker's alliance with Japan-based Nissan may not last.
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Would Nissan be included in the merger as well?
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
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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.
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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?
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