A PSA Group logo is seen behind a car displayed during French carmaker's A PSA Group logo is seen behind a car displayed during French carmaker's news conference as they announce the company's 2018 results at their headquarters in Rueil-Malmaison, near Paris, France, February 26, 2019. REUTERS/Christian Hartmann
PARIS - Peugeot-maker PSA’s shares fell on Monday, which some analysts put down to the fact that Fiat had chosen to seek a merger with Renault rather than PSA. PSA’s shares were down 2.4 percent in early session trading, in sharp contrast to Renault which surged 12 percent. “Near term, both Renault and FCA shares should perform well today while Peugeot, previously seen as the top candidate for a tie-up with FCA, should underperform,” wrote brokerage Oddo in a note.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
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.
Source: WSJ - 🏆 98. / 63 Read more »
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?
Source: Reuters - 🏆 2. / 97 Read more »