Fiat Chrysler Automobiles NV and Renault SA shares fell early Thursday after the Italian-American car maker pulled its offer to merge with its French counterpart, a move that would have created the world’s third-largest car maker by production, valued at a combined $40 billion.
Germany will not provide anything to this flotilla. merkel is to far up XiJinping arse. She is scared of loosing any commercial advantage by antagonising him. xijinping is merkels paymaster
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Renault shares are tanking after Fiat Chrysler scrapped their mega-mergerFiat Chrysler pulled its offer after Renault's board postponed making a decision for a second time.
Source: BusinessInsider - 🏆 729. / 51 Read more »
The Latest: FCA withdraws merger offer with RenaultPARIS (AP) — The Latest on the potential merger of carmakers Renault and Fiat Chrysler (all times local): 1 a.m. Fiat Chrysler says it has withdrawn an offer to merge with French... horacioalonso16 Fiat and Renault is a merger not seen since Kmart and Sears. Why? I can pretend I have three cars if that was a the case! FIAT-CHRYSLER-RENAULT
Source: AP - 🏆 728. / 51 Read more »
Fiat Chrysler withdraws merger proposal for RenaultFiat Chrysler is reportedly withdrawing its merger proposal for Renault
Source: CNBC - 🏆 12. / 72 Read more »
Fiat Chrysler Withdraws Merger Offer for RenaultFiat Chrysler has withdrawn its proposal to merge with Renault after the French auto maker’s alliance partner, Nissan Motor, refused to back the deal. So the world’s largest manufacturer of unwanted cars ain’t gonna happen? Less than a week after they offered it? Somebody must have bought a ton of options the past days. Excellente nouvelle, Renault n’aurait jamais dû considérer une offre aussi ridicule
Source: WSJ - 🏆 98. / 63 Read more »
Fiat Chrysler withdraws proposed merger with RenaultFiat Chrysler has withdrawn its proposal to merge with French automaker Renault — a deal that would have reshaped the global auto industry and helped the carmakers compete in the race for electric and self-driving vehicles. We need electric cars! Chrysler sucks anyhow.
Source: CNN - 🏆 4. / 95 Read more »
Fiat Chrysler withdrawing Renault merger offer blamed on French government meddlingFiat Chrysler has withdrawn an offer for a merger-of-equals with Groupe Renault, and people close to the negotiations between the two companies are pointing the finger at what they described as meddling by the French government. french and germans just buy french and german and hold back on global production of really anything right now... they aint buying ours they havent for years.. we dont need em we doin fine It's a sad moment. I really enjoyed my Renault and was hoping they'd return to the US market.
Source: CNBC - 🏆 12. / 72 Read more »