FILE PHOTO: Fiat Chrysler Automobiles worker Mario Marcello Giulisano poses at the entrance of the Mirafiori plant in Turin, Italy May 15, 2019. Picture taken May 15, 2019. REUTERS/Massimo Pinca/File Photo
MILAN - Italian government will defend national interest in the FCA- Renault merger and might ask for a stake in the new global automaker to match French state holdings, a prominent League ruling party lawmaker said on Monday. Fiat Chrysler has made a “transformative merger” proposal to Renault, the Italian carmaker said on Monday, in a deal which would create a world leader and help address some of the weaknesses in both automakers.“We might ask for symmetry” in governments’ stakes, he said.
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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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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?
Source: CNBC - 🏆 12. / 72 Read more »
Renault, Nissan, Mitsubishi may discuss a merger in the futureCar makers Renault, Nissan and Mitsubishi may discuss a merger later in the futu... Introducing the Renissubishi. Yes, because the Strategic Partnership that has been around since 1999 proves worthy and as a way to solidify the position of No.1 Electric Car sellers globally, the merger will be the best strategy. The future is skewed towards green energy & the market for electric car is huge.
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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 »
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?
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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?
Source: CNBC - 🏆 12. / 72 Read more »