Fiat Chrysler proposes Renault merger in auto industry shake-up

The French automaker said Monday that it would"study with interest" a proposal from Fiat Chrysler that would give its shareholders 50% ownership of a combined business with annual vehicle sales of 8.7 million. If completed, the merger would create the world's third largest carmaker behind Volkswagen and Toyota . General Motors would fall to fourth in the global rankings.Renault stock surged more than 15% in Paris on Monday, while Fiat Chrysler shares jumped around 11% in Milan.

They were formally merged in 2014. But Fiat Chrysler is a distant fourth in US sales and 8th globally. The company has also trailed its competitors in adopting electric vehicle and self-driving technology, which many deem the industry's inevitable future.Sergio Marchionne, its former CEO who passed away a year ago, had spoken openly of the need to merge Fiat Chrysler with a larger automaker to give it the scale and resources to compete.

Maybe three combined crappy car companies can churn out one decent car🤔

Reading this made my car's bumper fall off.

Because your transmission still isn’t important

Fiat = Junk. Renault = Junk. Chrysler = Junk. Owned all 3 products. Equals Super Junk!

Chrysler & fiat merged years ago & that was supposed to work but didn't so now they want to destroy another car company ?

CNN-is trying to hide the fact-Europe elections just turned -them 'PRO-TRUMP-ENGLAND,ITALY, and FRANCE-fact-23% of the remaining CNN skeletal staff-dont get CNN ay Home=hahhahahhhahhhhh

Toyota merge wiff Chevrolet to make Toylets, lmao, piss off uk fairy carland folkings.

Maybe Renault can fix my Ram TarnishedRims fcagroup

nothing good for Nissan earns more than 50% of the alliance.

Renault has an alliance with Nissan and MItsubishi, what will happen there?

I bought the first model of the Renault Alliance in 1983. It came from Chrysler-Jeep-Renault. Is Chrysler-Fiat going back to the well for more?

FCA after Renaults state handouts!

A 'powerhouse' of making really crappy cars, sure... 😜

Scottymechanic bout to drop a video 😂😂

Many, Many congratulations to PM Modi Gi to reelected by the people of India. He is the only person to grow the Indian economy and industry, hope his more success.

Terrible quality cars 👎🏼

Too many cars chasing too few customers in a business that’s ultimately in a slow but consistent decline. The ultimate waste makers 😐

Considering history, wouldn’t be the first time Chrysler ate Renault

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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?
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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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