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.
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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