Macron Throws a Wrench in Renault-Fiat Chrysler Merger Hopes

  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The French president urged Renault to focus on generating cost savings with its partner Nissan, rather than reshaping their 20-year alliance

Renault SA’s hopes of resuming merger talks with Fiat Chrysler Automobiles NV took a blow Thursday when President Emmanuel Macron urged the French car maker to focus on achieving cost savings with partner Nissan Motor Co. rather than reshaping their 20-year alliance.

Fiat Chrysler withdrew its offer to merge with Renault earlier this month after the French government sought more time to ensure Nissan was on board with the deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines