The two car groups, PSA and Fiat Chrysler have confirmed Wednesday 30th October 2019 discussions to create a giant valued at some 50 billion dollars. A few months after its abortive merger with Renault, the Italian-American car manufacturer Fiat Chrysler discusses a merger with the other major French group in the sector, PSA, to give birth to the world […]
Continue Reading
The French manufacturer, Renault could see the state lower its stake in the capital. and could yield 15%, according to the Minister of Economy Bruno Le Maire. The priority is to “consolidate the alliance” Renault-Nissan before considering a rapprochement with another manufacturer, said Saturday the French Minister of Economy after the failure of negotiations between the diamond group and competitor […]
Continue Reading
For the Italian-American car manufacturer Fiat, the “political conditions currently in France are not met” to achieve the merger with the Renault group. The manufacturer Fiat Chrysler (FCA) withdrew in the night from Wednesday 5 to Thursday 6th June 2019, its proposed merger with Renault to form the world number 3 of the automobile, failing to obtain a […]
Continue Reading
The Minister of Finance, Bruno Le Maire demands that the proposed merger between Renault and Fiat provides guarantees of job preservation and maintenance of current industrial sites in France. Finance Minister Bruno Le Maire on Tuesday demanded that the proposed merger between Renault and Fiat builders does not lead to any plant closures in France , without considering an increase in the […]
Continue Reading
The two manufacturers are expected to announce, on Monday 27th May, 2019, a partnership that would make them the world’s largest manufacturer, with 16 million vehicles sold per year. Between them, they would form a new giant of the automobile : the French Renault and the Italian-American Fiat Chrysler are about to announce Monday 27th May, 2019 a project […]
Continue Reading