Sunday, 26 May 2019 () French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger. Such an alliance would be the world's biggest with estimated total production of some 16 million vehicles. Renault's current major partnership is with Japan's Nissan, in which it holds 43 per cent.
Fiat Chrysler has proposed a €32.6 billion ($36.5 billion) all-share merger with fellow automakers Nissan and Renault. The deal could create the world's third-largest car manufacturer, behind Volkswagen and Toyota. Fiat Chrysler (FCA) and Renault would each own 50% of the businesses, which would be...
According to a report by Reuters, on Sunday, French Finance Minister Bruno Le Maire said it was vital that Renault and Nissan Motor strengthen their alliance as the auto industry undergoes rapid change..
TOKYO (AP) — Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to... SeattlePI.com Also reported by •Seattle Times •MoneyWeek •Business Insider