Posted Dec 18 2019 at 6:04 pm Like all mergers “between equals”, the great Franco-Italian wedding of the day will not be free from risks. How to ensure, first, that the former shareholders of the two groups, PSA and Fiat Chrysler, are not injured? How can we guarantee balanced governance that respects everyone’s interests? A… Continue reading PSA-Fiat Chrysler governance: a fragile balance at the head of the new champion
Author: Les Echos (French)
PSA-Fiat Chrysler: the three subjects to watch out for in the marriage contract
Posted Dec 16 2019 at 6:45 am PSA and Fiat Chrysler are on track to meet the schedule they had set. After making it public their union project October 31, the two manufacturers are expected to announce this week that they have agreed to the signing of an engaging agreement (a “memorandum of understanding” in… Continue reading PSA-Fiat Chrysler: the three subjects to watch out for in the marriage contract
Renault-Nissan Alliance: Makoto Uchida wants to “restore” confidence
Posted on 12 Dec 2019 at 12:49 What Makoto Uchida wants for his teams within Nissan, he also wants it for the Alliance with Renault and Mitsubishi. For Nissan’s new CEO, who took office on December 1, 2019, “restoring” trust with both partners is a top priority. For this, a key word, “transparency”. “To respect… Continue reading Renault-Nissan Alliance: Makoto Uchida wants to “restore” confidence
Death of Gérard Detourbet, the father of Renault’s low-cost car
A legendary member of the Renault group, Gérard Detourbet died at the age of 73. Considered as the father of the “low-cost” range, with the Logan, Sandero, Duster or Kwid models, he was recalled by Carlos Ghosn to lead the offensive in India. Holder of a doctorate in mathematics, Gérard Detourbet began his career at… Continue reading Death of Gérard Detourbet, the father of Renault’s low-cost car
Renault and Nissan flesh out the common structure created after the Ghosn scandal
It takes many arms to restart the machine. Renault, Nissan and Mitsubishi, destabilized for months by the legal difficulties of their former boss Carlos Ghosn , decided to flesh out the new steering structure of their alliance. Gathered at the monthly Operational Council – device created last spring on the initiative of Jean-Dominique Senard to… Continue reading Renault and Nissan flesh out the common structure created after the Ghosn scandal
Car manufacturers fear a breakdown of the French market in 2020
Posted on Nov. 29, 2019 at 6:50 am Notice of air hole on the French car market. Builders and dealers all murmur, they fear that the first months of 2020 are devastated in terms of sales. The cause ? The wait-and-see attitude of the customers, who could be many to postpone their purchase for a… Continue reading Car manufacturers fear a breakdown of the French market in 2020
Auto: the fall of diesel pauses
Posted on Nov. 29, 2019 at 6:30 am Would diesel make resistance? After having literally collapsed in recent years, the proportion of sales of new cars running on diesel seems to be stabilizing. From 73% in 2012, she fell to 39% in 2018 and 34% on average over the first ten months of 2019. But… Continue reading Auto: the fall of diesel pauses
PSA will sell its shares in its Chinese joint venture Capsa
Posted Nov 28, 2019 at 9:05 pm The “New strategic approach” PSA for its DS brand will result in the disengagement of its Chinese joint venture Capsa, says Reuters on Thursday. The plan to sell the shares of the manufacturer tricolor (50%) will be presented Friday to the unions, and will be studied later by… Continue reading PSA will sell its shares in its Chinese joint venture Capsa
Japanese justice allows Carlos Ghosn to talk for an hour with his wife
Posted on Nov. 21, 2019 at 3:14 pm Seven months later his release on bail under very strict conditions Carlos Ghosn will be able to speak, for the first time, for an hour, with his wife Carole this Friday. When he was released from prison last April, the court imposed extremely strict conditions on him,… Continue reading Japanese justice allows Carlos Ghosn to talk for an hour with his wife
Electric car: Volkswagen invests foot on the floor
Posted Nov 18, 2019 at 7:00 am Volkswagen, which already gave the competition to its competitors with its colossal resources and unmatched sales, decided to drive the point. The world’s largest manufacturer announced Friday, during the annual update of its investment plan, that it intends to invest 60 billion euros in the period 2020-2024 in… Continue reading Electric car: Volkswagen invests foot on the floor