Goldman against Goldman. While negotiations go into the heat between Fiat-Chrysler, Renault and Nissan and only three days after the announcement, the French camp evokes already a bonus faced with the offer of the Italians, a game at the top is emerging between the merchant banks. François-Xavier de Mallmann , fine connoisseur of the empire… Continue reading Fiat-Renault: top duel between investment banks
Tag: FCA
Deft diplomacy needed for FCA-Renault merger
Proposed tie-up brings threat of internal and external culture clashes Go to Source
Roadblocks facing Fiat Chrysler and Renault deal
Politics, board seats and arguments over valuations could yet scupper $33bn merger Go to Source
Ferrari reveals its most powerful road car: SF90 Stradale hybrid
Ferrari reveals its most powerful road car: SF90 Stradale hybrid
Nissan CEO sees no major downside to $35b FCA-Renault merger
Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it said on Wednesday in a lukewarm endorsement of the proposed $35 billion tie-up, which would complicate an already uneasy alliance. The leaders of Nissan Motor Co, France’s Renault SA and junior partner Mitsubishi Motors Corp gathered at Nissan‘s headquarters in Yokohama for a scheduled alliance meeting which was overshadowed… Continue reading Nissan CEO sees no major downside to $35b FCA-Renault merger
Waymo is bringing its self-driving trucks back to Arizona
Waymo, the autonomous vehicle company under Alphabet, is bringing its self-driving trucks back to Arizona. The company’s autonomous Chrysler Pacifica hybrid vehicles, which are used in its Waymo One ride-hailing service, are a common sight on public streets in Chandler and other suburbs of Phoenix. But its self-driving Class 8 big rig trucks haven’t been… Continue reading Waymo is bringing its self-driving trucks back to Arizona
Peugeot Chief Sees Fiat Deal as ‘Virtual Takeover’ of Renault
Fiat Chrysler Automobiles NV’s plan to merge with Renault SA drew criticism from the French carmaker left on its own, Groupe PSA, that contrasts with backing for the deal from investors and governments.
FCA, Renault face tall odds delivering on cost-cutting promises in merger
FRANKFURT/DETROIT (Reuters) – Fiat Chrysler Automobiles NV and Renault SA promise huge savings from a mega-merger, but such combinations face tall odds because of the industry’s long product cycles and problems translating deal blueprints into real world success, industry veterans told Reuters. FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S.… Continue reading FCA, Renault face tall odds delivering on cost-cutting promises in merger
Auto supplier Cooper-Standard not interested in bidding for Turkey’s Teklas-CEO
DETROIT (Reuters) – U.S. auto parts supplier Cooper-Standard Holdings Inc is not interested in buying Turkey’s Teklas Kaucuk, which supplies such carmakers as General Motors and BMW, Cooper-Standard’s top executive said on Wednesday. Cooper-Standard, based outside Detroit, is not interested in expanding in Europe given that region’s uncertainties at the moment, Chairman and Chief executive… Continue reading Auto supplier Cooper-Standard not interested in bidding for Turkey’s Teklas-CEO
Nissan tells Renault ‘not opposed’ to Fiat Chrysler merger plan -Nikkei
TOKYO (Reuters) – Nissan on Wednesday told Renault it wasn’t opposed to its partner’s potential $35 billion merger with Fiat Chrysler, the Nikkei newspaper said, as the two met to hash out the future of their alliance amid a deal that could upend the auto industry. FILE PHOTO: The logos of car manufacturers Renault and… Continue reading Nissan tells Renault ‘not opposed’ to Fiat Chrysler merger plan -Nikkei