FILE PHOTO: The logos of Renault and Fiat carmakers are seen in Nice, France, June 3, 2019. REUTERS/Eric Gaillard PARIS (Reuters) – Fiat Chrysler said on Wednesday it was withdrawing its $35 billion merger offer for Renault, calling off what would have been a landmark deal to create the world’s third-biggest automaker. A source close… Continue reading UPDATE 1-Fiat Chrysler withdraws merger offer for Renault
Tag: Renault
FCA, France reach tentative agreement on Renault merger -sources
FILE PHOTO: The logos of Renault and Fiat carmakers are seen in Nice, France, June 3, 2019. REUTERS/Eric Gaillard PARIS/MILAN (Reuters) – Fiat Chrysler has reached a tentative agreement with France on the terms of its proposed merger with Renault, two sources told Reuters, as the French carmaker’s board met to consider the bid late… Continue reading FCA, France reach tentative agreement on Renault merger -sources
M5S: “Fca-Reanault, Italy is the protagonist of negotiations to protect our interests”
The Turin M5S deputy in the Labor Commission Jessica Costanzo and the M5S council groups in the Turin and Piedmont Region intervene on the French government’s statements regarding the merger of FCA and Renault. “Serious the claim attributed to the French Ministry that would claim the headquarters in Paris and extraordinary dividends – the 5-star… Continue reading M5S: “Fca-Reanault, Italy is the protagonist of negotiations to protect our interests”
Rosso (Fdi): “Polo of luxury in Turin, Fca-Renault can be an advantage”
“The Piedmont Region and the Municipality of Turin can and must take immediate action to ensure that the Fca-Renault merger becomes a job opportunity for our territory, avoiding any risk of job loss”. Roberto Rosso, newly elected regional councilor of Brothers of Italy, believes that “if in Turin we succeed in truly establishing the pole… Continue reading Rosso (Fdi): “Polo of luxury in Turin, Fca-Renault can be an advantage”
Fusion project with Fiat worries Renault unions
Between opposition and circumspection. For the past ten days, the Losange unions have also been working on the surprise proposal made by Fiat Chrysler Automobiles (FCA) for a big “equals” marriage with Renault. And their early work has not resulted for the moment on a massive enthusiasm, to say the least. The CGT has already… Continue reading Fusion project with Fiat worries Renault unions
GROUPE RENAULT: Communication of the board of directors on the findings of the joint RNBV audit
PRESS RELEASE 2019/06/04Communication of the board of directors on the findingsof the joint RNBV auditBoulogne-Billancourt, June 4th, 2019 – Renault’s Board of Directors today reviewed the final findings of the Joint Audit Mission that was commissioned jointly with Nissan in respect of their jointly-owned subsidiary RNBV. These findings confirmed the existence of deficiencies within RNBV… Continue reading GROUPE RENAULT: Communication of the board of directors on the findings of the joint RNBV audit
Doubting millions spent with a daughter in the Netherlands: Ghosn affair at Renault – France reimbursed
Behrouz Mehri / AFP Carlos Ghosn: Now he faces the threat in the Netherlands too France has announced legal action in the affair surrounding former Renault top manager Carlos Ghosn. It will be reported, confirmed the French Minister of Economy Bruno Le Maire on Wednesday the TV station BFMTV. If the state is a company… Continue reading Doubting millions spent with a daughter in the Netherlands: Ghosn affair at Renault – France reimbursed
Nissan representatives on Renault board to abstain on FCA merger
Meeting on Tuesday to debate and vote on proposed €33bn deal Go to Source
Activist hedge fund CIAM will ‘strongly oppose’ FCA-Renault deal
FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign is seen at the U.S. headquarters in Auburn Hills, Michigan, U.S. May 25, 2018. REUTERS/Rebecca Cook/File Photo LONDON (Reuters) – Activist hedge fund CIAM has written to the board of French automaker Renault to say it “strongly opposed” a planned $35 billion merger with Fiat Chrysler. Calling… Continue reading Activist hedge fund CIAM will ‘strongly oppose’ FCA-Renault deal
Car sales in Italy fall 1.19% in May and reach 197,307 units
Posted 04/06/2019 11:02:14 PM ROME, Jun 4 (EUROPA PRESS) – Sales of cars and SUVs in the Italian market stood at 197,307 units during the month of May, down 1.19% compared to the 199,692 units delivered in that month of 2018. According to data from the National Archive of Vehicles of Italy collected by Europa… Continue reading Car sales in Italy fall 1.19% in May and reach 197,307 units