An employee walks past Toyota logo at Rolf, an automotive dealer in Moscow, Russia April 12, 2019. REUTERS/Maxim Shemetov TOKYO (Reuters) – Toyota Motor Corp and Subaru Corp on Thursday said they plan to jointly develop a battery-electric sport-utility vehicle (SUV) on a platform produced together as they seek to split the cost of producing… Continue reading Toyota, Subaru team up to develop electric SUV in battle against costs
Tag: Renault
Fiat Chrysler withdraws bid for Renault
Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to reach agreement because French government representatives had requested a postponement. The French government is the… Continue reading Fiat Chrysler withdraws bid for Renault
The Fiat Chrysler-Renault merger is dead over suboptimal ‘political conditions’
A proposed merger between Fiat Chrysler-Renault, which would have created the third largest global automaker, is off. Fiat Chrysler Automobiles withdrew its offer, The Wall Street Journal reported. FCA confirmed to TechCrunch that it has withdrawn its offer, largely due to political conditions. “FCA remains firmly convinced of the compelling, transformational rationale of a proposal… Continue reading The Fiat Chrysler-Renault merger is dead over suboptimal ‘political conditions’
FCA Withdraws Merger Proposal to Groupe Renault
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UPDATE 1-Fiat Chrysler withdraws merger offer for Renault
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
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