Paris, France | AFP | French carmaker Renault on Tuesday said it was studying “with interest” an offer for a merger with Fiat Chrysler (FCA) after a crunch management meeting but added its board would meet again for further deliberations. The board of Renault had been expected to decide Tuesday to …
Read More »Auto industry dented by latest Trump tariffs
New York, United States | AFP | President Donald Trump’s plan to impose tariffs on Mexico will affect myriad industries, but few are as exposed as automakers. Shares of several major automakers and auto suppliers dived five percent or more following Trump’s announcement Thursday night that the United States would impose …
Read More »Renault and Fiat Chrysler flirt with audacious mega-merger
Paris, France | AFP | French automaker Renault said Monday that it would study “with interest” a 50-50 merger proposal from Fiat Chrysler, a deal that could reshape the industry as Renault reviews its options following the arrest in Japan of its chief executive. Renault had for years tied its strategy …
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