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Renault could reduce Nissan stake to revive Fiat Chrysler merger - report
News
4th Aug 2019
1 min read

Renault could reduce Nissan stake to revive Fiat Chrysler merger - report

Renault and Nissan are reportedly in talks to rebalance their alliance with the aim of restarting Renault's proposed merger with Fiat Chrysler (FCA). Sources have told The Wall Street Journal about the discussions, which centre around plans to reduce Renault's 43.4 per cent shareholding in Nissan. Any reduction in Renault's Nissan stake would require the approval of the French government, which holds a 15 per cent share and supersized voting rights in the French automaker.
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Derek Fung
Bill Ford discussed merger with Fiat Chrysler
News
12th Jun 2019
2 min read

Bill Ford discussed merger with Fiat Chrysler

Bill Ford, chairman of Ford, has revealed he had discussions with Sergio Marchionne, then-CEO of Fiat Chrysler (FCA), about merging the two companies. At the EcoMobility conference in Tel Aviv, Ford revealed to journalists, including those from Automotive News Europe, he had a "number of dinners together [with Marchionne] talking about ... whether Ford and FCA would be a good fit". Saying "the timing certainly wasn't ideal", the discussions didn't end in a deal.
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Derek Fung
FCA withdraws Renault merger proposal
News
6th Jun 2019
2 min read

FCA withdraws Renault merger proposal

Fiat Chrysler Automobiles (FCA) has announced it's withdrawing its proposal to merge with Groupe Renault, in a press release issued this morning. "The Board of Fiat Chrysler Automobiles N.V., meeting this evening under the Chairmanship of John Elkann, has resolved to withdraw with immediate effect its merger proposal made to Groupe Renault," the statement said.
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James Wong
Fiat Chrysler teams with Tesla to avoid EU emissions fines
News
8th Apr 2019
2 min read

Fiat Chrysler teams with Tesla to avoid EU emissions fines

With EU emissions regulations tightening up in the next few years, some automakers have begun to embrace partial or full electrification as a way of avoid hefty fines. Although Fiat Chrysler (FCA) has announced plans to launch make Maserati a largely electric brand, add plug-in hybrids to its Jeep range, and make the next-generation Fiat 500 fully electric, none of these moves will help much in the short term.
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Derek Fung
Fiat Chrysler 'very open' to mergers, partnerships, joint ventures
News
11th Mar 2019
2 min read

Fiat Chrysler 'very open' to mergers, partnerships, joint ventures

Fiat Chrysler CEO Mike Manley has confirmed the carmaker is "very open" to working with other manufacturers in essentially any form, as he looks for "any deal that would make Fiat stronger". Speaking with Automotive News at the Geneva motor show, he confirmed he's "very open" to working with other car makers in any way, shape or form, and is amenable to "any deal that would make Fiat stronger".
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Derek Fung