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Fiat Chrysler and PSA Group sign binding merger agreement to form $67 billion company
News
18th Dec 2019
3 min read

Fiat Chrysler and PSA Group sign binding merger agreement to form $67 billion company

Fiat Chrysler (FCA) and the PSA Group have signed a definitive merger agreement. The two companies say they will, in time, generate two-thirds of its sales from just two platforms: one for compact cars, and one for compact and mid-size models. Each platform is expected to generate around three million sales per year globally.
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Derek Fung
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
Fiat Chrysler and Renault in talks to revive merger - report
News
10th Jun 2019
2 min read

Fiat Chrysler and Renault in talks to revive merger - report

High-level discussions are reportedly taking place between Renault and Fiat Chrysler (FCA) aimed at reviving the merger between the two companies, and gaining the approval of Nissan, Renault's alliance partner. Three sources have told Reuters John Elkann, chairman of FCA, has had talks with Jean-Dominique Senard, Renault's chairman, and Thierry Bollore, the French automaker's CEO, about bringing the proposed merger between the two companies back to life.
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Derek Fung
Nissan CEO unaware of Renault's desire to pursue merger with Fiat Chrysler
News
29th Mar 2019
1 min read

Nissan CEO unaware of Renault's desire to pursue merger with Fiat Chrysler

Sources have told The Financial Times Renault is hoping to start merger talks with Nissan within 12 months, and then work on purchasing Fiat Chrysler Automobiles (FCA). According to wire reports (via Automotive News), when Saikawa was asked about whether he knew about Renault's reported plans, he replied, "not at all".
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Derek Fung
Sergio Marchionne: A brief history of his time as CEO of Fiat and Chrysler
News
25th Jul 2018
7 min read

Sergio Marchionne: A brief history of his time as CEO of Fiat and Chrysler

Sergio Marchionne, head of Fiat since 2004 and Chrysler from 2009, has passed away aged 66 after complications arising from surgery. Known for his straight-talking style, workaholic lifestyle, and love of black wooly sweaters, Marchionne was not a noted "car guy", but his legacy includes turning around not one, but two automakers. He is survived by his partner Manuela Battezzato, and his sons Alessio and Tyler.
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Derek Fung