Business

FCA Ponders Richer Offer for Renault Merger Bid

June 03, 2019 at 12:07 AM

Fiat Chrysler Automobiles NV reportedly is considering sweeteners to build more support from the French government for its proposed $35 billion merger with Renault SA.

Renault Plans June 4 Decision on FCA Merger Talks

May 31, 2019 at 10:12 AM

Renault SA says its board will decide on June 4 whether to open merger talks with Fiat Chrysler Automobiles NV, Reuters reports.

FCA Chairman Asks to Meet with Nissan, Mitsubishi

May 30, 2019 at 2:28 PM

Fiat Chrysler Automobiles Chairman John Elkann reportedly has asked to meet with the CEOs of Nissan and Mitsubishi Motors to discuss the proposed merger between FCA and Renault.

Mahindra to Spend $2.5 Billion on Capacity, Products

May 30, 2019 at 12:50 PM

India’s Mahindra & Mahindra Ltd. says it will hike spending 20% to 180 billion rupees ($2.5 billion) through 2022 to expand production, develop new models and create “greener” powertrains.

Tavares Sees FCA “Takeover” in Merger with Renault

May 29, 2019 at 4:52 PM

PSA Group CEO Carlos Tavares tells to his top executives that the proposed merger of Fiat Chrysler Automobiles and Renault would be a “virtual takeover of Renault by Fiat.”

Nissan CEO Sees No Major Problems with Renault-FCA Merger

May 29, 2019 at 3:41 PM

CEO Hiroto Saikawa tells reporters that Nissan detects no “particularly negative” aspect of the proposed merger between Renault and Fiat Chrysler Automobiles.

Infiniti Moving HQ Back to Japan in 2020

May 29, 2019 at 9:29 AM

Nissan Motor Co.’s Infiniti unit says it will move its headquarters from Hong Kong, where it has been located for seven years, back to Japan in mid-2020.

Possible Renault-FCA Merge a Threat to Nissan’s CEO

May 29, 2019 at 1:10 AM

The outlook for the 20-year-old Renault-Nissan alliance has clouded since last weekend’s news that Renault and Fiat Chrysler Automobiles are considering a merger.

How FCA and Renault Merger Plan Evolved

May 28, 2019 at 2:14 PM

The blockbuster merger proposal between Renault SA and Fiat Chrysler Automobiles NV was borne out of secret one-on-one meetings between the chairmen of both companies over the past few weeks.

Elkann Touts Benefits for Nissan of a FCA-Renault Merger

May 28, 2019 at 10:24 AM

Having Nissan and its Mitsubishi Motors affiliate join the proposed merger of Renault SA and Fiat Chrysler Automobiles would benefit all four companies, says FCA Chairman John Elkann.

Tesla Stock Price Down 45% This Year

May 28, 2019 at 1:49 AM

Shares in Tesla Inc. closed last Friday below $191, down 45% from their price in mid-January.

Renault to Decide in Days on FCA Merger Talks

May 28, 2019 at 12:00 AM

Renault SA’s board is expected to decide within the next several days whether to launch discussions with Fiat Chrysler Automobiles NV about merging the two carmakers.