Home > Fiat Chrysler And Renault Reveal They May Join Forces in 50/50 Merger

Business
Fiat Chrysler And Renault Reveal They May Join Forces in 50/50 Merger

Description

According to Business Insider, Fiat Chrysler Automobiles and Renault have revealed plans to execute a 50/50 merger with a new parent company holding the combined entity. The proposed partnership will result in the creation of the world's 3rd-largest automaker. Renault has been in a longtime alliance with Nissan and Mitsubishi; that could be coming to an end depending on the outcome of engineer Carlos Ghosn's trial in Japan on charges of financial malfeasance. To analysts, the proposed merger looks like a partnership of two companies that have struggled as the auto industry has witnessed surging sales since the financial crisis.

Added on the 27/05/2019 19:41:22 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Alpine 50 shades of blue - an iconic colour in motion

    Close your eyes a moment and imagine you’re gazing at an Alpine! There’s every chance you will picture it in blue. In the collective subconscious, that is the colour most readily associated with Renault Group’s sports car brand as a result of its use for race, rally and road cars over a period of decades. But, as Design Director Antony Villain explains, there isn’t just one Alpine Blue…Yet blue was by no means the finish of choice in the early days. When founder Jean Rédélé first presented his early production to the then-Renault CEO Pierre Dreyfus at the Régie’s headquarters near Paris in 1955, he showed up with one blue car, one white and a third in red.Then, when he made his first steps in motorsport behind the wheel of the diminutive A106, his steeds were either white or light blue. At the time, red, white and yellow were more popular than blue for Alpine’s road cars. Furthermore, the diminutive A106s that Rédélé ran in motorsport were either white or light blue.

    10/12/2021 - Auto Moto EN
  • Special meeting at PSA to ratify merger with Fiat-Chrysler

    PSA's shareholders meeting by videoconference for an extraordinary general meeting to ratify the merger with the Italian-American manufacturer Fiat-Chrysler (FCA), creating the new Stellantis group, which becomes the fourth largest automobile group in the world. IMAGES

    04/01/2021 - AFPTV - First images
  • PSA and Fiat Chrysler merger is "good news for France and Europe" says French Economy Minister

    The merger of Peugeot-maker PSA and Fiat Chrysler is "good news both for France and for the European industry", says French Economy minister Bruno Le Maire. SOUNDBITE

    31/10/2019 - AFPTV - First images
  • 2019 New Renault ZOE Z.E. 50 in Celadon Blue Colour tests drive in Sardinia

    Renault’s electric runabout has been on the market since 2012 – with a big update in 2016 – so time has come for the Zoe to make the transition to a thoroughly revised version. Judging solely by the exterior styling, some would be tempted to say it’s more of the same, but in reality, the zero-emissions city car has gone through quite a few changes to better rival new competition coming from the Peugeot e-208 and the Opel Corsa-e.Growing from a 22-kWh battery pack of the original version to a 41-kWh setup of the Zoe Z.E. 40 launched a couple of years ago, the Zoe is now getting an even larger 52-kWh pack. Known as the Zoe Z.E. 50, the pint-sized EV can travel for as much as 390 kilometers (242 miles) on a single charge based on the Worldwide Harmonized Light Vehicle Test Procedure (WLTP), which is 20 percent more than before.To “fill up” the battery pack, the charging socket remains hidden behind the Renault logo on the front grille where you’ll find both the type-2 socket for AC charging and the two-pin connector for DC charging for up to 50 kW. A full recharge takes 9 hours and 25 minutes from a 7kW wallbox or 8 hours if you estimate around 306 kilometers (190 miles) of charge will be enough for your next trip.

    26/09/2019 - Auto Moto EN
  • 2019 New Renault ZOE Z.E. 50 Design in Celadon Blue Colour

    Renault’s electric runabout has been on the market since 2012 – with a big update in 2016 – so time has come for the Zoe to make the transition to a thoroughly revised version. Judging solely by the exterior styling, some would be tempted to say it’s more of the same, but in reality, the zero-emissions city car has gone through quite a few changes to better rival new competition coming from the Peugeot e-208 and the Opel Corsa-e.Growing from a 22-kWh battery pack of the original version to a 41-kWh setup of the Zoe Z.E. 40 launched a couple of years ago, the Zoe is now getting an even larger 52-kWh pack. Known as the Zoe Z.E. 50, the pint-sized EV can travel for as much as 390 kilometers (242 miles) on a single charge based on the Worldwide Harmonized Light Vehicle Test Procedure (WLTP), which is 20 percent more than before.To “fill up” the battery pack, the charging socket remains hidden behind the Renault logo on the front grille where you’ll find both the type-2 socket for AC charging and the two-pin connector for DC charging for up to 50 kW. A full recharge takes 9 hours and 25 minutes from a 7kW wallbox or 8 hours if you estimate around 306 kilometers (190 miles) of charge will be enough for your next trip.

    26/09/2019 - Auto Moto EN
  • 2019 New Renault ZOE Z.E. 50 tests drive in Sardinia

    With increased power and range, a host of technological improvements and distinctive new looks, the new Renault ZOE is more desirable than ever.The launch of the third generation of Renault's flagship vehicle in its 100% electric range is a major milestone in Renault's commitment to large scale electric vehicle development. Seven years after the release of its best-selling predecessors, New ZOE has evolved in versatility, quality and technology to offer superior features while still remaining affordable.On the outside, the New ZOE continues to deliver distinctive and fresh design, while the interior has been completely overhauled, with a fully redesigned instrument panel and dashboard for improved comfort.Under the skin the New Renault ZOE gets a powerful 52 kWh battery that delivers a range of up to 242 miles (WLTP). There are also more recharging options, including the introduction of an optional direct current (DC) charger. And with the availability of a muscular 100 kW motor on GT Line models, the New ZOE offers even more driving pleasure.Elsewhere, the New ZOE is equipped with many innovative features. The Renault EASY CONNECT services deliver increased connectivity, plus there are extra driving aids, a 10-inch TFT instrument cluster, the Renault EASY LINK multimedia system and a new B Mode, which has been perfected for urban driving. All have been designed to make everyday driving easier and more enjoyable.And as a pioneer and leader in electric mobility in Europe, Renault has unparalleled knowledge of the needs and expectations of this booming market.

    16/09/2019 - Auto Moto EN

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34