Talks between Fiat Chrysler and Renault to create one of the world’s largest automakers ran into a familiar problem in France: the government itself. Source: NYT > Business – Liz Alderman
Fiat Chrysler Withdraws Its Offer for Renault
The plan had faced resistance by some Renault shareholders who argued that the Italian-American conglomerate was undervaluing a crown jewel of French industry. Source: NYT > Business – Liz Alderman
Fiat and Renault Try to Reassure French Officials and Nissan
With Renault’s board set to meet Tuesday to discuss a merger, France’s finance minister wants the government to have a seat on any new board, and Nissan spoke of a “fundamental review” of its current alliance. Source: NYT > Business – Liz Alderman
A Fiat Chrysler-Renault Merger Would Put Nissan in a Bind
Nissan’s clout could be diminished by a merger between its longtime partner Renault and Fiat Chrysler. How it responds could help reshape the global auto industry. Source: NYT > Business – Jack Ewing, Liz Alderman and Ben Dooley