28 05, 2019

Renault and Fiat Chrysler Investigate Merger

By |2019-06-29T17:18:15+10:00May 28th, 2019|Car News Misc|0 Comments

Renault’s Board of Directors met today to examine the proposal received from FCA (Fiat Chrysler Automobiles) regarding a potential 50/50 merger between Renault S.A. and FCA. After careful review of the terms of FCA’s friendly proposal, the Board of Directors decided to study with interest the opportunity of such a business combination, comforting Groupe Renault’s manufacturing footprint and creating additional [...]

22 07, 2018

FCA Gets New Boss After Old CEO Becomes Ill

By |2019-06-29T19:21:32+10:00July 22nd, 2018|Car News Misc|1 Comment

 Fiat Chrysler Automobiles N.V. (“FCA”) communicates with profound sorrow that, during the course of this week, unexpected complications arose while Mr. Marchionne. He was recovering from surgery and that these have worsened significantly in recent hours. As a consequence, Mr. Marchionne will be unable to return to work. The Board of Directors of FCA, meeting today, firstly expressed its [...]