The merger of Renault-Fiat: death and burial

0
4

The French minister of Economy and Finance, Bruno Le Maire and chief executive officer of Renault’s Thierry Bolloré are on the same wavelength, with the planned merger with Fiat a thing of the past. Bolloré said so on the press day of the Frankfurt motor Show: “We don’t talk to each other, it is a thing of the past: the offer was on the table, and in the meantime, no more”. Now, he admits that it is “unfortunate” is that the negotiations are not successful, because of a common modular platform could not sit down.

  • Read about the failure of the merger between Fiat and Renault.

Nissan

The current priority for Renault, and the French government, and is located in Japan. The recovery of Nissan, whose CEO Hiroto Saikawa has resigned, it is essential for the well-being of the group of the alliance between the Renaut, Nissan, and Mitsubishi. Of course, this has played a role in the decision of the company’s merger with Fiat, to be sure, because you are “unable to do two things at the same time, you can do it”.

  • To read about the resignation of Hiroto Saikawa.