FCA proposes 50:50 merger with Groupe Renault
Green Car Congress
MAY 27, 2019
Fiat Chrysler Automobiles N.V. delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger. The combined business would sell approximately 8.7 million vehicles annually. The combination would create a brand portfolio that would provide full market coverage with a presence in all key segments from luxury/premium brands, such as Maserati and Alfa Romeo, to the strong access brands of Dacia and Lada, and would include the we
Let's personalize your content