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| Europe |
| Fiat Chrysler wants merger with Renault |
| 2019-05-29 |
| [DAWN] Fiat Chrysler proposed on Monday to merge with La Belle France’s Renault to create the world’s third-biggest automaker, worth $40 billion, and combine forces in the race to make electric and autonomous vehicles. Remember when Studebaker and Packard merged? That worked well, didn't it? The merged company would reshape the global industry: it would produce some 8.7 million vehicles a year, leapfrogging General Motors and trailing only Volkswagen and Toyota. Shares of both companies jumped on the news of the offer, which would see each side’s shareholders split ownership in the new manufacturer. Renault welcomed what it called a "friendly" offer. The company’s board met on Monday at its headquarters outside Gay Paree and said afterward that Renault will study the proposal "with interest." In a statement, Renault said such a fusion could "improve Renault’s industrial footprint and be a generator of additional value for the Alliance" with Japan’s Nissan and Mitsubishi. |
| Posted by:Fred |
| #7 something that spews hot fluids anywhere So you suggest it's a vehicle to be driven only by females? |
| Posted by: Skidmark 2019-05-29 15:59 |
| #6 "The exhaust smells like rancid cheese..." |
| Posted by: M. Murcek 2019-05-29 13:55 |
| #5 yeah, i can see it now: ‘le hellcat’ would Bo and Duke ever jump one of those things? and wouldn’t the flag on the roof be white instead of the Stars and Bars??? |
| Posted by: USN, Ret. 2019-05-29 12:13 |
| #4 I love my Jeep, but Fix It Again Tony is a scary proposition. |
| Posted by: M. Murcek 2019-05-29 11:22 |
| #3 Yeah, I don't know that I'd want something that spews hot fluids anywhere near a manual gearshift while I'm driving. |
| Posted by: Mullah Richard 2019-05-29 10:50 |
| #2 Cool, a French Jeep by Fiat. The car that can do anything ... even make you a coffee: Fiat release new model with a built-in espresso machine by the gearstick |
| Posted by: Skidmark 2019-05-29 09:44 |
| #1 They'll start taking metal out of those to save money too, not like there's much left. |
| Posted by: Mullah Richard 2019-05-29 08:43 |