When John Elkann lost his ally last year with the sudden death of Sergio Marchionne, some questioned whether the softly-spoken scion of the Agnelli clan would be able to emerge from his shadow to ensure Fiat Chrysler’s future.
EU-U.S. talks that could prevent the United States imposing punitive car tariffs have made some progress, but Washington must decide if it wants to negotiate with Brussels on a broad removal of import duties, the EU trade chief said on Monday.
Italy’s Deputy Prime Minister Matteo Salvini said on Monday the Rome government should take a stake in a combined Fiat Chrysler- Renault group if necessary, given the importance of the car sector for the domestic economy.
The United States will find it “very difficult” to defend President’s Donald Trump’s proposed car tariff against any challenge at the World Trade Organization, a veteran trade adjudicator who has ruled on a related case told Reuters.
The ties between French banker Benoit d’Angelin and President Emmanuel Macron could prove useful as d’Angelin’s boutique firm joins Goldman Sachs and Nomura to help arrange Fiat’s proposed merger with Renault.
The rise of the Greens, the “Greta effect” of a young Swedish climate activist and the entry of French President Emmanuel Macron’s party into the European Parliament are likely to result in a more defensive and climate-oriented EU trade policy.
Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker.
IKEA is launching a new app to allow customers to shop remotely for products they can visualize in the context of their own homes, lessening the need for them to travel to its vast network of self-service, out-of-town stores.
Fiat’s experience with Chrysler shows the scope of what Fiat Chrysler (FCA) could achieve in the next few years if a proposed merger with Renault went through, the chairman of the Italian-American car maker said on Monday.
Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to confront the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker.
Oil rose to about $69 a barrel on Monday, supported by Middle East tensions and OPEC-led supply cuts, though concern over the U.S.-China trade dispute and global economy capped gains.
Italian-American carmaker Fiat Chrysler on Monday proposed a merger of equals with France’s Renault in a deal that could create the world’s third-biggest carmaker and trigger a fresh round of industry consolidation.
European shares rose on Monday as investors snapped up automaker stocks following confirmation of merger talks between Fiat Chrysler and Renault, and after European parliamentary elections saw pro-Europe parties cling to a majority.
Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday in a move to cope with the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest carmaker.
French carmaker Renault said it was “studying with interest” the terms of the proposed merger with Fiat Chrysler (FCA).
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