Renault to decide next week whether to proceed with FCA merger talks: sources
Renault board members will meet informally for work sessions within days with a view to a decision early next week on whether to go ahead with Fiat Chrysler merger talks, two sources with knowledge of the matter said.
Elkann enlists Renault to drive Fiat family fortunes
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.
Ball in U.S. court to start trade talks: EU trade chief
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 Salvini says Rome should take stake in combined FCA-Renault group ‘if required’
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.
Adjudicator says any security defense of U.S. auto tariffs at WTO ‘very difficult’
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.
Boutique bank run by Macron donor could help tackle hurdles to Fiat/Renault deal
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.
European trade policy seen going greener after EU parliament vote
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 and Renault pursue $35 billion merger to combat car industry upheaval
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.
Exclusive: IKEA to revamp app as store strategy shifts
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 Renault deal can work: FCA chairman
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.
