Insider » Latest Posts » Groupe Renault

Following Fiat Chrysler Automobiles’s (FCA) submission of a proposal about a potential 50/50 merger between the Italian-American conglomerate and Groupe Renault, the French carmaker’s Board of Directors have met to examine the offer closely. “After careful review of the terms of FCA’s friendly proposal, the Board of Directors decided to study …

READ MORE

Fiat Chrysler Automobiles (FCA) is offering a merger proposal to Groupe Renault, that would give both parties equal shares. If Renault approves the terms of the possible merger, this would make them the third largest global OEM only behind Toyota and Volkswagen–with 8.7 million vehicle sales and a strong market …

READ MORE

Leading automotive alliance Renault-Nissan-Mitsubishi announced a combined total of 10.76 million sales for 2018. A total combined sales of 10,756,875 units for Renault, Nissan and Mitsubishi Motors rolled out last year, reflecting one in nine of all cars and light commercial vehicles sold worldwide and posting a 1.4 percent increase …

READ MORE

Following Carlos Ghosn’s arrest last Monday, November 19, for reportedly misdeclaring his compensation in the Tokyo Stock Exchange securities report and for using Nissan’s company assets for personal use, the Japanese carmaker’s board of directors have voted to officially remove him as its Chairman of the Board and as one …

READ MORE