Speculation about the future of Fiat Chrysler, often seen as a potential MA target, intensified after the sudden death of long-serving former CEO Sergio Marchionne almost one year ago.1 carmaker with 13.S.8 million annual sales.4 billionAn alliance that included Nissan would vault the ensemble to the rank of global No.A separate source with direct knowledge of the situation confirmed that the Renault board will meet on Monday morning at 0800 local time (0600 GMT) to discuss the issue.REGIONAL RATIONALEFCA has a highly profitable North American RAM trucks business and Jeep brand but has been losing money in Europe, where it may also struggle to keep pace with looming carbon dioxide emissions curbs. The French government has a 15 percent stake in Renault.The plan under discussion would involve some transfer of equity, according to a source close to the discussions.Renault, by contrast, is an electric-car pioneer with relatively fuel-efficient engine technologies and a strong presence in emerging markets, but no U. However, most of FCA’s European plants are running below 50 percent capacity.Earlier this year FCA Chairman John Elkann - a member of Italy’s Agnelli dynasty that controls the company - stressed the China Besturn X80 Rear Bumper Assembly family’s commitment to the automotive industry.

A deal between FCA and Renault would not preclude a consolidation of Renault’s alliance with Japanese carmaker Nissan, a source told Reuters on Saturday. It would also maintain a foothold in China, where both FCA and Renault are marginal players.It comes after news broke over the weekend that two of the world’s leading car companies are in talks on a comprehensive global combination that could address some of the main weaknesses of both.A source said earlier an announcement from Italo-American FCA could provide some concrete although initial details but added the situation was still “fluid”.7 million vehicles.Any tie-up would likely face political and workforce hurdles, particularly in Italy.Pressure for consolidation among carmakers has grown with the challenges posed by electrification, tightening emissions regulations and expensive new technologies being developed for connected and autonomous vehicles.The sale was completed early this month for 5.Renault Chairman Jean-Dominique Senard presented an FCA-Renault merger plan to French Finance Minister Bruno Le Maire on Friday, Les Echos reported on its website.In October last year, just after three months he was picked to replace Marchionne, new CEO Mike Manley agreed to sell FCA’s car parts unit Magneti Marelli to Japan’s Calsonic Kasnsei, owned by US private equity firm KKR.8 billion euros. business.

Paris: Fiat Chrysler and Renault are set to confirm tie-up talks on Monday, with the board of the French carmaker called to an early morning meeting to discuss the situation.. But he also added that they were prepared to take “bold and creative decisions” to help build a solid and attractive future for the company.Fiat Chrysler has a valuation of just under 18 billion euros and Renault around 14.The Renault-Nissan partnership, underpinned by cross shareholdings, has been strained by the scandal surrounding former chairman Carlos Ghosn, who was ousted after his arrest last year.According to reports earlier this year the manufacturer had also restarted talks with France’s PSA Group - which have been a recurrent theme over the years.Fiat Chrysler and Renault together would have a combined market capitalisation of more than 32 billion euros (USD 36 billion) and total global sales of 8.The deal being discussed would include guarantees covering corporate governance and employment in France and Italy, the French daily said