This content was posted on 6 Jun 19 by ReThinkX on Facebook Page
Renault Considering Fiat’s Offer to Merge Into a New Auto Giant
Groupe Renault is considering a proposal from Fiat Chrysler Automobiles to merge & form a global partnership aimed towards the future #AEVs market. The new company would displace General Motors as the 3rd largest car company in the world, with a total value on the stock market of $39 billion.
The New York Times
https://www.nytimes.com/2019/05/27/business/fiat-chrysler-renault-merger.html?action=click&module=Latest&pgtype=Homepage
The combined company would be the No. 3 automaker and have a better chance of surviving a perilous transition to electric and self-driving cars.
