Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler Withdraws Bid For Renault

Fiat Chrysler has withdrawn its merger proposal for French carmaker Renault, the Italian-American firm has said. The announcement followed a failed attempt by Renault board members to reach a decision on the offer. Renault said it had been unable to...
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Board To Vote On Renault Merger With Fiat Chrysler

Board To Vote On Renault Merger With Fiat Chrysler

French automaker Renaultsays its board will meet on Tuesday to vote on a possible merger with Fiat Chrysler.  Fiat Chrysler has proposed to merge with Renault to create the world’s third-biggest automaker, worth almost $40 billion, and combine...
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Renault Names Thierry Bolloré Interim Chief Executive

Renault Names Thierry Bolloré Interim Chief Executive

Renault has appointed a temporary deputy chief executive to take over the running of the French car firm following the arrest of Carlos Ghosn. Renault said its chief operating officer, Thierry Bolloré, would step up to the role because Mr...
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Renault, Nissan, Mitsubishi seek robo-taxi deals with tech companies

Renault, Nissan, Mitsubishi seek robo-taxi deals with tech companies

Renault, Nissan Motor and Mitsubishi Motors are lining up partners for their push into shared driverless robo-taxis.  The alliance plans to unveil names in coming months, said Ogi Redzic, a senior vice president overseeing about 1,000 employees developing con...
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France cuts Renault stake to 15 percent

France cuts Renault stake to 15 percent

France is selling a 4.73 percent stake in carmaker Renault, a government investment agency has said, paring the holding back to the 15-percent level that had preceded a 2015 power struggle over voting rights.   The APE state holding agency said...
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