Under the "winter" of the automobile industry and the great changes in the industry once in a hundred years, the major car companies have also embraced the group.
On Monday, Fiat Chrysler proposed a merger with Renault, with a 50 to 50 shareholding ratio, saying it would not close the factory because of the merger. The new company will be listed in New York, Paris and Milan.
In response, Renault responded that it will evaluate Fiat Chrysler's merger proposal at a subsequent colleague meeting and issue a statement after the meeting.
Prior to this, according to the French "Echo" report, Renault Chairman Jean-Dominique Senard submitted a Fiat Chrysler-Renault cooperation plan to French Finance Minister Bruno Le Maire on Friday.
People familiar with the matter said that the discussions between the two sides involved guarantees for corporate governance and employment, as well as partial equity transfers, while Chrysler and Renault would announce an alliance as early as Monday.
However, Bloomberg quoted people familiar with the matter as saying that the cooperation may also lead to a comprehensive merger of the two car companies in the future, thus creating the world's third largest car manufacturer.
According to data from the market research firm Focus2Move, the world's highest-selling auto company in 2018 is the Volkswagen Group, with an annual sales volume of 10.831 million units. The Fiat Chrysler Group's annual sales volume is 4.841 million units, and the Renault-Nissan Alliance's annual sales volume is 10.631 million units.
Agence France-Presse believes that once Chrysler and Renault reach a cooperation plan, it means that they will surpass Volkswagen Group to become the world's largest car sales alliance with an annual sales of 15.6 million units.
Fiat Chrysler CEO Mike Manley said in an interview with the Financial Times that "if integration and cooperation can make us stronger, I am open to this." Earlier this year, the company's chairman, John Elkann, also said that he was prepared to make "a bold and creative decision" to help the company build a solid and attractive future.
On the other hand, Renault has been expanding its alliance camp. It has formed alliances with Nissan and Mitsubishi, and has cooperated with Renault-Nissan-Mitsubishi Alliance to achieve certain results in cost and R&D.
And in 2015, the French side also tried to merge Renault and Nissan. At the beginning of 2018, Carlos Ghosn, the former owner of the French car manufacturer, again proposed to merge Renault, Nissan and Mitsubishi, but Nissan shareholders expressed concern that the Japanese company might become a vassal of Renault.
It is worth noting that the cooperation between Chrysler and Renault did not rule out the possibility of the merger of Renault and Nissan.
However, two people familiar with the matter told the Financial Times that Chrysler requested that if the two companies could reach an agreement, Renault would have to postpone the merger with Nissan in the short term, and Renault has agreed to the condition.
However, some Nissan insiders expressed doubts about the reports, and they believe that Renault’s move is entirely exerting pressure on Nissan. Especially after Ghosn was arrested and dismissed, Renault did not give up the idea of ​​completely merging the two companies.
On May 13, Japan’s TBS TV reported that Renault had made a merger proposal with Nissan. But Bloomberg later quoted sources as saying that Nissan still rejected the former proposal.
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