Thread: Fiat Chrysler submits proposal for a merger with Renault

2 of the shittiest brands merge.

Not expecting great things.

Originally Posted by Neverna

Despite their sophisticated engineering, Alfasuds (especially the early ones) had a bad reputation for suffering from rust, mostly due to the poor quality Russian steel used in their construction, and the storage conditions of the steel. Worse yet, bare completed bodies had to be moved outside the factory after assembly before being taken to the paint shop in a separate building, no matter what the weather happened to be.

https://en.wikipedia.org/wiki/Alfa_Romeo_Alfasud

Well - that & the shitty weather.

A note from my StockBroker ...

Fiat Chrysler decided to withdraw its offer to acquire Renault worth USD40bn after Japan-based Nissan rejected the M&A deal.

^
Fiat Chrysler withdraws merger offer for Renault, blames French politics
https://www.reuters.com/article/us-r...-idUSKCN1T62WE

“It has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully,” Fiat Chrysler said in a statement issued early Thursday from London.

Originally Posted by NamPikToot

Interesting given the current spat with Nissan over Carlos Ghosan in the Renault/Nissan?Mitsu alliance

My first thought. The Japanese want the Gaijin out of Nissan altogether