M&A Is In The Air For Automakers
The Morning Run Crew
France’s Renault intends to restart merger talks with Japan’s Nissan Motor within 12 months, as well as a possible bid to buy Fiat Chrysler Automobiles. Fiat Chrysler is seeking a partnership or merger including Peugeot-maker PSA Group of France.
The plans signal a return to the strategies supported by former Nissan boss Carlos Ghosn who was ousted as Nissan chair and arrested in Tokyo on financial misconduct charges of under-reporting his salary
Presented by: Lyn Mak, Sharidz Abdullah and Julian Ng
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