Consulting analysts in tomorrow’s commodities and technologies

News

AUTO NEWS: FCA talks are 'in the past,' Renault CEO says

  • Date: 10-09-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

FRANKFURT -- Fiat Chrysler Automobiles' merger offer for Renault was "in the past" and the two parties have not resumed discussions, the French carmaker's CEO, Thierry Bollore, said.

View full story

AUTO NEWS: Ford cut to junk by Moody's on doubts over plan to boost profit

  • Date: 09-09-19
  • Category: AUTO NEWS
  • Source: Automotive News

Ford Motor Co.’s CEO Jim Hackett has been dealt a major blow by Moody’s Investors Service, which cut the automaker’s credit rating to junk over doubt his plans to fix the company will soon generate earnings and cash.

View full story

AUTO SALES: Beijing must face reality in bid to spur auto sales

  • Date: 05-09-19
  • Category: AUTO NEWS
  • Source: Auto News

SHANGHAI -- The State Council, China’s cabinet, last week released a long list of steps it will take to boost consumer consumption.

View full story

AUTO NEWS: UK auto industry's structure 'not sustainable' under no-deal Brexit

  • Date: 28-08-19
  • Category: AUTO NEWS
  • Source: Just Auto

UK carmakers could be facing an annual bill of GBP4bn in the event of a no-deal Brexit due to challenges such as increased costs for imported components and tariffs on vehicles exported to the EU, says GlobalData, a leading data and analytics company. The research suggests that the UK auto industry - operating in a highly competitive business environment with low margins on many of its products - would, in the event of no-deal, be unable to maintain its current structure.

View full story

AUTO NEWS: Renault should sell Nissan stake and press ahead with FCA merger

  • Date: 03-07-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

Renault should sell its 43 percent in Nissan and merge with Fiat Chrysler Automobiles, says Bernstein analyst Max Warburton. In a letter to Renault Chairman Jean-Dominique Senard, Warburton writes that Renault should no longer cling to the idea that its alliance with Nissan can be preserved when all the indications are to the contrary. 

View full story

AUTO NEWS: FCA, Renault hoping merger talks will restart

  • Date: 24-06-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

Executives at Fiat Chrysler and Renault-Nissan remain open to the idea that a merger deal could still happen, but they warn that conditions imposed by each side could hurt efforts to restart talks, the Wall Street Journal reported, citing people familiar with the situation.

View full story

AUTO NEWS: Japan played a hidden role in breakdown of Fiat Chrysler, Renault deal

  • Date: 21-06-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

TOKYO/PARIS -- The Japanese government played a role in the breakdown of merger talks between Renault and Fiat Chrysler Automobiles earlier this month, weighing in with concerns that the combination could harm Nissan, people familiar with the matter said.

View full story

AUTO NEWS: Renault CEO Bollore says 'nothing' is happening currently with Fiat Chrysler

  • Date: 20-06-19
  • Category: AUTO NEWS
  • Source: Europe Auto News

NEW DELHI -- Renault CEO Thierry Bollore said there is currently nothing happening between the French automaker and Fiat Chrysler Automobiles, two weeks after the collapse of merger talks aimed at creating the world's third-largest automaker.

View full story