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M&A Is In The Air For Automakers

5 mins·07:30, 28 Mar 2019
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M&A Is In The Air For Automakers

5 mins
·
07:30, 28 Mar 2019
·

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

Presenter: Lyn Mak, Sharidz Abdullah and Julian Ng

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