FCA Proposes a Merger with Renault

soren wrote:

travelnutz wrote:
Perfect fit! A loser and a loser unite to make both be bigger losers. Then they will both disappear and life will still go on and for the better.

Total sales of 8.7 MILLION vehicles last year, would be the third largest vehicle manufacturer on earth the day they complete the deal. I guess we all have different definitions of "loser". The finance press is stating that Nissan is pretty well aware that they have to swallow their pride, and jump on the Renault/FCA coattails, or risk being too small to survive.

Renault/FCA/Nissan /Mitsubishi would be the largest company by far with nearly 16 million in 2017 sales compared to Toyota's 10.5 million. Would it work though? Nissan is the largest single partner and the relationship with Renault has been soured somewhat by the Ghosn scandal and French government involvement. On the other hand, their integration has been quite successful on a business level and splitting would cause major problems for both.