Do you remember when you could buy a Renault from a dealer on the street? Not too long ago, following the purchase of AMC, the US market was blessed by a Chrysler Renault pair. It was short-lived, but these star-crossed lovers could jump back into bed. According to a report from France Le Figaro the Renault board will meet on Monday morning to discuss the topic, with a possible announcement possibly being made on the same day.
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FCA has problems Lately, Europe has suffered from the trend towards electric vehicles and stricter emissions restrictions. Renault now wants to sell automobiles in the US market, which is still the second largest car market in the world. Taken together, the two companies sell around 8.7 million vehicles worldwide each year, valued at around $ 37 billion.
This connection is not initially intended for Nissan. The Japanese automaker was said to want to participate in the partnership at a later date. At the moment it is a bit difficult between Nissan and Renault, but if things change, this could be a great opportunity for Nissan.
With both Fiat and Renault competing directly around the small and medium sized market in Europe, the two automakers could unite to co-underpin future models or share manufacturing facilities, as suggested by New York Times .
From the Financial Times :
The FCA has already held talks with Renault about platform sharing, the production base for a car, and is conducting similar talks with the Peugeot-owned PSA in France , It is assumed that the discussions with Renault went beyond the mere transfer of technology and have developed faster than those with PSA. The national group would rise to the rank of the world's leading automaker. Nissan has a strong place in the Chinese market, which is lacking both the FCA and Renault.
And finally Bloomberg reports that FCA chairman John Elkann and CEO Mike Manley were in Paris several times this year to attend business meetings with potential partners. That could be both PSA members and Renault members, one could imagine.
While details are a bit meager, this partnership could be big news for the future of the automotive landscape. All I know is that I hope Dodge brings the Megane RS Trophy-R to the US market as a sort of SRT ACR product. That would rule.
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