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FCAU - Renault Needs Its Partner More Than Ever - That Might Be Nissan's Gain
Fiat Chrysler Automobiles N.V.
The planned merger between Fiat Chrysler Automobiles NV (FCAU) and Peugeot SA (PEUGF;PUGOY) is a major step towards consolidation in the automotive sector. This puts pressure on Renault SA (OTC:RNSDF;OTCPK:RNLSY) and Nissan Motor Co., Ltd. (OTCPK:NSANY;OTCPK:NSANF) to maintain and intensify their existing alliance. In order to deepen and formalize ties, maybe even a full scale merger might be advisable.
As I see Renault under more pressure momentarily, I believe that a deal if it happens could very well play out in a