Trattativa Renault-Fca

[saven]

1 ora fa, pennellotref scrive:

Dal primo trimestre del 2020. Hai pazienza di aspettare ? Se non ce l'hai,puoi sempre comprarti una Taycan....

 

io aspetto la Caytan... che venderà soprattuto qui al sud Italia....

[Bare]

2 hours ago, gianni said:

 

https://www.lepoint.fr/automobile/pourquoi-la-rupture-de-renault-avec-fca-est-une-tres-bonne-nouvelle-06-06-2019-2317409_646.php#xtor=CS3-192

 

 

They are full of shit.

 

It's very easy to check CAPEX. FCA has CAPEX at around the same level as Nissan+Renault combined. 
 

And that should end up stories about FCA's lack of development.

[funadel]

2 ore fa, GL91 scrive:

Scusate eh, mi spiegate al momento quale brand è avanti/innovativo a livello tecnologico, o meglio più avanti di FCA (escluse Tesla e Toyota per elettrico/ibrido, che comunque soluzioni proprio nuove non sono)?

 

Si non sono soluzioni nuovi, ma Tesla è o sarà probabilmente più avanti di altri in efficienza e costo di tal soluzioni, perchè i tecnici, ingegnieri ed Elon stesso non è che non fanno niente nelle ore di lavoro, no? Hanno innovato in quelle tecnologie o no?

Modificato 6 Giugno 2019 da funadel

[Gengis26]

Il Sole non è un granché "sereno" (diciamo così....) quando parla di FCA e non credo che sia necessario ricordarne il motivo...Vero ?

Potreste ricordarmelo?

☏ POCOPHONE F1 ☏

[pennellotref]

2 minuti fa, Gengis26 scrive:

Potreste ricordarmelo?

☏ POCOPHONE F1 ☏
 

L'uscita traumatica di FCA da Confindustria, editrice de IlSole, con tutte le conseguenze del caso (a partire dalle casse di Confindustria che perdono i contributi del suo principale finanziatore).

[Gengis26]

L'uscita traumatica di FCA da Confindustria, editrice de IlSole, con tutte le conseguenze del caso (a partire dalle casse di Confindustria che perdono i contributi del suo principale finanziatore).

Grazie mille!

☏ POCOPHONE F1 ☏

[pennellotref]

https://www.autonews.com/executives/how-fiat-renault-merger-deal-died

 

Cita

How the Fiat-Renault merger deal died

TOMMASO EBHARDT, ANIA NUSBAUM and GERALDINE AMIEL

Bloomberg

 

 

Bloomberg

FCA Chairman John Elkann in a letter to employees: “When it becomes clear that the discussions have been taken as far as they can reasonably go, it is necessary to be equally decisive in drawing matters to a close."

 

Shortly after 9 p.m., as the sun began to set on the rotund glass facade housing Renault SA’s headquarters on the outskirts of Paris, the board called a break. The group had gathered for the second time in as many days to sign off on a proposed merger with Fiat Chrysler Automobiles. As the talks dragged on, a delegate for the state asked to liaise with Finance Minister Bruno Le Maire, who was having dinner back in town at his hulking ministry protruding into the River Seine.

Le Maire laid down a red line for Martin Vial, his representative at the table and the voice of Renault’s biggest and most powerful shareholder.

France wanted a commitment from Renault partner Nissan Motor Co. to back the combination. Abstention -- as signaled earlier by the Japanese side -- wasn’t good enough, Le Maire said, fearing that Nissan might begin undermining the alliance if it couldn’t be held accountable with a firm vote.

Back in the conference room, the servings of sushi and pizza sourced by security guards had lost their appeal by the time the group reconvened around 11 p.m. The mood, too, was drab. It quickly became clear that Nissan would, in fact, abstain in a vote. When the turn came to Vial to speak, he presented the panel with the government’s game plan.

The minister saw an opening to get Nissan on board: over the weekend, G-20 finance ministers are gathering in Fukuoka, Japan, and Le Maire wanted to use his persuasive powers to win over the Japanese partner. Then, to everyone’s surprise and some annoyance, Vial suggested they postpone the vote and reconvene the following week after Le Maire had returned.

 

No more patience

Over in Italy, meanwhile, FCA Chairman John Elkann’s patience was wearing thin. The scion of the Agnelli family and disciple of the late Fiat CEO Sergio Marchionne was also getting updates on the meeting back in Paris, and to him, this latest government curve ball was one too many. Elkann had spent weeks stitching together the deal with Renault CEO Jean-Dominique Senard, keeping the French government closely informed, and felt that he had met their demands at every turn.

An hours-long board meeting on Tuesday had ended without a vote because representatives wanted more time, and now Elkann’s appetite for further delays was exhausted.

After a brief phone conversation with Senard back in Paris, the 43-year-old orchestrated a stunning maneuver. He gathered the Fiat Chrysler board members for a quick meeting, where the group decided to withdraw its proposal to merge. Shortly after 1 a.m., the company sent a terse release, all but blaming the French government for the decision by saying the country lacked the “political conditions” to support the accord.

And so imploded one of the most ambitious global mergers in recent years, less than two weeks after it was first disclosed, an audacious plan to emulsify diverse car brands from France, the U.S., and Italy into the world’s No. 3 -- with the promise of reaching the pinnacle if Japan could later be brought into the fold.

This account of the final days of the negotiations leading up to the midnight breakdown is based on accounts from people close to the situation, who asked not to be identified discussing private deliberations. The carmakers and the government declined to comment on the meetings.

Good relationship

In the run-up to the shocking collapse, all sides had appeared on a path to get the deal through. Elkann and Senard had built a close rapport in recent weeks, frequently meeting in Paris or Turin for informal gatherings to hammer out the finer points. The two European companies also made sure to keep the door open for Nissan should the Japanese partner want to join the group at a later stage.

The French government, with its 15 percent stake in Renault that comes with powerful double voting rights, also showed support, albeit with some strings attached: the merger should function within the Renault-Nissan framework and not jeopardize the successful partnership; jobs and production sites in France needed to be protected; governance should be maintained; and the group should participate in a project to create a European battery champion.

Nissan’s role in particular was an important sticking point for the government. Senard traveled to Japan in the week after the deal was disclosed for an alliance board meeting, where he took the opportunity to lay out the virtues of the combination with Fiat. France wanted Nissan firmly behind the deal, fearing that any opposition -- or even just lukewarm support -- would risk alienating a cherished industrial partner over time.

But as the Renault board prepared to meet on June 4 at the headquarters, Nissan’s position became increasingly precarious. CEO Hiroto Saikawa said the Japanese company needed to review the future of the alliance, including contractual relationships, culminating in Nissan’s decision to abstain from a vote. In the end, the first gathering wrapped up without any firm outcome, the group having spent an hour instead poring over the latest findings linked to disgraced former CEO Carlos Ghosn. They agreed to reconvene the next day.

Weary heads

By the time the panel regrouped at 6 p.m. on Wednesday, the weariness of the inconclusive meeting had blown over, and optimism set in that the second attempt would push things along. A press conference had been tentatively arranged in Paris for the following day, the release all but prepared and Fiat Chrysler CEO Mike Manley flying in from the U.S. for the occasion. The French CGT labor union was the only negative voice at the table, but one that could be easily drowned out from the overwhelming chorus of support.

Then the great plan came crashing down, with Bloomberg News reporting in the small hours of Thursday that Fiat had withdrawn its offer.

The French government, for its part, was stunned by Elkann’s move, and needed a few hours to regain its footing. When it did, the blame game didn’t take long to erupt. Unwilling to be seen as the disrupting factor, the government said it hadn’t closed any doors, and that all it had asked for was another five days to win over Nissan. Topics like valuation, governance and jobs had been agreed upon, a French official told reporters during a briefing.

Renault, too, lamented the breakdown of the negotiations, thanking Nissan for its “constructive approach” to the deliberations and Fiat for its efforts. Fiat, on the other hand, saw the French state as the culprit, saying the government repeatedly attempted to change conditions for its support and leaving Elkann with the impression that the state was clamoring for full control of the combined entity -- a demand that was unacceptable to Fiat.

“When it becomes clear that the discussions have been taken as far as they can reasonably go, it is necessary to be equally decisive in drawing matters to a close,” Elkann said in a letter to employees later Thursday.

In doing so, Elkann took a page from the deal book of his mentor Marchionne, who died last year following an illness and who had been a tireless champion of consolidation in the automotive industry.

As Marchionne once said in 2014: “It’s as important to walk away from the table as it is to sit down.”

 

Cita

John Elkann's letter to FCA employees

 

Dear Colleagues, 

The past days and weeks have been more than usually busy as we have worked to submit and then refine our proposal to Groupe Renault for a transformational merger.

The commitment, stamina and creativity of all those directly involved has been truly inspirational. No less important and impressive has been the unremitting focus every one of you has applied to the continuing job at hand, that of driving forward with our existing plans at all levels of our business.

The decision to engage in these discussions with Groupe Renault‎ was the right one and one we took after much preparation on many fronts. The broad welcome it received was clear evidence that our timing as well as the balance of what we were proposing was correct. The decision to terminate our discussions was not taken lightly but it was done so with one thing above all in mind; the protection of the interests of our company and all those working here and more widely with our broader stakeholders clearly considered.

Even the finest proposal, such as this one, which generated so much positive recognition and consensus, has little chance of ultimate success if its foundations are unstable. It takes a certain boldness to convene a dialogue as we did. But when it becomes clear that the discussions have been taken as far as they can reasonably go, it is necessary to be equally decisive in drawing matters to a close and returning to the important work we have to do.

FCA, under Mike Manley’s leadership, is an outstanding business, full of exceptional people and with a clear strategy for a strong, independent future. We will continue to be open to opportunities of all kinds that offer the possibility to enhance and accelerate the delivery of that strategy and the creation of value. But today, I know you will agree with me that now is the time to redouble our focus on the present and on the delivery of the commitments we have made for the current year.

Thank you and buon lavoro!

 

[carlo1967]

12 minuti fa, pennellotref scrive:

L'uscita traumatica di FCA da Confindustria, editrice de IlSole, con tutte le conseguenze del caso (a partire dalle casse di Confindustria che perdono i contributi del suo principale finanziatore).

Quindi questo sarebbe un valido motivo per non perdere occasione nel divulgare notizie false e tendenziose.

Poco probabile, sarebbe degno di un editore di terzo ordine.

[aargh!]

13 ore fa, il_vignale scrive:

[...] per come la famigghia ha dimostrato al di la di ogni ragionevole dubbio di non amare l'auto, immagino che la situazione volga a sfavore di FCA che si dovrà giocoforza fondere ma da una posizione di inferiorità. Sarà acquisita. 

LOL, piuttosto comico giudizio su una famiglia che è restata l'unica a costruire auto in Italia, e lo fa da 120 anni. 

 

 

 

10 ore fa, jameson scrive:

Ma qualcuno mi sa spiegare cos'è questa "tecnologia Nissan"? 

Credo che il tutto si riduca al fatto che Nissan è l'unica casa al mondo a commercializzare con un certo successo auto elettriche che non siano di alta gamma.

E non è poco.

 

2 ore fa, A.Masera scrive:

Diciamo che un fondo di verità c'è.

 

L'unico brand che spinge veramente tanto è Ferrari, la nuova SF90 è un mix di tecnologia, design e prestazioni.

 

FIAT, Jeep vivono per il momento tecnicamente con il solito

 

Alfa Romeo tanto sforzo meccanico per nulla, tutto invariato rispetto al 2015 (anzi, considerando il cambio di rotta sulla meccanica di Tonale, pure un passo indietro)

 

Ripeto, non hanno tutti i torti.

 

Ferrari è ormai fuori da FCA ma quanto a tecnologia potrebbe fare lezioni a tutte, tedesche in primis.

FIAT è svantaggiata da un mercato interno troppo piccolo e troppo povero, oltre che estremamente esterofilo (con tutto quello che ciò significa).

Jeep è attualmente il marchio più trendy al mondo, ci si abitua troppo in fretta al fatto che solo 10 anni fa era in bancarotta, eh.

Alfa Romeo è l'unico marchio in grado (quindi potenzialmente) di impensierire i premium tedeschi. Non a caso Winterkorn lo voleva acquisire. Dategli tempo, quanti anni ci mise la potente VAG a ar arrivare al successo il suo marchio Audi? Diciamo almeno una quindicina, non aspettiamoci un AR sugli stessi numeri dopo soli 3 anni. 

2 ore fa, Ross 9 scrive:

 

Ma scusate ma vi foderate gli occhi col prosciutto? 

 

Questi dicono solo 500x e Tonale ibridi: Renegade, Compass, Wrangler (ribadisco: due sistemi PHEV pure differenti tra Wrangler e Compass/Renegade), nuova piattaforma e 500 elettrica  a Ginevra me le sono sognate?

Ricapitolando in arrivo c'è:

-PHEV P1P4 per macchine FWD /AWD

-PHEV P1P2 per RWD/AWD

-BSG 12v per macchine piccole

-Piattaforma per auto elettriche e BEV 500

 

che si sommano a Pacifica e Grand Commander  (con un altro sistema ancora) e Mild Hybrid già presenti in USA, non mi pare poco eppure si continua a sostenere che è un' azienda del terzo mondo

 

 

 

THIS!

[Nico87]

Questa trattativa ha molte analogie con STX-Fincantieri. E in questo caso FCA non aveva neanche il "premio di maggioranza" dato dal controllo.

Da una parte si può dire che le condizioni e chi fosse l'interlocutore erano chiari fin dall'inizio. Dall'altra dico che sono operazioni da cina comunista.

Ottima mossa di JE di mandarli a zappare, mantenendo i rapporti con la Renault. Magari in futuro quando e se le cose si metteranno male per renault o cambierà governo, potranno riaprire la trattativa con condizioni piu eque. In fin dei conti, se non ci fosse lo stato francese dentro, la fusione sarebbe una cosa buona e giusta.