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Are Companies Clear on Cloud Safety?
WSJ Tech News Briefing
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Aired 2 months ago 0:17
Armstrong and Getty | KGO 810
Nissan, US And France discussed on Armstrong and Getty
Aired 2 months ago 4:43
WSJ What's News
renault Discussed on WSJ What's News
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Mike McConnell | Newsradio 700 WLW
Fiat Chrysler withdraws Renault marriage proposal
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KOA 850 AM
renault Discussed on KOA 850 AM
Aired 2 months ago 13:35
Fiat Chrysler Scuttles Renault Merger, Mexico Tariffs Loom Large For The Auto Industry
Welcome to a very Motor City-centric edition of your Daily Detroit. Today, weâ€™re running down a pair of big stories from the auto industry, speaking withÂ Kristin Dziczek, vice president of the Center for Automotive Research in Ann Arbor. First up: Fiat Chrysler has withdrawn its $35 billion proposal to merge with French automaker Renault just 10 days after FCA first announced the proposal. It comes after the Renault board on Wednesday failed to reach a decision on the proposal, citing the French governmentâ€™s request to postpone a vote. TheÂ Wall Street JournalÂ also reported that Nissanâ€™s two representatives on the Renault board also objected.Â Renault owns a stake in Nissan as part of a long-running alliance with the Japanese automaker, while the French government owns a 15% stake in Renault. Fiat Chryslerâ€™s board met Wednesday evening and voted to withdraw its proposal with immediate effect, saying that although it remains convinced of the compelling rationale for the merger, â€œit has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully.â€Â Secondly, we discuss the news that President Trump may levy 5% tariffs against all goods imported from Mexico starting next week and gradually ramp them up to as high as 25%. As Dziczek explains, thatâ€™s problematic for a host of reasons, since automakers source many components including wire harnesses from Mexico for cars sold in the U.S., and about 15% of cars sold domestically were actually built at factories south of the border. Even for consumers, thereâ€™s a good chance that those replacement windshield wipers or brake pads you buy from Oâ€™Reillyâ€™s were made in Mexico. Itâ€™s a fascinating conversation. Thanks for listening to Daily Detroit. If you like what youâ€™re hearing, tell a friend about us, leave us a review and subscribe onÂ Apple Podcasts, or support us by becoming aÂ Patreon member.
Aired 2 months ago 3:51
A Fiat Chrysler Merger With Renault Would Create 3rd Biggest Car Maker
French car maker Renault is considering a merger proposal from Fiat Chrysler, which has been looking for a partner for a while â€” and there are limited partners available.
Aired 2 months ago 4:15
Proposed Fiat Chrysler/Renault Merger Could Upend Auto Industry
Today is Monday, June 3, and weâ€™re looking at Fiat/Chrysler vs. General Motors.