Renault-FCA merger idea remains good opportunity: France

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The idea of a merger between Renault SA and Fiat Chrysler (FCA) remains a good opportunity, but nothing has changed in terms of the conditions the French government has set, French Finance Minister Bruno Le Maire stated on Monday.

Le Maire made the comment in Tokyo, where he happened to visit after a weekend meeting of G20 finance officials in Fukuoka. His visit comes in the middle of strained ties between Renault and its partner, Nissan Motor.

“A merger with FCA remains a beautiful opportunity because there’s access to the American market and also because FCA there’s access to the electric technologies they need,” he stated, adding that “nothing has modified for the French state” regarding the merger conditions it had set earlier.

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