Fiat/Renault: Environmental Profile Depends on Synergies -- ESG Insight
29 Mai 2019 - 6:53PM
Dow Jones News
12:23 ET - Renault is an electric vehicle leader but its fossil
fuel models are still trailing behind the upcoming global CO2
regulation. Fiat Chrysler is struggling to reduce emissions and
adapt its fleet to new standards, having little exposure to EV. The
potential merger's annual cost savings are estimated to exceed EUR5
billion, which could be key to financially supporting an effective
emission reduction policy for non-electric cars of the combined
company. It could also help further develop Renault's leading EV
technology. (goncalo.lousada@dowjones.com)
(END) Dow Jones Newswires
May 29, 2019 12:38 ET (16:38 GMT)
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