Fiat Chrysler Automobiles (Fca)e Renault-Nissan-Mitsubishi they could become a single auto behemoth. Fca has indeed presented an official proposal to Renault who judged it interesting and worth examining.
But which entity would arise from the merger of the two groups? And with what advantages? Let's take a look at the strengths of the two manufacturers and their differences in X-rays.
fca it had a turnover of 110,4 billion euros in 2018, with 4 million cars delivered during the same year (842 million consolidated units). Last year it distributed to shareholders a coupon of 0,65 euro per shareand, returning to the dividend after a decade. 2018 revenues as regards the area Naphtha were equal to 72,3 billion, for the area Latams 8,1 billion, for the area Apac 2,6 billion, the area EMEA 22,7 billion, to Maserati 2,6 billion.
I Net revenues of FCA in first quarter 2019 were equal to 24,481 billion euros, down from 25,733 billion in the same period a year ago. The exercise result is dropped by 29% to 1,1 billion euros with the margin at 4,4%, when it was 6% a year ago.
THEnet profit fell to 619 millioni from 1,021 billion euros, with adjusted net income falling to 570 million from 963 million. Net income from operations decreased to 508 million from 951 million from a year ago. Overall global deliveries amounted to 1.037.000 vehicles, down 14%, primarily due to overlapping 2018 Jeep Wrangler production and the planned realignment of commercial strategies in Europe.
FCA has 198 employees worldwide in 102 offices and plants, of which 27 in Italy, 13 in the rest of Europe, 26 in the United States, 12 in Brazil, 9 in Mexico, 6 in Canada and 3 in Argentina, among the main Countries of presence.
The brands of the FCA group, in addition to Maserati, I'm: Fiat, Fiat Professional, Chrysler, Alfa Romeo, Lancia, Jeep, Ram, Dodge, Srt, Abarth and Mopar. There are three shareholders holding more than 3% of the capital or voting rights as of 20 February 2019: Exor which holds 28,98% of the capital (42,11% of the voting rights), Tiger Global Management with 5,25% e Harris with 3,81%. Furthermore, as at 31 January 2019, 29% of FCA's share capital was held in the United States.
We come now to Renault-Nissan. The French group has a partnership with the Japanese Nissan and there has been talk of its renegotiation several times. The manufacturer closed the 2018 with revenues equal to 57,4 billion euros and the sale of almost 3,9 million vehicles in the world, reaching a record level for its history. The Renault group controls the same Renault (2.532.567 vehicles sold in 2018), then Dacia (700.798) Rs (Renault Samsung Motors with 84.954), Alpine (2.091) and Lada (398.282). In 2018, thanks to the sales results achieved, the first French car manufacturer.
The Renault group has 183 employees in 37 countries with a network of 36 factories. Financial debt reached 53,1 billion euros. In 2018, Renault distributed a dividend of €3,55 per share to shareholders. As of December 31, 2018, this is shareholder map: the French state holds 15,01% of the capital (with 28,6% of the voting rights), Nissan has 15% of the capital but without voting rights, the Daimler pension fund has a share of 3,10 % (5,91% of voting rights), the fund of employees and former employees 2,44% (4,14%). A 1,71% stake is in Treasury stock, while the free float is 62,74%.
