Here's what Nissan thinks of the merger with Dodge



[ad_1]

That's not all, however, because the French government is another big reason for blocking the merger. In order to ensure that the merger brought about by the merger does not weigh on blue – collar workers in France, the French government, Renault 's largest single shareholder, requires a seat on the board of directors of the new company in order to ensure that the merger. he has a say in protecting jobs.

The French president, Emmanuel Macron, is particularly sensitive to the needs of his country's blue-collar workers after forces opposed to the establishment, characterized by the movement of the yellow vest, threaten to take power. Thus, in order to strengthen its control over the automaker that would result from the merger, France is also seeking a seat on the board of directors who will appoint the CEO of the company. The FCA wants to weaken the power of this seat by removing a rule proposal that would require the unanimous agreement of the board of directors for the election of a CEO.

[ad_2]

Source link