Chrysler Canada

FCA withdraws partnership offer to Groupe Renault

June 5, 2019

, London

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The Board of Fiat Chrysler Automobiles N.V. (“FCA”) (NYSE: FCAU / MTA: FCA), assembly this dusk underneath a Chairmanship of John Elkann, has resolved to repel with evident outcome a partnership offer done to Groupe Renault.

FCA stays resolutely assured of a compelling, transformational motive of a offer that has been widely appreciated given it was submitted, a structure and terms of that were delicately offset to broach estimable advantages to all parties. However it has turn transparent that a domestic conditions in France do not now exist for such a multiple to ensue successfully.

FCA expresses a frank interjection to Groupe Renault, in sold to a Chairman and a Chief Executive Officer, and also to a Alliance partners during Nissan Motor Company and Mitsubishi Motors Corporation, for their constructive rendezvous on all aspects of FCA’s proposal.

FCA will continue to broach on a commitments by a doing of a eccentric strategy.
Niel Golightly, [email protected], +1 248 933-6285
Shawn Morgan, [email protected], +1 248 512-2692
Andrea Pallard, [email protected],+39 0110030675
Fernao Silveira, [email protected], +55 11 4949-3901
United Kingdom
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Joe Veltri
Vice President, Investor Relations
Tel: +1 248 576 9257?
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This press recover contains forward-looking statements. These statements are formed on a FCA Group’s stream expectations and projections about destiny events and, by their nature, are theme to fundamental risks and uncertainties. They describe to events and count on resources that might or might not start or exist in a destiny and, as such, undue faith should not be placed on them. Actual formula might differ materially from those voiced in such statements as a outcome of a accumulation of factors, including: sensitivity and decrease of collateral and financial markets, changes in commodity prices, changes in ubiquitous mercantile conditions, mercantile expansion and other changes in business conditions, weather, floods, earthquakes or other healthy disasters, changes in supervision regulation, prolongation difficulties, including ability and supply constraints, uncertainties as to either a due business multiple will be concluded or done or as to a timing thereof as good as a fulfilment of a expected synergies therefrom, and many other risks and uncertainties, many of that are outward of a FCA Group’s control. 
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Forward-looking statements pronounce usually as of a date they are made. FCA does not assume any requirement to refurbish any open information or forward-looking matter in this communication to simulate new information, destiny events or resources or for any other reason after a date of this communication, solely as might be compulsory by germane laws, and any opinion voiced in this press recover is theme to change but notice. FCA shall not have any requirement to scold any inaccuracies therein or omissions therefrom that might turn apparent.

About FCA N.V.
Fiat Chrysler Automobiles (FCA) is a tellurian automaker that designs, engineers, manufactures and sells vehicles in a portfolio of sparkling brands, including Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep®, Lancia, Ram and Maserati. It also sells tools and services underneath a Mopar name and operates in a components and prolongation systems sectors underneath a Comau and Teksid brands. FCA employs scarcely 200,000 people around a globe. For some-more information per FCA, greatfully visit