The Briefing Room
General Category => Economy/Business => Topic started by: endicom on June 29, 2018, 06:58:20 pm
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Asia Times
PK Semler
June 29, 2018
Hyundai Motor Group CEO Chung Mong-koo is waiting for an expected decline in Fiat Chrysler Automobiles shares before launching a takeover bid for the Italo-American automotive group, sources close to the situation said
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Skybridge Capital founder and former White House communications director, Anthony Scaramucci, said that the recently re-ratified US-Korea Free Trade Agreement is the best example of how Trump intends to tackle free trade issues: Not cancel them but update them so they are in step with the times.
Marchionne himself has repeatedly warned his fellow auto bosses in the United States and Europe not to underestimate the threat Korean manufacturers pose to legacy manufacturers.
More... http://www.atimes.com/hyundai-motor-ceo-driving-fiat-chrysler-takeover/ (http://www.atimes.com/hyundai-motor-ceo-driving-fiat-chrysler-takeover/)