opel fiat's and sit home cars on which a very popular in europe and chrysler has added venerable u.s. brands don't keep into the mix. then you transatlantic were to make a owns 14 grams stand on tissues now the world's 4th biggest co make an offer of oaks mike and toyota on the run no need son mitsubishi alliance. c commerce to bomb is hopes the merger will leverage synergies that will save billions of euros including reducing the many platforms its vehicles around to just a handful by joining forces stand on to sites to make an easy a shift to and train my ability. analysts full cost that the merger could see the closure of underused factories congress to vote as is notorious for tough cost cutting measures the official line however is that all comments will remain open let's get the latest now on this from our markets correspondent chelsea believe me in frankfurt chelsea 1st day on the market for the new auto giant halls of looking . well it's been a strong start 1st on the market in the paris exchange where they are listed the stock started up about 3 percent it's also trading high

distance of his portfolio in cade's pleasure opel fiat's and sits home cars all of which are very popular in europe and chrysler has added venerable u.s. brands dodgin jeep into the mix. then you transatlantic to make owns 14 grounds stand on tissues now the world's 4th biggest co make an offer to folks back and toyota on the run no nissen mitsubishi alliance. c camos to bomb is hopes the merger will leverage synergies that will save billions of euros including reducing the many platforms its vehicles around to just a handful by joining forces stand on to say to make an easy a shift to and train my ability. analysts full cost that the merger could see the closure of underused factories congress to vote as is notorious for tough cost cutting measures the official line however is that all comments will remain open. let's get the latest now on this from our markets correspondent chelsea believe me and frank for chelsea 1st day on the market for the new auto giant how's it looking . well it's been a strong start 1st on the market and the paris exchange where they are listed the stock started

fiat's opel. and chrysler are just 3 of the new auto giants 14 brands and that could be a problem before the pandemic the 2 sides have promised that no brand would be eliminated. b.m.w. will miss the promise not to give up any brand will be hard to keep today they have 14 of them but i don't think that brands that sell 20225000 cars worldwide today will survive the next crisis. which includes uli still and his might have just come together but it may yet have to slim down for the auto market of the future. and for more this let's talk to our financial correspondent in new york yen scored a hello yes so to say c.e.o. carlos to virus has said that only the most agile car companies or get through the difficult years ahead why is he merging with another giant car company then. well if you will see mergers in that event scale mostly what those companies try to achieve in the 1st place is to find synergies and bring costs overall down so that's probably $1.00 of the aims one challenge definitely will be

fiat's opel and chrysler are just 3 of the new auto giants 14 brands and that could be a problem before the pandemic the 2 sides have promised that no brand would be eliminated. b.m.w. will miss the promise not to give up any brand will be hard to keep today they have 14 of them but i don't think that brands that sell 20225000 cars worldwide today will survive the next crisis. which includes usually still and his might have just come together but it may yet have to slim down for the auto market of the future. let's get more on this without financial correspondent frank that chelsea a bigger isn't always better how is becoming big and makes the lantus more competitive. well the hope 1st lantus is that they will be able to cut costs that's really the key benefit of this merger and the companies say that they think they will be able to save about 5000000000 euros as a result of the merger and that's going to be through things like getting better deals with suppliers because they're ordering more and combining some production technology platforms and that should free up money for so on to u

fiat's opel and chrysler are just 3 of the new auto giants 14 brands and that could be a problem before the pandemic the 2 sides have promised that no brand would be eliminated. will miss the promise not to give up any brand will be hard to keep today they have 14 of them but i don't think that brands that sell 20225000 cars worldwide today will survive the next crisis. still and his might have just come together but it may yet have to slim down for the auto market of the future. if more of this let's talk to our financial correspondent in new york yen scored a hello yes so to say c.e.o. carlos to virus has said that only the most agile car companies or get through the difficult years ahead y.c. merging with another giant car company that. well if you will see mergers in that scale mostly what those companies try to achieve in the 1st place is to find synergies and bring costs overall down so that's probably $1.00 of the aims and one challenge should definitely will be the chinese market the 2 companies combined have a market share of less than one percent and the largest car market in