Renault and Nissan meet to talk Fiat

Nissan reports a 99% plunge in first-fiscal quarter operating profit. Bloomberg’s Dani Burger reports on “Bloomberg Markets: European Open.”

Nissan may have created a dream come true for struggling golfers: a ball that finds its own way into the hole.

Nissan Motor Co.’s board meets on Tuesday with just a few weeks to go until the Japanese automaker’s self-imposed deadline to find a new chief executive officer. At the top of the list are four leading candidates, people with knowledge of the matter said. Reed Stevenson reports on "Bloomberg Markets: Asia."

Renault's board ousts Thierry Bolloré as CEO

Fiat Chrysler confirms merger talks with Peugeot owner

Auto giants Fiat Chrysler and France's PSA group are planning a merger that would see the company become the world's fourth-largest carmaker. An official communique also revealed where the new outfit would be based.

Peugeot and Fiat Chrysler have said the plan will result in €3.7 billion in savings, allowing them to work on creating more sustainable vehicles. The new company will be a 50-50 merger of the two.

Former Renault and Nissan boss Carlos Ghosn has skipped bail in Japan and fled to Lebanon. The businessman is facing graft charges which his lawyers dismiss as a conspiracy.

The notorious escape of the former businessman has caused a national embarrassment in Japan. Ghosn has managed to simply walk out of house arrest and dodge trial, fleeing to Lebanon.

The head of the Renault-Nissan alliance of carmakers Carlos Ghosn was one of the most powerful people in the business world. In little over a year he went from feted CEO to fugitive. Here's how it happened.

Ghosn speaks: Former Renault-Nissan boss hits back after Japan escape

Together, the two companies may seize too much control over the small vans market and harm competition across the EU, regulators say. The Fiat Chrysler-PSA merger would create the fourth-biggest car maker in the world.