Fiat Chrysler "has today delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger", it said in a statement on Monday.
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The two men have dominated politics since the early 2000s, sometimes cooperating but mostly fighting for advantage and high office.
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A 19-year-old man and a woman in her 20s were attacked by at least three gun men near a bridge above the N12 on Sunday.
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State Security Agency ministerial adviser Bob Mhlanga questioned why State Security Minister Letsatsi-Duba suspended him so hastily on Friday before her term came to an end.
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The woman was found inside the vehicle with a single gunshot wound, while the man was found outside the vehicle with multiple gunshot wounds.
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An intelligence undercover operation was conducted by members from the anti-gang unit at a fast food outlet yesterday.
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Police said the man was arrested in Sunnyside on Friday after he was spotted by one of his alleged victims.
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The Presidency released a statement on Sunday afternoon saying it noted media reports that the announcement will be made on Monday, 27 May and said it will only be announced later in the week.
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