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May 27, 2019 07:07 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6RZqT9ynzpw/
Fiat Chrysler proposes 50-50 merger with Renault
Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales. FCA delivered Monday a non-binding letter to Renault’s board that proposes combining the business as a 50-50 merger. FCA’s proposal illustrates the growing desire among automakers to consolidate, […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6RZqT9ynzpw/
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