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June 5, 2019 11:23 pm GMT

The Fiat Chrysler-Renault merger is dead over suboptimal political conditions

A proposed merger between Fiat Chrysler -Renault that would have created the third largest global automaker, is off. Fiat Chrysler Automobiles withdrew its offer, the Wall Street Journal reported. FCA confirmed to TechCrunch that it has withdrawn its offer, largely due to political conditions. “FCA remains firmly convinced of the compelling, transformational rationale of a […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/APyGFz7_hIU/

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