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Tuesday, May 28, 2019

Fiat Chrysler, Renault pursue $35 billion merger

Fiat Chrysler (FCA) pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third largest carmaker. If it goes ahead, the $35-billion-plus tie-up would alter the landscape for rivals including General Motors and Peugeot.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2Xg972c

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