Fiat Chrysler proposes Renault merger to drive industry forward

Posted on 28 May 2019 by Maddy White

Italian carmaker Fiat Chrysler has proposed a merger with French firm Renault in a potentially “transformative” partnership for the automotive industry.

Jeep is owned by Fiat Chrysler – image courtesy of Depositphotos. A global automotive leader will be created if the firms merge, with 8.7 million vehicle sales. The new company would be split 50-50 by Fiat and Renault shareholders and be based in the Netherlands. The partnership would create the world’s…

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