Fiat Chrysler Abruptly Backs Out of Merger Negotiations With Renault: Report (Update: FCA Confirms)

Just over one week ago, Fiat Chrysler executives laid out a formal offer to a “merger of equals” with French automaker Renault. Today, according to the Wall Street Journal, that offer has been abruptly rescinded after the second day of negotiations came to a close.Read more…

Source: Jalopnik

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