Fiat Chrysler, Renault in talks about partnership

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The Financial Times reports talks, citing an unnamed “person familiar with the matter” between Italian-US concern Fiat Chrysler Automobiles (FCA) and France’s Renault, which is already in a group with Japan’s Nissan and Mitsubishi.”

A number of options are being considered, but the talks have already moved beyond just the sharing of technology the report states.

Both FCA and Renault are facing major technological and regulatory challenges within the changing automobile market worldwide.

If the the talks succeed and FCA becomes part of the Renault group, it would create the world’s largest car maker concern with projected sales of 15.6 million units.

Via The Financial Times


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