A Government Auto Merger - News Summed Up

A Government Auto Merger


After an on-and-off-again courtship, Fiat Chrysler is proposing a merger with French automaker Renault that could make both more globally competitive. The shame is that the tie-up, like so many business decisions nowadays, is largely being driven by political considerationsThe combined company would produce about nine million cars a year, making it the world’s third largest automaker. Fiat Chrysler and Renault hope that scale will reduce the cost of complying with government mandates that require increasing electric-car production...


Source: Wall Street Journal May 27, 2019 22:07 UTC



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