At least 22,000 jobs have been shed at Renault in France since 2005, the CGT added. “Fiat Chrysler expanding is good news for Italy,” he said. Fiat Chrysler also offers Renault access to the United States market, where the French have no presence. Their model lineups complement each other fairly well, with Fiat Chrysler strong in SUVs like the Jeep Cherokee as well as the RAM pickup truck line. And neither is particularly strong in the high end of the car market, the most profitable segment.

Source: New York Times May 27, 2019 05:36 UTC