EU: Fiat Chrysler in tie-up talks with Renault?

Fiat Chrysler (FCA) and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, reported The Financial Times.

The agreement may ultimately lead the carmaker to join the Renault-Nissan-Mitsubishi Alliance in the future, some of these people added, while also warning that this outcome would mean taking a complicated path that would involve winning over Japan’s Nissan.

The talks are focused on the potential for extensive cooperation between FCA and Renault, which is the dominant partner in the alliance with Nissan and is seeking to secure a future for the partnership following the arrest of longtime leader Carlos Ghosn eight months ago in Tokyo.

Full Content: Financial Times

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