Fiat Chrysler’s proposed merger with Renault would give the No. 3 U.S. car maker more tech and resources—and more overseas exposure
Fiat Chrysler Automobiles NV’s proposed merger with France’s Renault SA is the latest jolt for the Italian-American auto maker’s U.S. operations, a unit that has seen its parent company change three times in the past two decades.
Last week, Fiat Chrysler proposed a roughly $40 billion merger with European rival Renault, a tie-up that if completed would create a global auto-making giant with nearly 9 million vehicles sold a year.
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