Fiat Chrysler’s Renault merger proposal is under scrutiny in France, where stakeholders question if it undervalues the car maker and puts jobs at risk
PARIS—Fiat Chrysler Automobiles NV’s proposal to merge with Renault SA is under scrutiny in France, where the government, unions and some executives at the French auto maker are questioning whether the plan undervalues Renault and puts jobs at risk.
Fiat Chrysler wants to merge with Renault and create the world’s third-largest auto maker by production, with a market value of about $40 billion. To complete the deal, both companies would need to convince the French state and other key stakeholders in Renault that a merger doesn’t...
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