Fiat Chrysler withdraws merger offer to Renault after Nissan balks
By feedback@highgearmedia.com (Eric C. Evarts) A potential merger between Fiat Chrysler and Renault, which would have involved Japanese partners Nissan and Mitsubishi, is off the table. Fiat Chrysler withdrew the offer after Nissan, Renault’s larger but junior partner withheld its support. A report in trade journal Automotive News (subscription required), noted that Nissan representatives… …read more