Fiat Chrysler Wants To Do Mega Merger With Nissan & Renault Unlisted Video

Fiat Chrysler has proposed a €32.6 billion ($36.5 billion) all-share merger with fellow automakers Nissan and Renault. The deal could create the world's third-largest car manufacturer, behind Volkswagen and Toyota. Fiat Chrysler (FCA) and Renault would each own 50% of the businesses, which would be larger than General Motors with combined sales of 8.7 million vehicles a year and combined annual revenues of €170 billion, FCA said in a release.