Fiat Chrysler and Renault reveal they may join forces in 50/50 merger Unlisted Video
4 years ago
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Carlos Ghosn
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Renault – Nissan – Mitsubishi Alliance
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Sergio Marchionne
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According to Business Insider, Fiat Chrysler Automobiles and Renault have revealed plans to execute a 50/50 merger with a new parent company holding the combined entity. The proposed partnership will result in the creation of the world's 3rd-largest automaker. Renault has been in a longtime alliance with Nissan and Mitsubishi; that could be coming to an end depending on the outcome of engineer Carlos Ghosn's trial in Japan on charges of financial malfeasance.
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