Renault and Fiat-Chrysler considering merger

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FerrariF1GT

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https://www.reuters.com/article/us-...to-tackle-car-sector-challenges-idUSKCN1SX0DI

A summary by me for those who don't want to click: Should the merge be successful, it would create the third-largest automaker behind Toyota and Volkwagen. The potential merger is projected to be worth over $35 billion. FCA representatives believe that the merger would increase FCA's presence in Europe, in part to compensate for the lack of Jeep and Ram in Europe. Renault doesn't do business in the US, but they technically do because of their alliance with Nissan. Nissan hasn't commented on the talks, but FCA claims that Nissan and Mitsubishi could benefit.

I think that addressing each companies' aging platforms is more important than a merger at this time.
 
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