Fiat Chrysler to plan Renault Merger Proposal this year
Monday’s report states that a Renault merger proposal is to be presented by the German
giant, Fiat Chrysler. According to the sources, FCA is all set to propose a
merger with Renault into a partnership that could lead into redefining the
automotive industry.
The weekend seemed busy as the two giants were indulged in
the discussions about the Renault
Merger Proposal’s deal and political conflicts/influences.Though many
details are still unclear, it is assumed that the partnership of Renault with
the Japanese ‘auto-ruler’ Nissan would probably end this year. This comes after
the arrest of Nissans CEO for financial crimes which he and his layers solely
deny of.
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