Fiat Chrysler And Renault Reveal They May Join Forces in 50/50 Merger

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. To analysts, the proposed merger looks like a partnership of two companies that have struggled as the auto industry has witnessed surging sales since the financial crisis.

https://www.businessinsider.com/fca-business-complicated-merger-renault-...