Fiat Chrysler proposes 50-50 merger with Renault – TechCrunch

Fiat Chrysler proposes 50-50 merger with Renault – TechCrunch:

Fiat Chrysler Automobiles has proposed merging its business with Renault that, if accepted, would create the third largest global automaker with 8.7 million in annual vehicle sales.

Sees an environment of increasing regulatory pressure, declining sales and rising costs associated with next-generation technologies such as autonomous vehicle technology.

https://autonomous-driving-news.tumblr.com/post/185172361634

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