Fiat Chrysler in Tie-Up Talks With Renault: Sources

Fiat Chrysler in Tie-Up Talks With Renault: Sources
A FCA (Fiat Chrysler Automobiles) logo is displayed during a press day ahead of the Geneva International Motor Show in Geneva, on March 6, 2019. Harold Cunningham/ AFP/Getty Images
Reuters
Updated:

MILAN/PARIS—Fiat Chrysler and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, two sources with knowledge of the discussions told Reuters on Saturday.

The talks are at an advanced stage, the sources said. The Financial Times earlier reported that FCA and Renault were discussing a deal to forge “extensive ties” to tackle structural challenges facing the global auto industry.