26/05/2019

Two decades of tie-ups and break-ups among EU carmakers

French auto giant Renault and Italian-US counterpart Fiat Chrysler are planning to announce an alliance, further reshaping Europe's auto sector which has already witnessed two decades of takeovers, alliances and break-ups.

Renault, Fiat Chrysler in tie-up talks

French and Italian-US auto giants Renault and Fiat Chrysler are set to announce talks on an alliance, with a view to a potential merger, informed sources said on Sunday.