Renault in team-up talks with Fiat Chrysler

27 May, 2019 12:00 AM printer

PARIS: French carmaker Renault is in talks with Fiat Chrysler Automobiles with the long-term prize a world-leading alliance including Japan’s Nissan and Mitsubishi, reports say.

The Financial Times posted Saturday night that the discussions were at an “advanced” stage and could lead to “extensive cooperation”, reports AFP.

The Wall Street Journal said the talks were “wide-ranging” and could include Renault and Fiat Chrysler “joining large portions of their businesses”.

However, The New York Times said the discussions were in early stages, the specifics unclear and “could still collapse”.