A week ago, a hungry Chinese or Indian automaker seemed a likelier mate for FCA than Renault. The fear was a rapacious wannabe would make a too-rich-to-refuse bid for FCA, then strip its acquisition of brands and technology without regard for the company’s U.S.-based manufacturing, engineering, design and employment.
The reality today is a 50/50 partnership, and Renault’s history suggests it plays well with others, despite current strife in its alliance with Nissan and Mitsubishi. The proposed merger, which Renault’s board supports, would give FCA access to electric vehicles and other technologies the Italian-American automaker gave short shrift.
Read the full story, "Merger with Renault has potential to make Fiat Chrysler a heavyweight," at www.freep.com.
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