Fiat Chrysler and Renault are negotiating partnerships

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Automakers Fiat Chrysler Automobile and Renault are negotiating partnerships, discussing the exchange of shares and the prospect of a full merger. This was reported to The Financial Times and the Wall Street Journal by sources familiar with the situation. If companies agree on a merger, then a new car manufacturing company will appear in the world, which will produce 9 million cars a year. Its capitalization will be about 37 billion dollars. According to these indicators, it will be the third in the world after Volkswagen and Toyota. Combining the financial and technological resources of the two companies will enhance their competitiveness, especially in view of the challenges that the automotive industry is facing today in the world. Sources also said that at the first stage of cooperation, companies can exchange stocks.

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