Renault plans to resume merger talks with Nissan and then acquire Fiat Chrysler

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French automaker Renault intends to return to negotiations with Japanese automaker Nissan on the merger of companies, the Financial Times writes, citing informed sources. According to sources, Renault also plans to purchase the Fiat Chrysler auto concern in the future. These plans of the French automaker are aimed at creating a unified company capable of competing with Volkswagen and Toyota in the struggle for leadership in the global market. According to one source, Renault had already negotiated a merger with Fiat Chrysler several years earlier, but the French government prevented it. Fiat Chrysler’s market capitalization exceeds 20 billion euros. The total value of Renault, Nissan and Mitsubishi is more than 50 billion euros.

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