Fiat Chrysler walks away from mega-merger with Renault

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Italian-American carmaker Fiat Chrysler has withdrawn a proposal for a merger with Renault

Fiat Chrysler "remains firmly convinced" of the interest of its offer but "political conditions do not currently exist in France to carry out such an arrangement", it said.

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Car industry gloom as Ford plant faces closure and Fiat-Renault merger stalls - business liveRolling coverage of the latest economic and financial news, as workers in Bridgend gather to hear the future of Ford’s engine plant Make automobiles that are effectively strong and durable, able to last. Get rid of all that cheap back away plastic.
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