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TURIN, ITALY - 29 MAY 2019: A man steps outside the Italian headquarters of FCA (Fiat Chrysler Automobiles) in Turin, Italy, on May 29th 2019.
The French carmaker Renault said on Monday that it was considering a proposal by Fiat Chrysler to merge and form a global partnership aimed at improving their chances of surviving the coming perilous and costly shift to electric and self-driving cars.
If the proposal goes forward, the new company would displace General Motors as the third-largest car company in the world, behind Volkswagen and Toyota, and significantly change the balance of power in the global auto industry.
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