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TURIN, ITALY - 29 MAY 2019: The entrance to the Italian headquarters of FCA (Fiat Chrysler Automobiles) is seen here 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.
- ©2019 Gianni Cipriano
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