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NAPLES, ITALY - 28 MAY 2019: A Renault car is seen here driving in Naples, Italy, on May 28th 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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20190528_NYT_Fiat-Renault
NAPLES, ITALY - 28 MAY 2019: A Renault car is seen here driving in Naples, Italy, on May 28th 2019.<br /> <br /> 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.<br /> 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.