Paris — Fiat Chrysler says it has abandoned its $35bn merger offer for Renault, blaming French politics for scuttling what would have been a landmark deal to create the world’s third-biggest carmaker.
A source close to the French carmaker’s board said Fiat Chrysler made the move after France sought to delay a decision on the deal in order to win the support of Nissan, Renault’s Japanese alliance partner...
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