Renault-Fiat merger is abandoned, pretty much out of the blue
So-called mergers of equals are never easy, and this one exposed distrust among all parties, including the French government
Well that was abrupt.
Fiat Chrysler Automobiles’s (FCA) decision to abandon merger talks with Renault has left all parties with soufflé on their faces. Both companies now have much work to do to address the respective frailties their failed merger talks have laid bare...