Talks between Fiat Chrysler and Renault have accelerated in recent days as negotiators found a way to structure a deal, people familiar with the talks told Bloomberg. Renault’s board is scheduled to meet early Monday.
The Dutch aluminum giant Constellium wanted to get serious about the U.S. auto market, so it bought a plant that makes aluminum for beer cans.
Investors are losing confidence as U.S. subsidies wane for its pricey electric vehicles and more rivals begin to flood the market.
President Trump’s escalating trade war with China could end up being a competitive advantage for some Chinese automakers racing to launch their retail networks in the U.S.
Fiat Chrysler is considering a tie up with Renault that could eventually lead FCA to becoming part of the Renault-Nissan alliance, according to reports.