Fiat Chrysler withdraws its merger supply to Renault



Surprisingly, Fiat Chrysler withdrew its supply of merger with the French producer Renault Thursday evening. That stated FCA spokesman Niel Golightly in Rome.




Shortly earlier than, the Renault Board of Administrators had postponed its choice to open formal merger talks with FCA on the request of the French authorities with out giving any purpose.



FCA introduced final week its merger request with Renault. The 2 corporations would unite to turn into the world's third largest automaker after the merger and problem the market leaders, Volkswagen and Toyota.

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