Italy’s Fiat Chrysler and France's Renault announced they were in advanced merger talks that could create a new leader in the global car manufacturing industry. The proposal was advanced by Fiat, with the vocal support of Italy’s Deputy Prime Minister Matteo Salvini, and was welcomed by Renault.
French Finance Minister Bruno Le Maire made clear that France would require job guarantees to allow the emergence of one of the biggest auto-empires in the world. Fiat has made no commitment on jobs but...
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