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Mergers: Fiat Chrysler and Renault
  • Fiat Chrysler and Renault are in talks on a comprehensive global tie-up.

    The talks are at an advanced stage, the sources said.

    FCA and Renault have a combined market capitalization approaching 33 billion euros ($37 billion) and total global sales of 8.7 million vehicles. Besides bringing greater scale, a tie-up could help patch flaws on both sides.

    Now it becomes clear why they put Carlos Ghosn in jail.