How the proposed merger between Fiat Chrysler and Renault crashed



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PARIS – Four days after Fiat Chrysler Automobiles NV proposed a merger to Renault SA, a French official phoned the Italian-American company to tell him that France would not be forced to any agreement.

Bruno Le Maire, French Finance Minister, was irritated to read in a French newspaper that Fiat Chrysler considered his proposal as "non-negotiable". The minister, who attended the exclusive meeting of political and business leaders and politicians in Bilderberg, met with Fiat Chrysler's president. John Elkann and says that at the …

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