Tag: french
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Fiat Abruptly Withdraws $39BN Offer To Merge With Renault, Blames French State
Together with the worldwide automobile industry sinking slowly into the worst regeneration since the global financial crisis, a single ray of hope surfaced a week ago when, out of the blue, Fiat Chrysler suggested a merger with French auto giant Renault, providing at least some assistance for those stocks of beleaguered automobile makers. And then,…