NISSAN Motor wants Renault to reduce its 43.4% stake in the Japanese auto company as the two brands try to reshape their global alliance in a bid to revive Renault’s merger talks with Fiat Chrysler Automobiles (FCA).…
THE board of Fiat Chrysler Automobiles (FCA) has withdrawn, “with immediate effect,” its $35 billion merger proposal to Renault. A source close to the French carmaker’s board said FCA took the decision after France sought to delay…