As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by NYTimes.com:
Fiat Chrysler and Renault were deep in talks on Sunday about a global partnership agreement that could ultimately lead to a full-blown merger, according to three people with knowledge of the companies’ talks.
The negotiations remained fluid on Sunday, with a range of outcomes possible. Both sides were hoping to announce an agreement on Monday morning.
The article goes on to state the following:
At a minimum, the two sides have agreed to share technology, intellectual property, supply chains and plants to develop and manufacture vehicles, these people said.
To get more information about this article, please visit NYTimes.com. To weigh in, leave a comment below.