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Fiat Chrysler in Talks to Merge With France's Renault Fiat Chrysler Automobiles NV (FCA) is in talks to merge with the French carmaker Renault SA (RNO.PA) in a deal that would create one of the world’s largest carmakers. The two companies have been in talks for weeks and are now close to finalizing a deal that could be announced as soon as Monday, according to people familiar with the matter. The deal would create a company with annual sales of more than $190 billion and could give the combined company a stronger foothold in Europe and other markets. The merger talks are part of a larger trend of consolidation in the auto industry as companies look to cut costs and invest in new technologies.
The Arizona attorney general has filed a lawsuit against Fiat Chrysler and engine manufacturer Cummins by accusing the companies of selling illegal Ram 2500 and Ram 3500 diesel trucks to more than 23,600 Arizona residents.
Stellantis has built the first pre-series examples of the Fiat Grande Panda at its plant in Kragujevac, Serbia. Series production is due to start in October. Stellantis has finally made initial statements about the new electric car's base price.