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Fiat Withdraws Deal to Merge with Renault

06 June 2019 Maria Gregoriou

Fiat Chrysler withdrew its proposal to merge with French automaker Renault due to the lack of political conditions that would ensure a successful deal.

The talks between the two automobile companies have been going on since May and after a series of late-night meetings, the French government requested a vote for or against the merger to be delayed.

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  • Germany's trade surplus rose slightly in October
  • Swiss unemployment rate remained unchanged in November
  • China says hopes it can reach trade agreement with U.S. as soon as possible
  • Eurozone investor confidence rose sharply in December - Sentix

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