Fiat Chrysler proposes mega-merger with Renault in auto industry shakeup

[NewsBot]

Fiat Chrysler Automobiles submitted a proposal Monday to merge with French automaker Renault in a multi-billion dollar deal that could create the world's third-largest automaker by volume. The equity offer would merge the automakers equally and combine complementary vehicle lineups together in an automaker that could produce up to 8.7 million cars...

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