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Fiat Chrysler and Renault 'in talks over alliance deal'

Italian-US carmaker Fiat Chrysler and France's Renault are in talks to consider forming an industrial partnership, according to several sources cited in media reports.

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Fiat Chrysler and Renault are in discussions to form a partnership, a source familiar with the talks said, reports CNBC.

The Italian-American and French automakers are looking at a number of opportunities that would have the companies working together in the future, the source said.
It is unclear if a partnership between the two automakers would lead to Fiat Chrysler eventually joining the Nissan-Renault-Mitsubishi alliance.

Fiat Chrysler declined CNBC’s request for comment. Renault could not be immediately reached for comment.
The Financial Times first reported the story.

Read more of this report from CNBC.