When product designers run out of inspiration, they pile on the features. That’s the formula behind the proposal to merge Fiat Chrysler with France’s Renault, then fold the combo into Renault’s existing alliance with Nissan and Mitsubishi—and yet with promises that no jobs will be cut, no factories closed. But then auto makers are stuck trying to adapt to a world made increasingly absurd by government mandates that they churn out electric cars at a loss. Bloomberg News succinctly defined the trade-off behind the latest megadeal:...

Source: Wall Street Journal May 28, 2019 23:12 UTC