The Fiat Chrysler group is set to unveil details of a tie-up with Renault, the French carmaker still reeling from the deposing of Carlos Ghosn, its former chairman and chief executive. Fiat Chrysler Automobiles, the Italian-American automotive group that is itself the product of a merger in 2014, will reveal today a wide-ranging tie-up with Renault likely to centre on the pooling of resources to invest in low and zero-emission vehicles. It will have a knock-on impact for Nissan, the Japanese carmaker that also was headed by Mr Ghosn and that is in a cross-shareholding alliance with Renault. Nissan is Britain’s second largest carmaker, with sprawling facilities in Sunderland that include the Japanese company’s investment in electric cars, producing the Leaf zero-emission vehicle alongside a…

Source: The Times May 26, 2019 23:01 UTC