Fiat Chrysler Scuttles Renault Merger, Mexico Tariffs Loom Large For The Auto Industry
Welcome to a very Motor City-centric edition of your Daily Detroit. Today, we're running down a pair of big stories from the auto industry, speaking with Kristin Dziczek, vice president of the Center for Automotive Research in Ann Arbor.
First up: Fiat Chrysler has withdrawn its $35 billion proposal to merge with French automaker Renault just 10 days after FCA first announced the proposal. It comes after the Renault board on Wednesday failed to reach a decision on the proposal, citing the French government's request to postpone a vote. The Wall Street Journal also reported that Nissan's two…
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