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Business

Priority for Renault is boosting Nissan alliance-France's Le Maire

CERNOBBIO: French Economy Minister Bruno Le Maire on Saturday poured cold water on the possibility of merger talks b

Sep 07 2019

CERNOBBIO: French Economy Minister Bruno Le Maire on Saturday poured cold water on the possibility of merger talks between Fiat Chrysler and Renault resuming any time soon, saying the priority for the French car maker was to strengthen its alliance with Nissan.

"I think it would be better not to do two things at the same time," Le Maire said when asked about a possible restart of the collapsed merger talks.

He was speaking on the sidelines of the Ambrosetti business forum.