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Unprecedented transformation in the car industry is spurring talk of a deal that would create the world’s biggest auto manufacturer, dwarfing Volkswagen AG and Toyota Motor Corp.
Renault SA aims to restart merger talks with alliance partner Nissan Motor Co. within 12 months, then acquire another rival -- with Fiat Chrysler Automobiles NV a top target, the Financial Times reported. Adding Jeep, Ram and Maserati to the French and Japanese maker’s namesake brands would create a carmaker producing 15 million vehicles a year, by far the most in the world.
The combined workforce would reach more than half a million people --
