Fiat Joins Peugeot in Gains as Investors See Second-Half BoostFR

Fiat Joins Peugeot in Gains as Investors See Second-Half BoostFR

Balint Porneczi/Bloomberg

Renault last week gained the backing of three unions to move forward with eliminating 7,500 jobs and freezing wages, boosting the French carmaker’s chances of smoothly carrying out its cost-reduction plan.