Deals
Fiat-Renault Deal Would Test Pledge to Keep All Plants Open
- Factories in Italy running at half capacity, LMC estimates
- Le Maire wants guarantees on preserving jobs in France
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Fiat Chrysler Automobiles NV’s promise to deliver 5 billion euros ($5.6 billion) of savings in its merger with Renault SA without closing plants looks audacious to some analysts, given the Italian carmaker’s surplus capacity in Europe.