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Fiat Chrysler Proposes Merger With Renault

Fiat Chrysler proposed a merger Monday with Renault, a union that would create the world's third biggest automaker. The merger, if it happens, would vault the new company, with annual sales of 8.7 million vehicles, into a position ahead of General Motors and behind only Volkswagen and Toyota, both of which sell about 10.6 million. The merger could give the combined companies a better chance in the battle among auto manufacturers to build new electric and autonomous...

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