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Reuters reveals FCA-Renault revival may hinge on Nissan stake cut

Reuters reveals FCA-Renault revival may hinge on Nissan stake cut

Reuters exclusively reported that Fiat Chrysler Automobiles NV and Renault SA are looking for ways to resuscitate their collapsed merger plan and secure the approval of the French carmaker’s alliance partner Nissan Motor Co Ltd. Nissan is poised to urge Renault to significantly reduce its 43.4% stake in the Japanese company in return for supporting a FCA-Renault tie-up, Reuters sources said.