Fiat Chrysler and Renault are in advanced partnership talks

Fiat Chrysler Automobiles and Renault are in advanced discussions about a possible alliance, according to a report from the Financial Times citing an anonymous "person familiar with the matter." The news isn't particularly surprising, as FCA has been a constant subject of merger and alliance talks for as long as many of us can remember. FCA CEO Mike Manley has mentioned the company's openness to merging with another automaker. It's no secret that FCA is much stronger in the United States than it is in Europe.