Automakers

FCA-Renault deal would test pledge to keep all plants open

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By:
ELISABETH BEHRMANN, TOMMASO EBHARDT and TARA PATEL
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By:
Bloomberg
|
May 31, 2019 12:58 PM

A promise by Fiat Chrysler Automobiles to deliver 5 billion euros (US$5.6 billion) of savings in its merger with Renault without closing plants looks audacious to some analysts, given the Italian automaker's surplus capacity in Europe.

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