PARIS -- China's Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit that Renault plans to separate from its electric vehicle business, two sources close to the French automaker said.
PARIS -- China's Geely Automobile Holdings and an oil group are in talks about taking stakes in the fossil-fuel engine unit that Renault plans to separate from its electric vehicle business, two sources close to the French automaker said.
The expected tariff cost is significantly lower than the $4 billion to $5 billion crosstown rival General Motors estimates, which Ford attributes to its higher mix of U.S.-built vehicles.