LAS VEGAS, NV—“For me, it’s quite exciting,” Toyoda said. “I’m looking forward to seeing how they cooperate and develop innovative, competitive products. This would be a positive step not just for Japan but for the global automotive market.”
PARIS—Fiat Chrysler proposed on Monday to merge with France’s Renault to create the world’s third-biggest automaker (worth $40 billion) and combine forces in the race to make electric and autonomous vehicles.
STOCKHOLM—Chinese auto investors are increasingly pouring money into Europe rather than the United States because of intense U.S. scrutiny of their deals under the Trump administration, according to Reuters news service.
