Fiat Chrysler and Peugeot owner are in talks over a potential tie-up that could create a $50 billion giant better placed to tackle a host of costly technological.
Asked if talks between the two companies were over, Elisabeth Borne told BFM TV: “I think it is not closed.”
A wrap-up of the most prominent business news of the day.
The two companies conducted meetings with the federation’s board last month to assess the local economy to pump investments in Egypt.
Ford Motor Co said on Monday it will boost production targets for two large sport utility vehicles by 25 percent this year.
Frankfurt’s vast auto show, which opens next week, is already getting attention of the wrong kind - for its impressive list of no-shows.
More than 1,200 Fiat 500s from across Europe revved into the Italian foothills on Saturday to mark the 60th birthday of the iconic little car.