Fiat-Chrysler withdraws Renault merger deal, blame French government

A source close to the French carmaker's board said Fiat Chrysler made the move after France sought to delay a decision on the deal in order to win the support of Nissan Motor Co , Renault's Japanese alliance partner.
[...]
The French government, which owns a 15% stake in Renault, had also pushed Fiat Chrysler and Renault for guarantees that France would not lose jobs, and for a dividend to be paid to Renault shareholders, including the government, people familiar with the talks said.

2.5 billion euro ($2.8 billion) special dividend: a very, very good deal

Fiat Chrysler stood to gain access to Renault's superior electric drive technology to meet ["]mandates for zero-emission["] cars.

Renault would have had a share of the Italian-American company's lucrative Jeep sport utility vehicle and RAM pickup truck franchises.

Renault's previous alliance and cross-shareholding [joint venture] with Japanese automaker Nissan had loomed all along as a potential snag. Nissan Chief Executive Hiroto Saikawa met last week with Renault Chief Executive Jean-Dominique Senard, and said he did not see "any particular negative aspect" to the proposed Renault-Fiat Chrysler merger.

another "forced technology transfer" repelled w/e 9 June

Diversity is the key to economic and political evolution.