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The agreement may ultimately lead the carmaker to join the Renault-Nissan-Mitsubishi Alliance in the future, some of these people added, while also warning that this outcome would mean taking a complicated path that would involve winning over Japan’s Nissan.
The discussions are ongoing and could still fall apart, these people said, cautioning that a number of structures and options are being considered. There is no guarantee the wide-ranging talks will lead to an agreement.
FCA has already been in discussions with Renault about sharing platforms, the manufacturing base that underpins a car, and is also holding similar talks with Peugeot owner PSA in France. It is understood that talks with Renault have moved beyond simply sharing the technology, and that they advanced faster than those with PSA.
FCA chief executive Mike Manley previously told the FT: “If there’s a partnership, merger, relationship that makes us stronger, then I’m absolutely open to looking at it.”