If anyone believes these two should not be wed... please speak now. Fiat Chrysler spoke. About itself. The car-glomerate left Europe's Renault on the altar, withdrawing the $40B merger offer it had announced just two weeks ago. Here's the strange family background behind the deal:
Straight up family drama... All those underlying relationships created tension — And within just a few days, a series of events broke up the wedding while the prenup was still getting signed:
This reflects Europe's national divides... With dozens of brands, Europe's carmakers are constantly competing with each other. Alliances or mergers could save money and boost efficiency so that everybody wins — Fiat Chrysler thought committing to Renault would be "transformational" to take on Germany's Volkswagen. But now it's back to national rivalries.