Carlos Tavares, a former Renault star credited with reviving the company’s French rival Peugeot SA, has long shone as a restructurer-in-chief, staring down unions and slicing down bureaucracies. Combining Peugeot and Fiat Chrysler Automobiles NV would create the fourth-largest global auto manufacturer, a big advantage for amortizing investments in electric vehicles and getting the best prices from parts suppliers. The auto industry faces “ten years of chaos,” Tavares told reporters at September’s Frankfurt auto show. …read more
Source:: Yahoo Finance
