The European auto industry may be changing when the Fiat Chrysler (FCAU) and Renault (RNO) are in talks for a wide-ranging co-operation, writes the Wall Street Journal. According to the newspaper, if there is going to be an agreement, it would happen soon.

The auto makers have been discussing sharing vehicle platforms and engineering resources, the sources say. An option is also that Fiat will join a three-way alliance between Renault, Nissan Motor (7201) and Mitsubishi Motors

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