Renault chief frustrated by French state over botched merger

PARIS (AP) — Renault’s chairman has expressed his frustration with the French government, a majority shareholder, which he says resisted a merger deal proposed by Fiat Chrysler.
Jean-Dominique Senard told a shareholders’ meeting in Paris on Wednesday that “I have rarely seen a merger proposal that could give so much positive synergy.”
He said that at a board meeting to discuss the plan, everyone approved “with enthusiasm” except one. Board members from R