In the late 1990s, the ‘merger of equals’ between Chrysler and Daimler led to the start of the mega corporations in the auto industry. The new company was the result of the largest industrial merger ever, worth US$130 billion in 1998. While DaimlerChrysler lasted less than 10 years, it set in motion a rush of … Continue reading Renault-Nissan-Mitsubishi Alliance to spend 23 billion euros on massive electrification push