Renault should sell Nissan stake and press ahead with FCA merger, Bernstein analyst says

Renault should sell its Nissan stake and merge with Fiat Chrysler, says Bernstein analyst Max Warburton. In a letter to Renault Chairman Jean-Dominique Senard, Warburton writes that Renault should no longer cling to the idea that its alliance with Nissan can be preserved when all the indications are to the contrary.