(Reuters) – The boards of automakers Fiat Chrysler Automobiles N.V.
The health crisis has thrown the global auto industry into the worst tailspin since the 2008-09 financial crisis. Consumer demand for vehicles has plummeted as governments across Europe and the United States have enforced lockdowns.
The two companies also confirmed that preparations for their merger are advancing with respect to antitrust and other regulatory filings.
(Reporting by Arunima Kumar in Bengaluru; Editing by Shailesh Kuber)