Renault-Volvo Talks Stall: Merger negotiations have nearly...

Renault-Volvo Talks Stall: Merger negotiations have nearly collapsed between the state-owned Renault auto maker and Sweden’s Volvo, and both companies are seeking other possible partners. “No one should expect a large-scale operation or a global linkup in the coming weeks,” French Industry Minister Roger Fauroux told a news conference. “That would be an illusion.”