Revival of Fiat-Renault deal hinges on Nissan backing, French role

For Renault and the state, its most powerful shareholder, repairing the relationship with long-time partner Nissan Motor Co. will take priority over looking at a Fiat deal

As Fiat Chrysler Automobiles NV and Renault SA move on from their failed merger talks, a revival of discussions would depend on overcoming at least two major obstacles.

Fiat blamed “political conditions in France’’ when it withdrew its proposal, and a signal from the French state that it would give up its sway over Renault would be necessary for a resumption of talks, people with knowledge of the situation said. One option would see France agreeing to reduce its 15% stake after obtaining commitments by Fiat on French jobs and plants, the people said, asking not to be identified discussing