FCA Proposes a Merger with Renault

Now there are rumors of the talks being revived, with Nissan wanting a much larger cut of the action. One thing that hasn’t changed in all of this is that the clock is ticking on FCA. Beyond Jeep, Ram Trucks and its muscle/police cars the company is clearly not positioned for the future because it is woefully lacking in advanced technology. And the whole idea of merging with another automotive partner is designed to fix that.

No that only applies to NA, it has no relevance outside. Fiat is much more than FCA outside NA. Renault wants a tie up to accessthe NA and have much more punch in the vastly bigger Global market.
To put into perspective want I am referringv too. VW Corporation has only ONE PERCENT of it of it's total business in NA