Ford is recalling over 1.3 million vehicles mainly in North America to fix rear suspension and transmission control software problems
Exchange marks a new low in automakers’ relationship.
Sources say French government wanted job and investment assurances.
Renault’s board said Tuesday after meeting at its headquarters near Paris.
Wrangler sales fell 2 percent in May after sliding 25 percent in April.
French company controlled Jeep for about 6 years in the 1980s.