Old partner Nissan left sidelined by Renault-Fiat merger

  • 📰 eNCA
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Nissan has been left sidelined by a potential tie-up between Renault and Fiat-Chrysler.

The logo of Nissan is seen at the headquarters of Nissan Motor Corporation in Yokohama on November 20, 2018.JAPAN - Nissan, a long-time Renault partner, has been left sidelined by a potential tie-up between the French firm and Fiat-Chrysler, just as the beleaguered Japanese firm battles to recover from the arrest of former boss Carlos Ghosn.

Behind the scenes at the Yokohama-based firm, people believe it could further damage relations with Renault, which is already pushing for a formal merger between the pair against Nissan's wishes."Nissan appears to be being kept out of the loop, which is unpleasant for Nissan and may create unnecessary distrust of Renault among Nissan people," analyst Satoru Takada at TIW, a Tokyo-based research and consulting firm, told AFP.

With his downfall after a Nissan-led investigation, the glue bonding the pair since 1999 has been removed and relations have quickly gone downhill."For Nissan, the speculated merger is not a plus. With the merger, Nissan's position in the alliance would be relatively lowered and its independence could be flawed."

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 49. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Fiat Chrysler and Renault are set for merger to form global giantThe transaction will be structured as a 50-50 ownership through a Dutch holding company and will not entail plant closures
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Union wants to untie AVI-Green Cross merger over job cutsSactwu tells the Competition Commission that commitments made before the takeover have been broken
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

European shares up on election results and car merger talkMarkets were buoyed by pro-European parties staying in power, and confirmation of Fiat Chrysler’s merger proposal to Renault
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

Union wants to untie AVI-Green Cross merger over job cutsSactwu tells the Competition Commission that commitments made before the takeover have been broken
La source: BDliveSA - 🏆 12. / 63 Lire la suite »