TOKYO - Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler , it said on Wednesday in a lukewarm endorsement of the proposed $35 billion tie-up, which would complicate an already uneasy alliance.
“Overall, we don’t see any particularly negative aspect” to the planned merger, which was for Renault and FCA to decide, Nissan Chief Executive Hiroto Saikawa told reporters on Wednesday. But Mitsubishi Chairman Osamu Masuko said the Japanese partners had not been left in the dark - even as he acknowledged that he was only directly told by Renault for the first time on Wednesday, two days after the deal was announced.
Rarely do I stick my neck out in business strategy. This carries hallmarks of success.CSFs will revolve around getting Unions on board & significant FTE reductions plus quality in terms of reliability & endurance in USA manufacturing sites. WednesdayWisdom. VWGroup fiat
'Come on!'...Nissan CEO will say anything to keep his share holders from panicking...until he collects his bonus and moves on... ( the rest of us know quality at nissan has taken a dump )
Just even crappier cars....your Dodge will fall apart in 2 years vs 4...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan: NikkeiNissan on Wednesday told Renault it wasn't opposed to its partner's po... Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan.🌎🇺🇸💋💕
Source: Reuters - 🏆 2. / 97 Read more »
Renault, Nissan, Mitsubishi may discuss a merger in the futureCar makers Renault, Nissan and Mitsubishi may discuss a merger later in the futu... Introducing the Renissubishi. Yes, because the Strategic Partnership that has been around since 1999 proves worthy and as a way to solidify the position of No.1 Electric Car sellers globally, the merger will be the best strategy. The future is skewed towards green energy & the market for electric car is huge.
Source: Reuters - 🏆 2. / 97 Read more »
Fiat Chrysler proposes merger with French carmaker RenaultFiat Chrysler's proposal to merge with Renault would make the resulting company the world's No. 3 automaker. It comes at a troubled time for the Renault-Nissan-Mitsubishi alliance, following the arrest of leader Carlos Ghosn. Cheers, another feather in the cap for price and software manipulation! Terrible unreliable car brands. I will stick with my Honda it'll be like another link in the turd sausage that Fiat has always been.
Source: AP - 🏆 728. / 51 Read more »
Nissan board nominees not broaching merger issue: memberNissan Motor Co is not considering the possibility of a merger with top sharehol...
Source: Reuters - 🏆 2. / 97 Read more »
Italian government might ask for symmetry with Paris in FCA-Renault merger - League lawmakerItalian government will defend national interest in the FCA- Renault merger and ... continuous consolidation of the automotive industry is a sign of weakness and potential disaster. creation of too big to fail monsters will end up on the liability side of respective governments' balance sheets. this should be avoided at all costs.
Source: Reuters - 🏆 2. / 97 Read more »