Merger talks by FCA and Renault catch Nissan by surprise

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Nissan heard of the Fiat Chrysler Automobiles-Renault plan just days ago, which deal could reduce Nissan’s influence in the Renault alliance

Tokyo/Beijing — Nissan found out about Renault’s merger talks with Fiat Chrysler just days before they became public, four sources have told Reuters, stoking fears at the Japanese car maker that a deal could further weaken its position in a 20-year alliance with Renault.

The plan, which would create the world’s third-largest automobile maker, raises difficult questions about how Nissan would fit into a radically changed alliance. Renault chair Jean-Dominique Senard arrived in Japan on Tuesday to discuss the proposed tie-up — and presumably to try to smooth over ties.

The fact that Renault is prepared to consider creating such challenges may be a sign of its frustration with Nissan’s reluctance over a full merger FCA has said a deal would embrace Nissan and another alliance member, Mitsubishi Motors, as “valued and respected partners”. “I have huge respect for Nissan and Mitsubishi, and their products and businesses,” FCA chair John Elkann told the Nikkei.

The Japanese vehicle maker’s clear advantage is in its technology, including vehicles that meet China’s tougher emissions regulations. Renault and FCA, therefore, would need Nissan to help them meet increasingly tough fuel economy, emissions and electric vehicle quotas around the world. “It sends a strong signal that Renault does not necessarily have to tie its fate to Nissan,” said Chris Richter, senior research analyst at brokerage CLSA, about the proposed FCA-Renault tie-up.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Old partner Nissan left sidelined by Renault-Fiat mergerNissan has been left sidelined by a potential tie-up between Renault and Fiat-Chrysler.
Fonte: eNCA - 🏆 49. / 51 Leggi di più »

Old partner Nissan left sidelined by Renault-Fiat mergerNissan has been left sidelined by a potential tie-up between Renault and Fiat-Chrysler.
Fonte: eNCA - 🏆 49. / 51 Leggi di più »

European shares lift after merger talks between Renault and FiatThe pan-European Stoxx 600 rose 0.23% on Tuesday morning, with all major European indices in the black
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

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
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

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
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Union wants to untie AVI-Green Cross merger over job cutsSactwu tells the Competition Commission that commitments made before the takeover have been broken
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »