Nissan reportedly not opposed to Renault-FCA merger plan

📆 2019/05/30 0:15:00
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Nissan was blindsided by news of the potential $35bn merger, stoking concerns that the deal could weaken Nissan’s 20-year relationship with Renault

Nissan president and CEO Hiroto Saikawa. Picture: REUTERS/KIM KYUNG-HOON

The plan, which would create the world’s third-largest vehicle 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 with Nissan, 43.4% owned by the French car maker.

Nissan, which has rebuffed overtures by Renault for a merger of their own despite their 20-year alliance, was blindsided by the discussions, sources have told Reuters, stoking concerns that a deal with FCA could weaken Nissan’s relations with Renault.

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