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.
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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...
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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.
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