Renault reportedly plans to restart Nissan merger talks in bid to buyout Fiat-Chrysler

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One of the world's largest car-making pacts could become even larger. Renault is reportedly planning to merge with Nissan, then buy Fiat-Chrysler.

French carmaker Renault is keen to restart its merger plans with Nissan, then buy another firm, the Financial TimesRenault and Japanese automaker Nissan already have an alliance alongside Mitsubishi. A merger was a long standing plan of embattled former CEO Carlos Ghosn.

Fiat-Chrysler is said to be keen on a potential merger or partnership and has been in contact with other rivals in the past.French automaker Renault is planning to restart merger talks with Japanese carmaker Nissan in the next 12 months, to the Financial Times, citing people familiar with the matter. The merged company may then buy another auto firm, the FT said, with Fiat-Chrysler"among the preferred targets."Fiat-Chrysler has a market capitalization of about €21 billion . Combined, Renault, Nissan and Mitsubishi, have a value of more than €50 billion, the FT said.A Renault-Nissan merger was partly the brainchild of former executive at the automakers, Carlos Ghosn.

 

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Renault aims to restart Nissan merger talks within 12 months: FTFrance's Renault SA intends to restart merger talks with Japan's Nissa... Renault said . Then Nissan’s Another Coup will start France 🇫🇷 changed Law for State Own Enterprise Renault and hijack Foreign Company Nissan ? France 🇫🇷 is like China 🇨🇳 Never buy any song. My third Nissan saw its transmission died at 89k miles & Nissan basically told me too bad. They also told me loyalty counts for nothing. Then kengarff said they wouldn’t charge me the $150 diagnostic fee & they did anyways.
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