TOKYO - Nissan on Wednesday told Renault it wasn’t opposed to its partner’s potential $35 billion merger with Fiat Chrysler, the Nikkei newspaper said, as the two met to hash out the future of their alliance amid a deal that could upend the auto industry.
“We are not opposed,” the Nikkei quoted an unnamed Nissan source who had attended the meeting as saying. The person also said “many details need to be worked out” before the Japanese automaker solidifies its position on the issue, the Nikkei reported. The tie-up also poses an additional challenge for Nissan CEO Hiroto Saikawa, already grappling with poor financial performance and an uneasy relationship with Renault after Nissan led the ousting last year of long-standing alliance chairman Carlos Ghosn.
Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan.🌎🇺🇸💋💕
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:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
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 »
Fiat Chrysler presents plan for merger with RenaultThe Italian-US carmaker 'has today delivered a non-binding letter to the Board of Groupe Renault proposing a combination of their respective businesses as a 50/50 merger', statement says.
Source: trtworld - 🏆 101. / 63 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 »
Fiat Chrysler makes merger offer to RenaultFiat Chrysler makes merger offer to French rival Renault, in a deal to create a new third-ranked global manufacturer by gpiov_ Laurence_Frost Fiat is the beast👌 Tell them to use Japanese engines, all engine peripheral parts, complete air conditioning system if they want to compete the market and make the prices affordable low prices This is free of charge consultation BlanikZ Only Renault? And what a second part from alliance, Nissan-Mitsubishi?
Source: Reuters - 🏆 2. / 97 Read more »