Renault aims to restart Nissan merger talks within 12 ... (Terry Nelson)
The plans signal a return to the strategies supported by former. The kicker is, it doesn't want a merger if it perpetually has to The fear is that, in their absence, the alliance could someday dissolve. Financial Times reports Renault chairman has new confidence an alliance can be formed.
Tokyo — Renault and Nissan Motors have given themselves two years to decide on a possible merger or find an alternative mechanism to enhance their partnership, people familiar with the matter said.
The kicker is, it doesn't want a merger if it perpetually has to The fear is that, in their absence, the alliance could someday dissolve.
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When asked if a merger between the two entities could be completed this year or next, Ghosn reportedly responded by saying "I don't think so." Last week's big merger news between FCA and Renault collapsed due to a variety of factors with Nissan's lack of approval playing a HUGE role. Renault is doing the same desperate act FCA did. Nissan Motor Co.'s new CEO Makoto Uchida on Monday ruled out the possibility of a merger with French automaker Renault SA while pledging to review the medium-term business plan set by former Chairman Carlos.
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