Nissan would review Renault ties after FCA merger: CEO [Reuters]
NISSAN MOTOR LTD S/ADR (NSANY)
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Source: Reuters
Nissan would review Renault ties after FCA merger: CEO - Reuters 3 Min Read PARIS/MILAN (Reuters) - Nissan would carry out a “fundamental review” of its relationship with alliance partner Renault if it accepted a merger proposal from Fiat Chrysler, the Japanese carmaker said on Monday. The proposal under discussion “would significantly alter the structure of our partner Renault”, Nissan Chief Executive Hiroto Saikawa said in a statement. “This would require a fundamental review of the existing relationship between Nissan and Renault,” he said, while adding that FCA’s arrival as a new alliance member “could expand the paying field for collaboration and create new opportunities for further synergies”. FCA is engaged in intensive discussions with Renault and the French government over the $35 billion merger proposal it pitched last Monday to create the world’s third-biggest carmaker. The Italian-American carmaker is discussing a special dividend, a French government board seat and strong
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