Renault And Nissan In Merger Talks To Form One Automaker

Renault and Nissan Motor are in talks to merge and create a new automaker that trades as a single stock, people with knowledge of the matter told Bloomberg.

A deal would end the current alliance between the companies and marry them as one corporation, said the people, who asked not to be identified as the details aren't public.

Renault currently owns 43 percent of Nissan while the Japanese automaker has a 15 percent stake in its French counterpart. Carlos Ghosn, the chairman of both companies, is driving the negotiations and would run the combined entity, the people said.

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MDarringer - 3/29/2018 10:25:51 AM

0 Boost

This changes nothing. This is 100% an on-paper thing.

TomM - 3/29/2018 8:13:12 PM

+2 Boost

Agreed - they are essentially run as one company already - so all this does is reduce the amount of money they need to support the stock holders.

MDarringer - 3/29/2018 1:46:56 PM

-1 Boost

Nah, Renault is too giddy after having ruined Nissan's reliability with French crap only to get their hands on Mitsubishi so that they can explore new levels of garbage.

mpls - 3/29/2018 4:40:10 PM

+2 Boost

If I were the Nissan board, I'dd vote against it..
Nissan needs to stay Japanese,, Rrnault has really dragged down Nissan's quality e.g. the range of diesel engines used in Europe sre from Renault.. They;ve all been found to pump out far more toxic emissions...

MDarringer - 3/29/2018 5:13:13 PM

0 Boost

Renault-Nissan-Mitsubishi will be a glorious implosion.

dumpsty - 3/30/2018 9:34:07 AM

+2 Boost

It's such a cluster-f now.

Yes, would be huge great plan...only if the 2 separate companies were able to efficiently synergize their brand strengths into 1 a single corporate operation while including the best of what Mitsubishi has to offer. Nissan would become greater - strengthening the Infiniti luxury brand as well.

If Nissan didn't have this particular type of "corporate partnership", could we assume the Nissan-Infiniti product lineups would update & respond to market changes faster & possibly compete a lot more aggressively in most of the "hot" vehicle categories.

MDarringer - 3/30/2018 10:49:55 AM

+1 Boost

They would also have a chance to avoid the styled-in-France ugliness that Renault forces on them.