EU: Macron calls for “synergies and alliances” to strengthen Renault-Nissan partnership

EU: Macron calls for “synergies and alliances” to strengthen Renault-Nissan partnership

French President Emmanuel Macron on Wednesday called for further synergies and alliances to strengthen the Renault-Nissan partnership in a global market. “The Renault-Nissan alliance is a jewel in the industry,” Macron told French expatriates in Tokyo. “We created a giant which we must not only preserve but develop synergies and alliances to strengthen it in […]

Global: Waymo partners with Renault and Nissan

Global: Waymo partners with Renault and Nissan

Waymo, Alphabet’s self-driving vehicle unit, is preparing to expand the scope of its autonomous tech efforts beyond the US in a new partnership with the Renault-Nissan Alliance aimed at creating driverless mobility services for France and Japan. The companies entered into an “exclusive” arrangement for an unspecified period to research commercial, legal and regulatory issues […]

EU: France’s Le Maire to meet Renault chairman

EU: France’s Le Maire to meet Renault chairman

French Finance Minister Bruno Le Maire said on Thursday, June 13, a Fiat Chrysler-Renault merger remained an “interesting opportunity,” but added he would tell the French carmaker’s chairman that strengthening the Renault-Nissan alliance was the priority. The French state is Renault’s biggest shareholder and sources have said chairman Jean-Dominique Senard is furious over the government’s […]

EU: Le Maire still likes Renault-FCA merger idea

EU: Le Maire still likes Renault-FCA merger idea

According to Reuters, the idea of a merger between Renault SA and Fiat Chrysler (FCA) remains a good opportunity, but nothing has changed in terms of the conditions the French government has set, French Finance Minister Bruno Le Maire said on Monday, June 10. Le Maire made the comment in Tokyo, where he is visiting […]

France: No need to hurry Renault-Fiat merger says finance minister

France: No need to hurry Renault-Fiat merger says finance minister

According to Reuters French Finance Minister Bruno Le Maire said there was no need to rush regarding the $35 billion merger talks between carmakers Renault and Fiat Chrysler, while reiterating that he nevertheless wanted the deal to go ahead. “We should take our time to make sure that things are done well,” Le Maire told BFM […]

Japan: Nissan CEO is OK with FCA-Renault merger

Japan: Nissan CEO is OK with FCA-Renault merger

According to Reuters, Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it stated on Wednesday, May 29, in a lukewarm endorsement of the proposed US$35 billion tie-up. The leaders of Nissan Motors, France’s Renault, and junior partner Mitsubishi Motors gathered at Nissan’s headquarters in Yokohama for a scheduled […]

France: Regulator wants FCA-Renault job guarantees

France: Regulator wants FCA-Renault job guarantees

According to Reuters, France will seek protection of local jobs and other guarantees in exchange for supporting a merger between carmakers Renault and Fiat Chrysler, its Finance Minister said on Tuesday, May 28. Separately, Renault Chairman Jean-Dominique Senard arrived in Japan to discuss the proposed tie-up with the French company’s existing partner Nissan – another […]

EU: Fiat Chrysler in tie-up talks with Renault?

EU: Fiat Chrysler in tie-up talks with Renault?

Fiat Chrysler (FCA) and Renault are in talks on a comprehensive global tie-up that could address some of the main weaknesses of both carmakers, reported The Financial Times. The agreement may ultimately lead the carmaker to join the Renault-Nissan-Mitsubishi Alliance in the future, some of these people added, while also warning that this outcome would […]

Japan: Nissan is opposing Renault merger

Japan: Nissan is opposing Renault merger

Nissan is opposing renewed efforts by alliance partner Renault to merge under a holding company because such a structure won’t help turn the Japanese carmaker around, a person with knowledge of the discussions said. Talks have been ongoing since Renault Chairman Jean-Dominique Senard first made an informal proposal to Nissan Chief Executive Officer Hiroto Saikawa […]