Renault SA’s partnership with Geely may be a more natural one than its longtime alliance with Nissan Motor Co., Chief Executive Officer Luca de Meo said.
Although Mitsubishi considered joining the Honda-Nissan merger, that was old news by late January. That alliance might have been part of the problem. Although not an actual merger, the car companies involved each own stakes in the other—in Renault's case,
Cultural differences have long complicated Renault's collaboration with Nissan and Mitsubishi Motors, raising the possibility that the French automaker may strengthen its ties with Geely instead. Against this backdrop,
Nissan Motor Co.’s biggest shareholder said emphatically that terminating tie-up talks with Honda Motor Co. was the right decision.
Taiwanese contract manufacturer says it would consider a deal only as part of co-operation on electric vehicles
Japanese business leaders are reportedly urging Tesla CEO Elon Musk to step in as a strategic investor in Nissan after the company’s merger talks with rival Honda collapsed last week.
Renault CEO Luca de Meo says that the firm will continue to deleverage its exposure to Nissan and that his first target was to ensure Renault "could walk" on its own legs independently from Nissan.
Cultural differences have long complicated Renault's collaboration with Nissan and Mitsubishi Motors, raising the possibility that the French automaker may strengthen its ties with Geely instead. Against this backdrop,
Reports of an overture towards the American electric vehicle maker come days after Nissan’s merger talks with Honda collapsed.
As iPhone maker Foxconn circles the ailing Japanese automaker Nissan Motor Co., Renault SA will play a decisive role in any deal that’s struck.
That deal—one branded "a desperate move" by former Nissan CEO and fugitive from Japanese justice Carlos Ghosn—fell apart last week after Renault demanded a price premium for its shares in Nissan, and Nissan demanded a merger of equals with Honda.
The Honda-Nissan on-again, off-again, on-again merger is the international automotive saga that keeps on giving. Now there's another twist.