Strong Renault-Nissan alliance remains a priority

In Corporate
June 19, 2019
S

The alliance between French car manufacturer Renault and its Japanese counterpart Nissan remains a top priority. That said French Finance Minister Bruno Le Maire on Tuesday in a comment on a possible merger between Renault and the Italian-American Fiat Chrysler. The French government is the largest shareholder in Renault.

“Only if no one doubts the strength of the Renault-Nissan alliance will it be possible to continue discussions about a merger with Fiat,” Le Maire said. He also reiterated that the French government will take the time to study a possible merger deal.

Fiat Chrysler drivers would have visited Paris last weekend. The Italian-American group and Renault are working behind the scenes, according to insiders, on possibilities to breathe new life into the failed merger. The first merger attempt collapsed earlier this month.

By: Leah Kunze

Leah Kunze just graduated MBA and is proud of it. She is interested in automotive industry and innovations. She well be glad to receive a mail to leah.kunze@economicinform.com

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