Renault Nissan Merger Might Very Well Happen, But Not Before 2020

RENAULT-NISSAN-Carlos-Ghosn-1

Two weeks ago, Nissan chief executive Hiroto Saikawa said a merger with Renault wouldn’t make any sense. In fact, he said it would have “side effects”.

Renault-Nissan Alliance boss Carlos Ghosn seems to have a different opinion, though he stresses that such a merger most likely won’t happen before 2020.

Speaking at Bloomberg’s Sooner Than You Think summit in Paris, Ghosn entertained the idea but commented that it could bring with it certain challenges.

“Lots of mergers collapse and destroy value — the strength of any company is the ability to motivate people, and how are you going to do that if some of these people consider themselves second-class citizens,” Ghosn said.

Nevertheless, Ghosn believes it is one possibility to form deeper ties between the companies and ensure they remain successful moving forward.

“This is something on which we need to bring a solution, and we need a solution that is specific. Let’s try and find something that will reassure the stakeholders that this will continue, but at the same time maintain the identity [of each brand],” he said.

The lopsided alliance between Nissan and Renault sees the Japanese marque holding a 15 per cent stake of Renault and no voting rights. By comparison, Renault owns 43.4 per cent of Nissan and is able to vote on corporate matters. The French government also owns a 15.1 per cent stake in Renault.

Austro Daimler Bergmeister ADR 60 Brings Its AMG GT…Err…1930s Inspired Looks To Salon Prive

The ADR 630 Shooting Grand is an art deco-inspired PHEV capable of hitting 62 mph in 2.5 seconds .

2020 C8 Corvette Isn’t Getting A Manual Because It Wasn’t Worth The Effort

The new 2020 Corvette will not get a manual because not enough people would buy it .

You Can Now Have Amazon Deliver Your Packages Inside Your New Acura RDX

Third-gen RDX owners can now have their Amazon packages delivered inside their vehicles.

A BMW M3 E46 Just Sold For $90,000, Will This Become The New Normal?

The BMW M3 E46 is quickly becoming a modern classic and prices are rising.

Commuter On Death Wish Rides Electric Scooter On Texas Highway!

We’ve seen some pretty stupid things captured on cam, but this one probably ranks among the most unreasonable ever.

Vin Diesel Gifted SpeedKore’s Unique 1650 HP Dodge Charger Tantrum For His Birthday

SpeedKore presented its 1650 hp Dodge Charger Tantrum a few years ago at SEMA.

Hear Akrapovic Work Its Magic On 2020 Toyota Supra’s Soundtrack

Made out of titanium, it is lighter, emits a more evocative sound and probably liberates a few extra ponies as well.

2020 Corvette C8: GM Claims It Has Yet To Test Its Top Speed

GM has said the C8 will hit 60 mph in under 3 seconds in Z51 guise, but its v-max is still unknown.

BMW To Invest More On New Mini Crossovers In A Bid To Regain Market Share

Mini is set to offer more SUVs and two-door hatches .

New Ecurie LM69 Reimagines The Classic Jaguar XJ13 Racer For The Road

The unique Jaguar XJ13 will live again through Ecurie’s new LM69 supercar.