Carlos Ghosn Says There’s No Chance Of A Renault-Nissan Merger

Think it’s about time for the Renault-Nissan-Mitsubishi Alliance to merge into one entity? Think again, says Carlos Ghosn.

“Anybody who will ask Nissan and Mitsubishi to become wholly owned subsidiaries of Renault has zero chance of getting a result,” the chairman of the alliance and CEO of Renault told Mitsubishi shareholders, according to Reuters.

Though the statement ostensibly precludes only Renault taking over its two Japanese allies, Nissan CEO Hiroto Saikawa also reportedly said that a “full merger” is not being discussed by the members of the alliance, in whatever form.

“We need to work together… to find a system by which what we have today, which is working very well, can continue in the future no matter who is leading the alliance,” said Ghosn.

Though incorporated separately, the three automakers share common ownership, leadership, and billions in syngergetic cooperation. It’s a unique arrangement that’s very different from the shared umbrellas that rival groups like Volkswagen, General Motors, or even Fiat Chrysler cast over their various brands.

The reciprocal ownership structure among the members of the alliance has Renault holding 43.4 percent of Nissan, and Nissan in turn controlling 15 percent of Renault. Nissan acquired 34 percent of Mitsubishi in 2016.

When tallied together, the combined sales of Renault, Nissan, and Mitsubishi would make the alliance the largest producers of automobiles in the world – just ahead of Toyota and Volkswagen. Counted separately, Nissan ranks as the sixth largest (behind Toyota, VW, Hyundai, GM and Ford), and Renault as the ninth (behind Honda and FCA).

more photos...
  • Craig

    ONE WEEK FROM NOW: “This just in. Renault and Nissan Merge!”

  • Paul

    If at some time it suits them better they probably will. One should never say never. 😉

  • Leconte Dave

    Good

  • Dude

    People keep asking this and they keep saying no. I don’t see it happening any time soon so I must be missing something,

  • FlameWater

    Let’s focus more on a Mitsubishi/Nissan GT-R Lancer Evolution prototype instead

  • Brent Morrison

    A merger never works out…. check out Daimler Chrysler and Fiat Chrysler lol…. Disastrous.

  • Honestly they already work like a one company anyway.

  • Infinite1

    Yup, it’s called the Mitsubishi e-Evolution Concept.

Skoda Kamiq Launches In Great Britain With A £17,700 Price Tag

Skoda is launching the new Kamiq in the United Kingdom, with first deliveries to start in November.

Tesla Model S Prototype Allegedly Demolishes Porsche Taycan’s ‘Ring Lap Record

The fastest lap timed manually by a witness was 7m23s, making the Model S prototype 20 seconds quicker than the Taycan.

Ford Could Build More Than One MEB-Based EV In Europe

Ford is interested in building multiple electric vehicles based on the VW Group’s electric vehicle platform.

Audi’s Deadline For Removing All Illegal Diesel Software Is This Month

Audi will face penalties if it fails to remove illegal software from diesel cars by September 26.

2020 DS 8 Flagship Starts Testing In Europe Ahead Of Launch Next Year

The EMP2-based DS 8 will be built in China and will first launch there before possibly arriving in Europe.

BMW Wants To Kill Off i3 EV Hatch In Favor Of Other Models

BMW’s focus going forward will reportedly be on PHEV derivatives of current models as well as all-electric new models.

Honda Wants To Sell At Least 10,000 e EVs Annually In Europe

A successful Honda e will allow the carmaker to achieve the EU’s fleet average of 95 g/km CO2 and avoid paying costly fines over emission targets.

2021 VW ID.4 Compact Electric Crossover Spotted Testing Alongside ID.3 Hatch

The ID.4 will go on sale in the United States next spring, with deliveries scheduled to commence in late 2020.

GM And UAW Resume Negotiations As Workers Continue Their Strike

The strike could cost the company $50 million daily in lost production alone, according to analysts’ estimates.

Mazda Will Unveil New EV Prototype At Tokyo Motor Show

The electric vehicle will be available for test drives disguised as a Mazda CX-30, but will have a new EV platform underneath.