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.

2020 Toyota Supra Driver Floors It, Crashes Right Into A Tree

The driver was probably trying out some kind of mod, but lost control of the Supra and crashed into a tree.

2020 Audi S8 Offers Supercar Performance Wrapped In Comfort And Luxury

The S8 has a rather discreet styling, but with 563 HP and a plethora of safety and comfort features, it’s very tempting.

Holden’s Project Monaro Is A Wonderful One-Off – And You Can Win It

The one-off Holden Monaro in question is painted Panoramo Blue Suede.

2019 LA Auto Show Preview: A-To-Z Guide To All The Debuts

Here’s a full list of all the world and North American vehicle premieres happening at the 2019 LA Auto Show .

Bad Driver Gets Instant Karma After Near Collision

Following the close call, the driver cut off a cop and got pulled over.

2020 Mercedes GLA Will Debut In “A Few Weeks”

Mercedes will reportedly skip auto shows and debut the 2020 GLA online.

1954 Jaguar XK120 Needs More Than A Dust-Off To Be Brought Back To Life

The classic Jaguar XJ120 will be auctioned off online between November 20 and 27 for an estimated $32k-35k.

Is This The Steering Wheel From The 2021 Corvette Z06?

If so, the Z06’s steering wheel will have carbon inserts and a red center line marker.

Consumer Reports Names The Chevrolet Camaro And Colorado The Least Reliable Cars In America

Chevrolet had the worst models, but Cadillac was rated the least reliable brand.

Customers Dumping Chevrolet And Ford Following The Death Of The Cruze And Focus

Cruze and Focus owners are now buying Civics and Corollas.