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 Honda N-WGN Is Japan’s Latest Kei Car

The new N-WGN is based on the latest N-Box and has a starting price equal to $12k.

BMW Doesn’t Care About AWD Uber Hatches, Will Roll Out More M2 Variants Instead

The M2 will soon be offered in CS spec with a reported 444 HP – and other versions will follow.

New Zealand’s Rodin FZero Could Be Faster Than An F1 Car

How do 1600 HP and over 8800 lbs of downforce sound? Absolutely fabulous, of course!.

2021 F1 Rules That’ll Make Overtaking Easier Will Be Finalized In October

The new F1 cars will have a greater focus on ground effects and create less turbulent air.

Things To Do In Denver When You’re Drunk: Let A 15-Foot Snake Slither Out Of Your Car

This firefighters who came upon this strange incident by chance probably had the scare of their life until they contained it.

Hennessey Gives Chevy Silverado Extra Pair Of Wheels, Calls It The Goliath 6×6

Based on the Trail Boss Z71, it can be upgraded to 705 HP and starts at $375,000, donor truck included.

Uber Driver Gets Mistaken For Getaway Driver, Gets Arrested, Then Released

The Uber driver gave a ride to a man who had just robbed a gas station with a pair of scissors.

Prancing Horse Invites The Public To Maranello With Universo Ferrari Event

The Universo Ferrari event will allow visitors to see the company’s best road and race cars of all time.

2020 Mercedes-AMG GLC 43 4Matic Launches With 385 HP

The new 2020 Mercedes-AMG GLC 43 4Matic features a twin-turbo 3.0-liter V6.

2020 Cadillac CT5 Costs Nearly $10,000 Less Than The CTS

Tired of fighting the Germans head-on, Cadillac’s CT5 looks like a bargain.