News By/Courtesy: Prathipati Navya | 26 May 2019 22:39pm IST

HIGHLIGHTS

  • Renault, Nissan and Mitsubishi the renowned car makers of French and Japan may have a discourse for merger later in the future
  • The CEO of the French car manufacturer Jean Dominique Senard said the same in an interview on Saturday
  • Japanese company Nissan has opposed to the proposal at its present situation after the arrest of the Ghosn

The CEO of the French car manufacturer Jean Dominique Senard in an interview with France Inter radio Station on Saturday stated Renault, Nissan and Mitsubishi the renowned car makers of French and Japan may have a discourse for merger later in the future. He said discussions about the capitalistic merger were carried out and brought out in a dramatic way recently. Now companies are working to optimize their coalition and talks about these mergers have scared everybody in the past.

Carlos Ghosn who was charged with financial misconduct had been removed as CEO of Renault saved Nissan from bankruptcy in 1999. But Ghosn has denied all the charges on him.  Now Nissan pondering its future without Ghosn. At the start of this year Renault, Nissan, and Mitsubishi proclaimed the “restart of the alliance “but the change in conditions of management like the arrest of former alliance head Carlos Ghosn, Renault has made efforts for a merger, sources are from automakers told Reuters. But Japanese company Nissan has opposed to the proposal at its present situation after the arrest of the Ghosn. 

Senard said though discussions are only going on now “I think that later on, as events unfold, Renault, Nissan, and Mitsubishi will think about that with serenity”.

Section Editor: Puja Jakhar | 26 May 2019 23:09pm IST


Tags : #Nissan #Renault #Mitsubishi #RenaultNissanMitsubishi #RenaultNissanMitsubishiMerger

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