Renault chairman to resume alliance with Nissan by 2020

Renault logo

Renault Chairman Jean-Dominique Senard is determined to get the automaker’s alliance with Nissan Motors back on track next year, he stated on Tuesday, adding other matters such as a potential tie-up with Fiat Chrysler were less of a priority. The Renault-Nissan partnership was rocked by previous alliance boss Carlos Ghosn’s arrest in Tokyo during last […]

France is looking for a ‘reasonably favorably’ on Renault/Fiat deal

Renault and Fiat logo

The French government is looking “reasonably favorably” on a proposed merger deal between Italian automaker Fiat and French peer Renault, stated government spokeswoman Sibeth Ndiaye on Monday. “It’s a project that we are looking on in a reasonably favorable light,” Ndiaye informed BFM TV. “Of course we have to look at the conditions under that […]

Government of Italy might ask for symmetry with Paris in FCA-Renault merger

Fiat Chrysler Automobiles (FCA)

Italian government is going to defend national interest in the FCA- Renault merger and might look for a stake in the new international automaker to match French state holdings, a major League ruling party lawmaker said on Monday. Fiat Chrysler has made a “transformative merger” proposal to Renault, the Italian automaker stated, in a deal […]

Nissan, Renault, Mitsubishi Motors hold the first meeting of new management body in France

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

The new management body of Nissan Motor, Renault SA and Mitsubishi Motors held its first meeting Friday and started discussing ways to improve the alliance following multiple arrests of former Chairman Carlos Ghosn. Nissan CEO Hiroto Saikawa, Renault CEO Thierry Bollore and Mitsubishi Motors CEO Masuko Osamu participated in the meeting, which was chaired by […]

Document says Ghosn is suffering from kidney failure, was arrested illegally

Carlos Ghosn pictures

Former Nissan CEO Carlos Ghosn’s “illegal” arrest has interrupted his treatment for chronic kidney failure, which Ghosn suffers from as a result of treatment for high cholesterol, his defense stated in documents observed by Reuters on Thursday. Ghosn’s defense team, in documents prepared after Ghosn was arrested for the fourth time by Tokyo prosecutors last […]