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© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.Fiat Chrysler, Renault in talks about alliance
By ALEXANDRA OLSON NEW YORK©2024 GPlusMedia Inc.
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kazetsukai
It is an announcement for Nissan and Mitsubishi to cut ties with Renault. Renault is "seeking" other revenues now that they know they cannot (with Japanese government involvement) or too risky to continue with Nissan.
It is also an interesting aspect of how business is conducted by the world. May be not a "double-cross" but definitely a change in loyalty and preference.
Samit Basu
Wow, so Renault-Nissan-Mitsubishi-Fiat-Chrysler-Dodge-Jeep alliance forming?
vinarius@pm.catv.ne.jp
Why would any company wants to join hands with Nissan beats me ???.Nissan has the worst Japanese president, saikawa.
verybigfurrymonster
Smart move from Renault. Now Renault-FCA is bigger than Nissan in revenue and sales so Nissan's argument of an imbalance in the alliance doesn't hold anymore.
Renault is basically telling Nissan, if you don't want us, we have other options.
Also very importantly, messing with Renault-FCA would now means messing with the US&Europe and not just with Europe so Japan Inc should think twice about it now.