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Carlos Ghosn said he is open to all options as Renault and Nissan explore deeper ties. The two automakers are in talks to merge, according to reports.
Carlos Ghosn has revived two troubled automakers and he's in the midst of doing so with a third. Now, he's poised to undertake what might well be his final act: A full merger of Renault SA and Nissan Motor Co.
Renault and Nissan are in talks to merge and create a new automaker that trades as a single stock, Bloomberg reported, citing sources with knowledge of the matter.
Ghosn moves a step closer to reassuring Renault, Nissan and Mitsubishi shareholders that their Alliance will outlast him.
The Renault-Nissan-Mitsubishi alliance continued its management reorganization by naming members of new teams designed to find new synergies in purchasing, engineering and other departments.
Early conversations around driverless cars have focused on robot taxis. But Renault-Nissan sees autonomous delivery as the more lucrative venture.
Nissan said the Renault-Nissan alliance has no plans to change cross-shareholding ratios of its member companies, after reports emerged that a closer tie-up that would lead to a merger.
After years of opposing France's influence on its partnership with Renault, Nissan may have a chance to deepen ties with its French counterpart if the government agrees to sell its 15 percent stake.
Renault and alliance partner Nissan are discussing plans for a closer tie-up in which the Japanese carmaker would acquire the bulk of the French state's 15 percent Renault holding, Reuters reported.
The Renault-Nissan-Mitsubishi alliance is looking to extend its convergence in purchasing, engineering, manufacturing and supply chains. It named new project leaders in some key areas.
Renault CEO Carlos Ghosn's final task may be his toughest: Ensure the survival of the alliance after he is no longer around to lead it.
Carlos Ghosn pledged to cement Renault's partnership with Nissan and Mitsubishi, saying the companies will come up with a plan in the next few weeks to make the alliance "irreversible."
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