Renault And Nissan Might Merge To Make One Company
Renault and Nissan might be looking to take on the colossus that is VW Group in a deal of epic proportions. According to Bloomberg, the two companies are in discussions regarding a possible merger, taking the Renault-Nissan Alliance - which was formed in 1999 - to the next level.
Renault has a 43 per cent stake in Nissan, while the Japanese company owns 15 per cent of its French partner. The two already share engines and platforms, but the rumoured proposals would see a new company formed. Presumably, the two separate brands would remain, operating under a single parent company.
However, a merger - said to have been discussed for several months now - is far from certain. Even if the companies decide to go ahead with a deal, there are potential stumbling blocks, Bloomberg’s unnamed insider sources claim, such as the French government owning a 15 per cent stake in Renault.
A spokesperson for the alliance “said the group doesn’t comment on rumors and speculation,” Bloomberg reports.
Growing up on a diet of World Rally Championship highlights and lengthy Gran Turismo 2 sessions, a life in cars was as good as inevitable for Matt.
Comments
It might actually bring out some good cars. If you’re looking to take on the VW-group, you need a heck of alot of “firepower”. A merge in that aspect, is indeed a ballsy move. As long as both brands exist seperatly, we’ll get the best of both worlds, no?
I cant wait to see the Alpina 110 Nismo
no dont
NOOOOOOOOOOOOOOOOOOOOOOOOOOOO
rubbish french quality with gopping japanese design.. greaaaaat
ew
Bad move for Nissan… It’s already confusing enough having renault engines in Nissan car’s-people think they are buying something reliable….
Bad move for Nissan… It’s already confusing enough having renault engines in Nissan cars-people think they are buying something reliable….
Wow