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Renault, Nissan and Mitsubishi may discuss their merger in the future

Europe / Engineering

Automakers Renault, Nissan and Mitsubishi may discuss a merger later in the future, French automaker CEO Jean-Dominique Senard said Saturday.

Renault, Nissan and Mitsubishi may discuss their merger in the future

These discussions about the capitalist merger have been going on for some time, but they recently acquired a dramatic color, the head of Renault said in an interview with French radio station France Inter.

“I think that later, as events unfold, Renault, Nissan and Mistubishi will think calmly about this,” Senard said.

At the moment the companies are working to optimize their alliance. According to Senard, the talk of a possible merger in recent days "scared everyone."

The removal from office of the head of the alliance, Renault President Carlos Ghosn, who is considered the savior of Nissan from almost imminent bankruptcy in 1999, has created a cloud of uncertainty about its future.

As Nissan ponders its future without Ghosn, as it is currently accused of financial crimes, Renault's French partner is quietly maneuvering its merger talks, informed sources at both companies recently told Reuters.

Ghosn denies all charges against him.

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