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Nissan And Renault Will Remain Separate Companies For Now

May. 10, 2018 5:57 PM ET by Jared Rosenholtz Industry News / 3 Comments The Japanese and French companies want to remain independent. Renault-Nissan became the largest automaker in the world in 2017. The French and Japanese alliance reached that milestone by adding Mitsubishi into a new, three-way alliance. The partnership will help each of the three automakers cut costs and continue to grow. As it now stands, Renault owns a 43.4% stake in Nissan, and Nissan holds 15% of Renault and 34% of Mitsubishi. Despite obvious advantages to merging the companies, Renault and Nissan want to stay separate. According to a report by Asia Nikkei's Yu Nakamura, the French government (a majority stakeholder in Renault) is pushing for a merger with Nissan. Despite pressure from the Renault side, Nissan Motor CEO Hiroto Saikawa isn't interested in a merger. "I see no merit" in combining the two companies, Saikawa said in an interview. "I think it would have side effects." Instead, Nissan wants to maintain the three-way alliance and make management more efficient. "The point of the alliance is to keep its members independent and maximize the growth of each," Saikawa said, adding that the current organization would "produce synergies in areas like development and production." Nissan Carlos Ghosn's term as Renault CEO is set to expire, though it seems the company wants to reappoint him. Ghosn said "all options are open" when rethinking the structure of the alliance. Unlike Saikawa, who only heads Nissan, Ghosn chairs all three automakers. We have been waiting to see if Renault's influence would effect Nissan and Mitsubishi on the product side, but it seems the companies are still operating independently, for now. Nissan Renault Renault Mitsubishi Mitsubishi

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Nissan Rogue Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top