Advisory firm urges shareholders to vote against Nissan CEO Saikawa for 'clean break' from Ghosn
A proxy advisory firm urges Nissan shareholders to vote against the reappointment of CEO Hiroto Saikawa as a director, heaping more pressure on him as he struggles to find an accord with Renault.
How the Fiat-Renault merger plan fell apart
Shortly after 9 p.m., as the sun began to set on the rotund glass facade housing Renault SA's headquarters on the outskirts of Paris, the board called a break. The group had gathered for the second time in as many days to sign off ...
Fiat Chrysler withdraws merger offer for Renault after France fails to win Nissan's outright support
The apparent collapse of merger talks leaves the two companies facing an array of issues, starting with the likely dismay of investors.
Renault expected to enter formal merger talks with Fiat Chrysler
The board of French car giant Renault is expected to decide Tuesday to begin merger talks with Fiat Chrysler, possibly leading to the creation of a new global giant spanning the United States, Europe and Japan. U.S.-Italian group Fiat Chrysler proposed a "merger of equals" ...
Nissan CEO willing to meet Fiat Chrysler chairman to discuss Renault merger
Nissan Motor Co. CEO Hiroto Saikawa said Friday he is willing to meet Fiat Chrysler Automobiles N.V. Chairman John Elkann to be briefed directly on the Italian-American company's plan to merge with Renault SA, the Yokohama-based carmaker's alliance partner for 20 years. Saikawa has not ...
Jobs and Nissan will be safe with any Fiat Chrysler deal, Renault's Jean-Dominique Senard says
Tapped to lead a Franco-Italian carmaking giant formed by merging Renault SA and Fiat Chrysler Automobiles NV, Jean-Dominique Senard is in Tokyo to make what may be the sales pitch of his career. In an interview Thursday, he painted a picture of a grand alliance ...
Renault looks to reassure partner Nissan over Fiat tie-up plans
Renault SA officials Wednesday sought to reassure the firm's alliance partner Nissan Motor Co. over a possible tie-up between the French automaker and Fiat Chrysler Automobiles NV, which could upend the auto industry. Renault and Nissan representatives met outside Tokyo on Wednesday along with officials ...
Renault to decide by next week whether to proceed with Fiat Chrysler merger talks
Fiat has conditioned the merger talks on Renault agreeing not to pursue a transaction with Nissan in the short term, sources said.
Fiat Chrysler proposes operational tie-up with Renault SA
In a deal that would create the world's third-biggest carmaker Fiat Chrysler Automobiles NV on Monday proposed a merger with Renault SA. The transaction will be structured as a 50-50 ownership through a Dutch holding company, Fiat said in a statement, adding that there will ...
New Mitsubishi Motors CEO vows to achieve growth through alliance with Nissan and Renault
The newly named CEO of Mitsubishi Motors Corp. has vowed to achieve growth by strengthening the company's competitiveness through its alliance with Nissan Motor Co. and Renault SA in the fast-evolving auto industry. "I hope to brush up our competitiveness through the use of the ...
With Final Edition model, Mitsubishi Motors to end Pajero SUV sales in Japan
Mitsubishi Motors Corp. said Wednesday it will end sales of Pajero sport utility vehicles, or SUVs, in the domestic market after finishing production in August following a slump in sales. The same day the automaker said it had started selling 700 units of the Pajero ...
Renault again proposed merging with Nissan, this time under post-Carlos Ghosn management
Nissan rejected the proposal made in mid-April, the source said, possibly jeopardizing the recent momentum for improving ties between the two companies.
