The Limited Times

Now you can see non-English news...

Luca de Meo wants to strengthen the Renault-Nissan Alliance

2021-09-08T17:48:00.235Z


Renault's CEO hopes for closer operational cooperation. No, the marriage between Renault and Nissan is not “fusional”  ! Asked by the economic daily Il Sole 24 Ore , Luca de Meo, the CEO of Renault, once again swept aside the hypothesis of a merger between Renault and Nissan, a scheme which the French had thought for a time. “Since 2010, the logic has always been to bring together organizations to prepare for the merger. I don't see that, I don't imagi


No, the marriage between Renault and Nissan is not

“fusional” 

!

Asked by the economic daily

Il Sole 24 Ore

, Luca de Meo, the CEO of Renault, once again swept aside the hypothesis of a merger between Renault and Nissan, a scheme which the French had thought for a time.

“Since 2010, the logic has always been to bring together organizations to prepare for the merger.

I don't see that, I don't imagine a merger, because I'm not sure it makes operational sense,

”he said.

And to add:

“In 2018, Renault-Nissan was technically, in terms of sales and registration volumes, number 1 in the world, but if the number 1 in the world does not make money, that means that this model does not work on the long term."

At the merger, the boss of the Renault group preferred the image of reasoned marriage:

"We must use the fact that we have been married for twenty years: there are children, there are moments of tension, but we have so many. to win

This article is for subscribers only.

You have 73% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All business articles on 2021-09-08

You may like

News/Politics 2024-02-26T09:23:36.243Z
News/Politics 2024-02-26T14:34:51.617Z
News/Politics 2024-02-26T19:33:39.082Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.