Nissan's advanced technologies including platforms and electric powertrains...
BEIJING/TOKYO - Nissan’s advanced technologies including platforms and electric powertrains could give it leverage in a merger involving Renault and Fiat Chrysler, thanks to a royalty system it has with the former, two people with knowledge of the matter said.
Currently Renault SA pays less for technology developed by Nissan than the Japanese automaker pays for French technology, a third person said. “In that sense, FCA, if everything went well, would become another ‘client’ of ours and that’s good. More business for us.”The potential Renault-FCA deal has complicated the Japanese automaker’s already uneasy alliance with Renault. A further deal with Fiat Chrysler looks likely at least in the near term to weaken Nissan’s influence in the 20-year-old partnership.
By joining forces, Renault and FCA hope to consolidate what would have been two electric vehicle development programs into one, and then deploy the resulting technology across a much larger range of vehicles, reducing costs. The Nissan Leaf is the world’s top-selling EV, with sales of more than 400,000 since its launch in 2010.
As a result, the French government would be left with a 7.5 percent voting stake in the new company, potentially easing a source of tension between Nissan and Paris, as the current arrangement effectively hands the government outsized influence over the Japanese automaker.There is also the issue of regional overlap. FCA and Nissan are rivals in the North American truck and SUV market, where Nissan has struggled with poor margins.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blindsided by FCA-Renault talks, Nissan risks being left by the roadsideNissan found out about Renault's merger talks with Fiat Chrysler just days ...
Read more »
Nissan CEO sees no big downside to FCA-Renault mergerNissan sees no major downside to partnering with a combined Renault and Fiat Chr...
Read more »
Nissan tells Renault 'not opposed' to Fiat Chrysler merger plan: NikkeiNissan on Wednesday told Renault it wasn't opposed to its partner's po...
Read more »
As Fiat Chrysler Pursues Renault Tie-Up, Nissan Weighs StakesA proposed merger between Renault and Fiat Chrysler poses risks for Japan’s Nissan: It could lose influence in or even be spat out of its two-decade alliance with Renault.
Read more »
Renault, Nissan, Mitsubishi may discuss a merger in the futureCar makers Renault, Nissan and Mitsubishi may discuss a merger later in the futu...
Read more »
With its hands-free system, Nissan could beat Tesla at its own gameNissan will soon begin selling a new hands-free automated highway driving assistance program in Japan that goes even further than what Tesla offers. Nissan's ProPilot 2.0 will follow a navigation route while allowing the driver to take his hands completely off the steering wheel in some situations.
Read more »
Exclusive: Arbitration court rejects India's plea in case against Nissan - sources, documentThe Permanent Court of Arbitration in Singapore has rejected India's argume...
Read more »
Fiat Chrysler proposes merger with French carmaker RenaultFiat Chrysler's proposal to merge with Renault would make the resulting company the world's No. 3 automaker. It comes at a troubled time for the Renault-Nissan-Mitsubishi alliance, following the arrest of leader Carlos Ghosn.
Read more »
Fiat Chrysler and France's Renault are reportedly in advanced talks to forge partnershipFiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The collaboration could bring the Italian-American carmaker into the Renault-Nissan-Mitsubishi Alliance.
Read more »
Blindsided by FCA-Renault talks, Nissan risks being left by the roadsideNissan found out about Renault's merger talks with Fiat Chrysler just days ...
Read more »
Nissan CEO sees no big downside to FCA-Renault mergerNissan sees no major downside to partnering with a combined Renault and Fiat Chr...
Read more »