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  • Drew Dowdell
    Drew Dowdell

    Nissan Upbeat on FCA-Renault Merger

      ...as long as the price is right....

    A Nissan executive who has declined to be identified is upbeat about the possible FCA-Renault merger according to a report by AutoBlog.  The deal, estimated at about $35 billion, would not give FCA the right to use Nissan technology via the Nissan-Renault alliance. 

    The executive said he was optimistic about possible synergies of using Nissan's green and electric vehicle know-how in other vehicles. He also raised the possibility that Nissan could increase its stake, currently 15%, in Renault or FCA-Renault.  Without increasing their stake, Nissan's share of the resulting company would be cut to 7.5%.  FCA-Renault however, would continue to hold 43.4% of Nissan. 

    Examples of some of the sharing could be Nissan's advanced engine technology currently used in Infiniti as a possible benefit for Alfa Romeo and Jeep. 

    FCA and Renault for their part are still negotiating with each other and with the French government which wants job and production guarantees. Renault is said to have a decision on the merger by end of this week.

    Source: AutoBlog

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    Assume this merger is allowed and goes through.  Then eventually, Nissan will want to fully merge with Renault FCA. 

    Two questions: will the French government divest itself of Renault? And who will cut the number of cars and car makes in order to rationalize the new firm?

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  • Similar Content

    • By Drew Dowdell
      January 3, 2020
       
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      2018
      % chg
      Total December sales (units)
      104,781
      148,720
      -29.5
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      93,538
      130,655
      -28.4
      INFINITI sales*
      11,243
      18,065
      -37.8
       
       
       
       
      Calendar Year Total Sales (units)
      1,345,681
      1,493,877
      -9.9
      Nissan Division sales
      1,227,973
      1,344,597
      -8.7
      INFINITI Sales*
      117,708
      149,280
      -21.1
      NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for December 2019 of 104,781 units, a decrease of 29.5 percent versus the prior year. Nissan Group also announced total calendar year 2019 U.S. sales of 1,345,681 units, a decrease of 9.9 percent compared to the prior year.
      Nissan Division December highlights:
      Altima sales continue to rise with 19,132 units sold, up 12 percent. Sales of the Nissan Armada rose 3 percent in December to 2,967 units. Nissan Division calendar year highlights:
      Nissan Kicks showed strong gains during the full calendar year 2019, up 150 percent. Nissan set annual sales records with NV commercial van (+19 percent) and NV200 (+1 percent).   *INFINITI sales total included for reference. For more information on INFINITI's December sales performance, please visit INFINITINews.com.

      NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. December 2019 had 25 days, while December 2018 had 26 selling days.
      NISSAN DIVISION
      DECEMBER
      DECEMBER
      Monthly
      CYTD
      CYTD
      CYTD
      2019
      2018
      % chg
      2019
      2018
      % chg
       
       
       
       
       
       
      Nissan Division Total
      93,538
      130,655
      -28.4
      1,227,973
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      6,735
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      75,809
      -12.2
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      17,567
      -37.2
      184,618
      213,046
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      17,064
      12.1
      209,183
      209,146
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      5,600
      -39.5
      35,076
      42,337
      -17.2
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      1,227
      1,667
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      12,365
      14,715
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      202
      -21.8
      2,384
      3,468
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      -32.0
      331
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      38,219
      48,865
      -21.8
      510,564
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      5,704
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      58,193
      23,312
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      7,492
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      72,369
      79,646
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      4,661
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      31,514
      50,459
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      6,799
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      65,691
      67,550
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      32,650
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      42,523
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      350,447
      412,110
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      8,033
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      68,361
      83,547
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      0
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      -100.0
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      1,719
      2,013
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      1,691
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      48,633
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      462,725
      467,087
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      33,960
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      257,410
      322,457
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      2,726
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      317,720
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      18,065
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      117,708
      149,280
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      3,690
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      25,987
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      5,043
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      329
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      2,552
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      3,229
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      3,329
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      7,032
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      2018
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      2018
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      1,345,681
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