News ID : 2061
Publish Date : 03 March 2018 - 14:47
Carlos Ghosn does not rule out the possibility of mergers among members of the Renault-Nissan-Mitsubishi alliance but said this was not necessarily a goal.
Khodrocar - Asked in an interview on France's BFM Business whether mergers could happen to reinforce the alliance, Ghosn, the alliance's chief, said: "Why not," before adding that that this was not "an objective in itself."

The Renault-Nissan-Mitsubishi alliance said on Thursday it would speed up the convergence between the three companies on how they work in key areas, as part of a broader plan to deliver cost savings and boost profits.

Asked about automaker Geely's purchase of a $9 billion stake in Daimler, which emerged earlier this week, Ghosn said the Chinese's group's "strategy was a little difficult to understand."
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