Renault-Nissan joint functions axed as alliance unravels

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Thread: Renault-Nissan joint functions axed as alliance unravels

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    GMI Staff Member Premium Member nadepalma's Avatar
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    Renault-Nissan joint functions axed as alliance unravels

    Renault-Nissan joint functions axed as alliance unravels, paper says
    Staff and wire reports
    June 19, 2019
    autonews.com

    Several Renault-Nissan joint business functions are being unwound now that former alliance chairman Carlos Ghosn is no longer in power to press ahead with the integration of the two automakers, the Financial Times reported.

    Joint business areas such as light commercial vehicles, sales and marketing, and communications are dismissing staff, according to FT sources.

    Ghosn's "CEO Office," which was responsible for the day-to-day running of alliance functions, is being disbanded, the paper said on Wednesday. The office is led by Renault veteran Arnaud Deboeuf, according to the alliance's web site.

    Before his arrest in Japan in November on charges for suspected financial misconduct, Ghosn had pledged to "make the alliance irreversible."

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    Re: Renault-Nissan joint functions axed as alliance unravels

    Hmm, one has to wonder what affect this will have on the FCA merger.

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    Re: Renault-Nissan joint functions axed as alliance unravels

    I suspect the response by FCA is going to have a lot to do with how much they had their heart set on a three tier alliance. Do they just want a major automaker to merge with it did they want a multi party arrangement?

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    Re: Renault-Nissan joint functions axed as alliance unravels

    No surprise, I think Renault and FCA will merge.

    I wonder if the charges on Goshen will be dropped once the Renault/Nissan partnership is fully unraveled.

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    Re: Renault-Nissan joint functions axed as alliance unravels

    Renault and FCA should prove to be interesting. Back many moons ago we ended up with an Alliance appliance before AMC went kaput and Jeep went on to where it is at today.

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    Re: Renault-Nissan joint functions axed as alliance unravels

    Quote Originally Posted by JimmyDiablo View Post
    Hmm, one has to wonder what affect this will have on the FCA merger.
    I believe that NISSAN was part of the sticking point as the FRENCH WONt let the merged company become "foreign" controlled and a 3 way split of equal share between Nissan and FCA with Renault keeping 51% percent would have BAD consequences for Nissan and JAPAN INC and IMHO is NOT good for FCA or American manufacturing / labour if/when things turn down and the conglomerate is massively over capacity and profits dry up
    * the FRENCH GOVT wont LET french plants close *

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    Re: Renault-Nissan joint functions axed as alliance unravels

    I think Nissan has been chafing under Renault for a while now. They might not have objected to the merger, but they really want a bigger stake in the deal. Lots of moving parts, and I don't think this is over. The French government still seems the largest obstacle from here. Technology licensing deals can make Nissan happy. Those can be worked out.

    Guaranteeing non-competitive French automotive jobs is a much bigger hurdle. Any real business cannot go there. Yet the government is chained to it.

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    Re: Renault-Nissan joint functions axed as alliance unravels

    Nissan will probably be dead soon and good riddance

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    Re: Renault-Nissan joint functions axed as alliance unravels

    For once I agree Greg, how good was the alliance if it's all turning to poo now,
    Maybe Renault + FCA > Renault + Nissan and the shot in the arm that FCA needs.

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    Re: Renault-Nissan joint functions axed as alliance unravels

    I really don't want to see FCA get caught up in Renault's shenanigans.

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    Re: Renault-Nissan joint functions axed as alliance unravels

    Quote Originally Posted by Mr.Buttons View Post
    I really don't want to see FCA get caught up in Renault's shenanigans.
    Exactly

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