Thursday, May 15, 2008
Renault-Nissan open to carmaker alliance
Renault-Nissan remains open to the possibility of forming an alliance with a rival carmaker.
Chief executive Carlos Ghosn said there was no rush to expand its alliance but it would be open to negotiations in the future.
“There are two conditions for any expansion of an alliance,” said Ghosn.
“First it has to be friendly, if it's not friendly it's over and second, synergies on the table have to be massive.
“We are not in a hurry but we are realistic enough to say when the opportunity comes we know how to make it work.”
DATED: 15.05.08
FEED: MT
Chief executive Carlos Ghosn said there was no rush to expand its alliance but it would be open to negotiations in the future.
“There are two conditions for any expansion of an alliance,” said Ghosn.
“First it has to be friendly, if it's not friendly it's over and second, synergies on the table have to be massive.
“We are not in a hurry but we are realistic enough to say when the opportunity comes we know how to make it work.”
DATED: 15.05.08
FEED: MT
