Nissan and Renault plan to restart negotiations on Fiat merger | Economy



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Nissan and Renault are planning to adapt their partnership in order to relaunch the merger negotiations with Italian-American automaker Fiat Chrysler, following the failure of the merger negotiations in June,

Nissan asks Renault to reduce its stake in the Japanese company by 43%, while Nissan controls 15% and has no voting rights in Renault, which owns the government, the Wall Street Journal reported, citing e-mails and sources close to both companies. French is one of them.

According to the newspaper, a balanced relationship would ease some tensions between the two automakers and reduce Nissan's reluctance to support integration with Chrysler Fiat.

According to the Wall Street Journal citing an email in July, a draft agreement on the restructuring of the relationship could be concluded in early September, any agreement requiring the agreement of the French state, which holds 15 % of Renault's shares, and its approval is not inevitable. . French President Emmanuel Macaron announced at the end of June that he would not ask for any change in the structure of the two companies.

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