Nissan Motor Co is not considering the possibility of a merger with top sharehol...
YOKOHAMA - Nissan Motor Co is not considering the possibility of a merger with top shareholder Renault at the moment, and none of the nominees to the Japanese automaker’s board are pressing to make it an issue now, an external director said on Thursday.
France’s government has also weighed in, saying on Wednesday that the status quo was weakening the alliance and could not continue. Saikawa, a protege of Ghosn, has come under pressure to lift Nissan’s dismal operational performance just as Renault has been looking at ways to merge the two companies, a move opposed by Saikawa and some of his colleagues.
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