Nissan Motors says it sees no major negative to a potential merger between Fiat Chrysler Automobiles and its current alliance partner Groupe Renault. The Japanese automakers sentiments toward the merger are considered critical to the possibility of it happening.
Leadership teams from Renault and third alliance partner Mitsubishi met at Nissan’s headquarters in Japan earlier this week to discuss the merger proposal set fourth by Fiat Chrysler. Given Nissan owns 15 percent of Groupe Renault, its buy-in is key to allowing conversations between the two automakers to continue.
Subsequently, Renault owns 43.4 percent of Nissan, meaning a merger between FCA and Renault ultimately makes Nissan the awkward third wheel of the relationship.
“Overall, we don’t see any particularly negative aspect” to the planned merger, which was for Renault and FCA to decide, Nissan Chief Executive Hiroto Saikawa told reporters on Wednesday in a Reuters report.
All members of the Renault-Nissan-Mitsubishi have confirmed they had a transparent, open discussion about the proposed merger this week. The public statement comes admit speculation that both Japanese alliance partners were blindsided by the discussions between FCA and Renault.
The alliance has already been strained in recent months, including failed talks between Renault and Nissan to merge.