Renault chairman: Honda offer for Nissan didn't suit us - Breaking The News
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Renault chairman: Honda offer for Nissan didn't suit us

EPA-EFE/ISABEL INFANTES

Renault S.A. Chairman Jean-Dominique Senard disclosed on Monday that the company has no issue with Nissan Motor Co. forming partnerships that benefit both automakers.

Speaking to France’s BFM TV, he clarified that while Renault remains open to suitable collaborations, Honda Motor Co.’s recent offer for Nissan did not align with its strategic interests. Talks to merge Honda and Nissan collapsed earlier this month, but Nissan CEO Makoto Uchida is reportedly expected to step down this week in a move that could reopen merger discussions.

Electronics giant Foxconn has been linked to a potential deal involving the two automakers, while The Financial Times reported that a group of high-profile Japanese figures is exploring a plan for Tesla Inc. to invest in Nissan.

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