Statement from Nissan CEO Hiroto Saikawa regarding FCA-Renault merger proposal

“I am aware that FCA’s merger proposal will be discussed by Renault’s board this week.

I believe that the potential addition of FCA as a new member of the Alliance could expand the playing field for collaboration and create new opportunities for further synergies.

That said, the proposal currently being discussed is a full merger which—if realized—would significantly alter the structure of our partner Renault. This would require a fundamental review of the existing relationship between Nissan and Renault.

From the standpoint of protecting Nissan’s interests, Nissan will analyze and consider its existing contractual relationships and how we should operate business in the future.”