top of page
  • Writer's pictureEllie Lisitsa

Japanese of Fiat-Renault deal

The Japanese government played a role in the breakdown of merger talks between Renault SA and Fiat Chrysler Automobiles NV earlier this month, weighing in with concerns that the combination could harm Nissan Motor Co., people familiar with the matter said.

Tokyo sign its misgivings over the deal to the French government, said the people, asking not to be identified speaking about the negotiations. France — Renault’s most powerful shareholder — then sought a pause in the talks for more time to win Nissan’s support, provoking Fiat to withdraw its offer. For reservation visit

While CEO Hiroto Saikawa had pledged to protect Nissan’s interests, the company didn’t ask METI to intervene with the French government, according to a person familiar with the matter. French Finance Minister Bruno Le Maire has said Nissan’s plan to abstain on the Renault-Fiat vote drove his decision to seek a delay.

The last-minute move by Le Maire to pause the Renault-Fiat talks won him praise from some Nissan insiders. The Fiat proposal was seen by some at Nissan as a way for it to get control of the company and its key technologies and to benefit from its presence in Japanese escorts

51 views0 comments

Recent Posts

See All


bottom of page