Renault-Nissan doesn't want US ally
20 November 2006

Renault-Nissan boss Carlos Ghosn has confirmed that his company is no longer looking for an American partner.

Ghosn's attempts to buy 20 per cent of GM fell through last month. And now his on-off talks with Ford are officially off.

Speaking to the New York Times, Ghosn said: “We don’t think the timing is right. The right moment [is] when Nissan is growing again. Before we envision new frontiers we want to make sure what we’re doing is right.”

Ghosn admitted, however, that the chance to lasso such a deal might have gone forever: “The day we are ready, there might not be an opportunity.”

That the beleaguered car industry can never say never is emphasised, however, by the won’t-go-away rumour that perennial rivals GM and Ford may yet merge.

The Wall Street Journal suggested the revolutionary move in July, and discussions reportedly began at the same time GM was in negotiation with Ghosn [July].

GM vice-chairman Bob Lutz, when asked about the possibility by Swiss newspaper SonntagsZeitung, said: “We are open to alliances. But we can also be successful alone.”

Add your comment

Log in or register to post comments

Find an Autocar car review

Driven this week

  • Citroën C3 Aircross
    First Drive
    17 October 2017
    The Citroen C3 Aircross has got funky looks and a charming interior, but it's another small SUV, and another dynamic miss. Numb steering is just one thing keeping it from class best
  • Skoda-Karoq 2.0 TDI 4x4
    First Drive
    16 October 2017
    Diesel version of Skoda’s junior SUV is unobtrusive and undemanding, but we’d still go for the silkier petrol version of the Karoq
  • Audi Q7 e-tron
    First Drive
    16 October 2017
    Expensive and flawed but this understated diesel-electric Audi Q7 has a lot to offer
  • Citroën C3
    First Drive
    16 October 2017
    Is the third gen Citroën C3 ‘fresh and different’ enough to take on its supermini rivals? We spend six months with one to find out
  • BMW X3
    First Drive
    15 October 2017
    A satisfying rework of the X3 that usefully improves its handling, cabin finish, space and connectivity to make this BMW a class front-runner again