Japanese partners not left in the dark on Renault talks with FCA, Mitsubishi says

Japanese partners not left in the dark on Renault talks with FCA, Mitsubishi says
The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near Strasbourg, France, January 10, 2019. REUTERS/Vincent Kessler Copyright VINCENT KESSLER(Reuters)
By Reuters
Share this articleComments
Share this articleClose Button

TOKYO (Reuters) – The Japanese partners of Renault SA have not been left in the dark by the automaker over its merger talks with Fiat Chrysler, the chairman of Mitsubishi Motors Corp said on Wednesday.

“If the intention was to leave us out, they wouldn’t have come all this way to explain their position, would they?” Osamu Masuko told reporters, following a meeting of top executives from Renault, Nissan Motor Co and Mitsubishi.

“For us, the fact that they are explaining their position to us means that they want us to be a part of their plan,” he said.

Masuko said he was directly informed by Renault of its plans to merge with Fiat Chrysler for the first time earlier on Wednesday. FCA announced the plan on Monday.

(Reporting by Naomi Tajitsu; Editing by David Dolan)

Share this articleComments

You might also like

Why are Europeans paying more for their iPhones?

Austerity measures undermine human rights, new report says

Germany went from envy of the world to the worst-performing major developed economy. What happened?