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Nissan leaves open possibility for alliance with another automaker

Nissan leaves open possibility for alliance with another automaker

One day after talks ended over a potential alliance with General Motors Corp., a Nissan official says the automaker could be interested in another partnership.
"For the last year, we've been consistent in our view that an alliance could work with additional partners," Simon Sproule, vice president of global communications for Nissan Motor Co. in Tokyo, said Thursday. "In terms of who that might be, that's open."
After three months of discussion, Nissan and Renault SA of France declined to pay a premium for reaping what GM said would have been a disproportionate share of the benefits, according to a joint statement issued by the companies.
But Nissan remains open to the possibility of talking with another automaker, particularly one that would be a geographic complement to the two automakers.
"A North American partner could make sense," Sproule said.
Analysts have speculated that Ford Motor Co. could step into GM's place.
An August report in The Wall Street Journal said Bill Ford, Ford's executive chairman, had approached Carlos Ghosn, chief executive of Renault and Nissan, about joining the global alliance.
Sproule said are no projects in the works with Ford, and Ford spokesman Tom Hoyt said the company would not comment on the speculation.
Nissan remains confident an alliance is the right business model, Sproule said. Renault owns a 44 percent stake in Nissan, which in turn holds 15 percent of the French auto maker.
"The talks with GM were a very worthwhile project to undertake," he said.
A potential alliance partner needs to have substantial synergies worth pursuing and a management mind-set that would work in an alliance, Sproule said.
"But Renault and Nissan don't need a third partner to be successful," Sproule said. "If an opportunity comes up that make sense, we'll look at it."
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Associated Press writer Carl Freire in Tokyo contributed to this report.


Updated : 2021-04-23 23:51 GMT+08:00