Tag: Alliance

By on September 27, 2019

Image: Subaru

Following a long period of speculation, the future of the Toyota 86 and Subaru BRZ — affordable, jointly-developed rear-drive sport coupes that American buyers seem allergic to — has now become clear. Following a joint announcement from the two automakers, we now know the slow-selling Toyobaru twins will live on into a second generation.

Toyota and Subaru announced Friday that their ongoing partnership, birthed in 2005, will broaden into a greater alliance in the coming years. Part of that pact will ensure a new pair of low-end sports cars, though Subaru also stands to gain more hybrid vehicles. (Read More…)

By on August 28, 2019

2019 Toyota Avalon badge

Not in the least shy when it comes to forging new partnerships, Toyota announced a long-simmering alliance with Suzuki on Wednesday. Now, before certain internet denizens begin counting down the days until a new Jimny appears in their driveway, this alliance won’t bring much in the way of new product to North America. Europe and other overseas markets, however, can expect a range of new offerings.

Like so many other automaker pair-ups, this yet-to-be-approved deal would see the two automakers focus primarily on technology sharing and autonomous vehicle development. As Toyota loves hybrids, Suzuki stands to benefit in the same way Subaru did. (Read More…)

By on August 5, 2019

Image: FCA

Maybe that’s a dated reference in this age of smartphones and hookup romance apps. Regardless, the list of potential partners for a prowling Fiat Chrysler doesn’t begin and end with Renault-Nissan-Mitsubishi.

Oh sure, it wouldn’t mind getting down to business with the French-Japanese auto giant, but there’s plenty of fish in the sea. FCA knows it’s a catch, and wants to put Renault on notice that it has plenty of choice in who it goes home with. (Read More…)

By on August 3, 2019

The proposed merger between two auto giants — Renault-Nissan-Mitsubishi and Fiat Chrysler Automobiles — went nowhere earlier this year, but the door to the deal never swung fully shut. That’s according to a report in the Wall Street Journal, in which sources claim talks are ongoing to rekindle the romance.

FCA snatched away its offer in June after the French government, which owns 15 percent of Renault, intruded into discussions, citing a need to have alliance partner Nissan fully on board. The Japanese automaker, embroiled in scandal and a serious financial slump, kept its distance from those earlier talks, offering polite but unenthusiastic public support as reports emerged of concerns about its autonomy and shrinking influence under such a marriage.

To get the deal back on track, Renault would need to loosen its ties with Nissan. (Read More…)

By on June 13, 2019

Herbert Diess Jetta 2017

Volkswagen is close to sealing a deal with Ford Motor Company for the next phase of the two companies’ fledgling alliance. The German giant seems poised to join Ford in its pursuit of self-driving technology through Argo AI — the autonomous startup Ford sunk $1 billion in back in 2017. Paving the way for some sort of tie-up or investment, VW this week ended its partnership with another self-driving startup, Aurora Innovation.

As well, news could soon be forthcoming about a much-rumored electric vehicle pact between the two automakers. (Read More…)

By on May 27, 2019

FCA Brampton Assembly Line Challenger & 300 - Image: FCA

Thirty-two years after Chrysler bought Renault’s controlling stake in AMC, absorbing the automaker and folding its French-developed passenger cars into the new Eagle brand, the automaker’s Fiat Chrysler successor is interested in a merger.

On Monday, Fiat Chrysler Automobiles submitted a proposal for a “transformative merger” with Groupe Renault. The 50:50 merger would create the world’s third-largest automobile company and generate $5.6 billion in annual savings, FCA claims — equal to efficiencies born of the Renault-Nissan-Mitsubishi Alliance. (Read More…)

By on January 9, 2019

Ford and Volkswagen, two auto giants who spent much of 2018 making eyes at each other and playfully batting away rumors (and sparking a few of their own), might lay their relationship bare in Detroit next week.

The two automakers have already signed a Memorandum of Understanding, partnering initially with the aim of developing joint light commercial vehicles. But that was just the start. Over the course of the past year, this partnership grew to include pickup swaps, electric vehicle platform sharing, joint U.S. plants, and God knows what else — at least according to rumors. Both companies made it clear something big was brewing, but always fell back to a “we’re just talking” line.

Now, it looks like we have a time and place for the announcement. (Read More…)

By on February 23, 2018

By Siyuwj Geely_assembly_line

Is a seemingly unstoppable Chinese automaker slowly amassing a significant ownership stake in Germany’s Daimler AG? That’s what sources tell Bloomberg.

According to the news outlet, sources claim Geely Auto Group, which owns the Volvo, Lotus, and the mysterious Lynk & Co. car brands, is steadily acquiring a $9.2 billion stake in the German giant. That would give the Chinese a near 10-percent stake in the maker of Mercedes-Benz vehicles.

Are we witnessing the birth of a new alliance? (Read More…)

By on October 9, 2016

1993 Mitsubishi Diamante wagon, Image: © 2015 Murilee Martin/The Truth About Cars

Carlos Ghosn, the synergizing executive that Sergio Marchionne only wishes he could be, isn’t mincing words when it comes to Nissan’s plans for fledgling automaker Mitsubishi.

According to the Renault-Nissan top boss, the deal between Nissan and Mitsubishi is “massive.”

(Read More…)

By on May 25, 2016

2016 Mitsubishi Outlander

A top Nissan executive is packing his bags and getting ready to take on Mitsubishi’s shadowy and scandal-prone technology arm.

Yesterday’s reports proved true, with Mitsuhiko Yamashita, Nissan’s chief technology adviser, announced today as Mitsubishi’s new head of research and development. He will take on the position starting June 24.

There’s a tough job waiting for Yamashita. (Read More…)

By on May 24, 2016

Mitsuhiko Yamashita

In this play, Nissan is President Jimmy Carter and Mitsubishi is a bankrupt New York City.

Now that it has control of Mitsubishi, Nissan wants the scandal-plagued automaker to “heal thyself,” but it’s sending a guy over to make sure it happens, sources tell Reuters. (Read More…)

By on May 18, 2016

2015 Mitsubishi RVR (6 of 11)

He’s been with the company since the Plymouth Sapporo/Dodge Challenger era, but Mitsubishi president Tetsuro Aikawa’s tenure comes to an abrupt end in June.

Aikawa stepped down today after less than two years at the helm, the victim of his company’s ongoing fuel economy scandal, according to an announcement from the automaker. Ryugo Nakao, the company’s executive vice-president in charge of quality, is also out the door. (Read More…)

By on May 13, 2016

2016 Nissan Titan XD PRO-4X Grille, Image: © 2015 Mark Stevenson/The Truth About Cars

Yesterday’s news that Nissan will buy a 34-percent controlling stake in Mitsubishi for $2.2 billion was the latest win for Carlos Ghosn, the man behind the Renault-Nissan Alliance of 1999 and possessor of many fingers in many pies.

Ghosn, CEO of both Nissan and Renault, inked the agreement with Mitsubishi as the other automaker battles a misleading gas-mileage scandal. At a price of 468.52 yen/share, Ghosn’s purchase of new shares was a smoking deal. Mitsubishi shares traded for 1,100 yen just last December.

What becomes of the two companies now? And how will Ghosn’s world-straddling empire benefit by snapping up beleaguered Mitsubishi? (Read More…)

By on April 18, 2016

Carlos Ghosn

The Russian automaker that manufactures Lada vehicles won’t see Carlos Ghosn at its board meetings after this June.

The Renault-Nissan CEO and chairman is expected to be replaced as chairman of AvtoVAZ at the company’s June 23 shareholders meeting, the automaker has stated, with Dr. Serguey Skvortsov taking his place.

Ghosn remains the chairman of Alliance Rostec Auto BV, the holding company that controls AvtoVAZ. Renault-Nissan bought a majority stake in the company, which is a joint venture with Russian Technologies, in 2012. (Read More…)

By on December 11, 2015

Renault Kwid

Nissan and the French government struck a deal Friday to end a dispute over how much influence the state has over the carmaking alliance between the Japanese automaker and Renault, according to Renault.

The French government will cap its voting rights between 17.9 percent and 20 percent in non-strategic shareholder decisions, and will preclude “interference” by the government in Nissan by Renault. Renault, which is partially state-owned, is Nissan’s largest shareholder.

Earlier this year, France passed a law that would have given the government increased voting rights in the alliance, perhaps in an attempt to forge a stronger partnership between the two automakers(Read More…)

Recent Comments

  • Steve203: GM continues to narrow it’s focus to the most profitable models, in the most profitable models. GM...
  • Russycle: +1. The Solara’s looks have grown on me, and the 2.4/5-speed is a solid drivetrain that’s quick...
  • SCE to AUX: Under 100k miles, the turbo is covered under warranty.
  • ToddAtlasF1: How big is GM now? I take it that they’re far below VW, Toyota, and the Renault Alliance, but have...
  • cbrworm: I was that one lucky guy that got nearly 200K out of an ultradrive in an ’89 grand voyager – I...

New Car Research

Get a Free Dealer Quote

Staff

  • Contributors

  • Timothy Cain, Canada
  • Matthew Guy, Canada
  • Ronnie Schreiber, United States
  • Bozi Tatarevic, United States
  • Chris Tonn, United States
  • Corey Lewis, United States
  • Mark Baruth, United States