Non! Renault-Nissan Wants Nothing To Do With Chrysler

February 21, 2007 · Posted in Uncategorized 

Merger picture.JPG

With rumors run wild over the prospect of DaimlerChrysler selling off the group's Chrysler division (back to "Daimler-Benz" for Stuttgart), the press went knocking to Carlos Ghosn's Renault-Nissan Group to inquire if they have any interest in buying the .5 of Detroit's "Big 2.5".

From Paris, it was a resounding "non!" From Tokyo, "いいえ!" (the same).

According to Renault's CFO, though Renault and Nissan are seeking a North American partnership (Read: Ford?), neither company had the desire to acquire any stake in the Chrysler Group.

Poor Chrysler. How fickle the automotive market (and Daimler) has become.

We @ 4DriversOnly still love you.

[Wall Street Journal via Reuters]


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