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Nissan and Renault in talks to merge and form a new company, say reports www.independent.co.uk

posted by  banzaitokyo | 3 weeks, 3 days ago in Auto & Transportation

The two firms formed an alliance in 1999, and describe it as a “buffer to protect its partners during regional downturns”.

However, the groups are now in discussions about a possible merger that would create a single new company, trading as one stock, according to Bloomberg.