Tokyo - Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it said on Wednesday in a lukewarm endorsement of the proposed $35 billion (R511bn) tie-up, which would complicate an already uneasy alliance.
The leaders of Nissan, Renault and junior partner Mitsubishi Motors gathered at Nissan's headquarters in Yokohama for a scheduled alliance meeting which was overshadowed by FCA's proposal this week for a 'merger-of-equals' with Renault.
Renault Chairman Jean-Dominique Senard arrived in Japan on Tuesday to discuss with Nissan the FCA-led proposal to create the world's third-largest carmaker. The plan raises difficult questions about how Nissan, which is 43.4% owned by the French carmaker, would fit into a radically changed alliance.
"Overall, we don't see any particularly negative aspect" to the planned merger, which was for Renault and FCA to decide, Nissan Chief Executive Hiroto Saikawa told reporters on Wednesday.
The alliance members confirmed in a statement that they had "an open and transparent discussion" on the proposed deal, which looks designed to tackle the costs and technological and regulatory changes, including a shift to electric vehicles.