https://s4.reutersmedia.net/resources/r/?m=02&d=20200527&t=2&i=1520014811&r=LYNXMPEG4Q0J9&w=1280 — FILE PHOTO: Renault Chairman Jean-Dominique Senard attends a Renault, Nissan and Mitsubishi chiefs' joint news conference in Yokohama, Japan, March 12, 2019. REUTERS/Kim Kyung-Hoon

Renault's Senard says it does not need to merge with Nissan

27 May 2020, 08:20

PARIS (Reuters) - Renault (RENA.PA) Chairman Jean-Dominique Senard said on Wednesday that there was no need for a merger with its partners Nissan (7201.T) and Mitsubishi (7211.T).

“We do not need a merger to be efficient,” Senard said at a news conference. “I bet very well that in a few years time, given what we are doing now, this alliance is going to be the most powerful combination of companies in the world,” he said.