Nissan and Renault uninterested in Chrysler purchase (Renault-Nissan will Chrysler nicht kaufen)
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[February 22, 2007]

Nissan and Renault uninterested in Chrysler purchase (Renault-Nissan will Chrysler nicht kaufen)

(Die Welt Via Thomson Dialog NewsEdge) Renault, the French automotive group, and the Japanese automotive company Nissan, which are linked by a cross-participation, are interested in a co-operation partner in the US, but not in Chrysler, the US arm of German-US group DaimlerChrysler, according to a press source. The management of DaimlerChrysler has indicated that all options are open for the loss-making US business, including a sale.



The Italian Fiat group and the South Korean group Hyundai had already reported that they were not interested in acquiring Chrysler. Some analysts had regarded Renault-Nissan as a potential co-operation partner or buyer for the US manufacturer.

Abstracted from Die Welt



Copyright 2007 Abstracted by The Financial Times Ltd. All rights reserved.

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