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Nissan, Renault in talks to merge as one company

Nissan and Renault have been tied together as an alliance for nearly 20 years, but now the Japanese and French automakers are discussing whether to merge. Bloomberg, citing unidentified sources familiar with the confidential talks, reports that the idea is to form a larger, single publicly traded company to better compete against giants like Toyota and Volkswagen. It would also mark the end of the alliance that first began in 1999 and also includes Mitsubishi, in which Nissan acquired a controlling interest in 2016. A full merger would help the companies pool resources to develop electric vehicles, autonomous vehicles and car-sharing services. It would involve Nissan giving Renault shareholders stock in the new company, with Nissan shareholders also gaining shares in the new company, Bloomberg reports. The new company would be run by Carlos Ghosn, the current chairman of both companies. But any such merger, as you might expect, would be complicated, in part by geopolitics. The French government owns a 15-percent stake in Renault, and both the French and Japanese governments might be reluctant to let go of their respective home-grown brands. Currently, Renault owns a 43-percent stake in Nissan, while Nissan owns 15 percent of its French partner. Reuters reported recently that Ghosn proposed buying most of the French government's stake in Renault as part of plans for a closer tie-up. The Renault-Nissan-Mitsubishi alliance already has been working to establish a $200 million mobility tech fund to invest in startups, a reflection of how seismic changes in the auto industry have left many legacy companies scrambling to stay current. Nissan in 2016 paid a reported $2.3 billion to acquire 34 percent of Mitsubishi in order to share platforms, technology, manufacturing and other resources. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Image Credit: Patrick T. Fallon/Bloomberg Earnings/Financials Government/Legal Green Mitsubishi Nissan Renault car sharing merger

Semi-autonomous Nissan Leaf certified for road use in Japan [w/video]

In order to meet its goal of having an autonomous car in production by 2020, Nissan is going to have be able to test its technology in real-world driving conditions. For this, the automaker has just received a license plate to legally test its semi-autonomous driver assist systems in Japan, marking the first time such technologies have been tested on that country's roads. Not ironically, the license plate number is 2020.
Though not fully autonomous, this Leaf prototype will test various components of a self-driving car including exiting the highway, the ability to stay in its lane and change lanes when needed, stopping at red lights and overtaking stopped or slow traffic. Nissan is also in the process of building a proving ground in Oppama, Japan dedicated solely to autonomous cars, but the ability to test on public roads will obviously play a crucial role in the development of these cars. Scroll down for a short video and press release Nissan posted to mark the occasion.

Sporty cars from the '80s get retro reviews from MotorWeek

The more things change, the more they stay the same. That's the feeling we're left with after watching the retro-review video above, in which MotorWeek – television's original automotive magazine, as if you didn't already know – takes a look at the 1984 Honda Prelude. A sporty coupe from Japan that lacks the outright performance and thrust of comparable American and European competitors, but makes any perceived slight up with unarguably supreme driving dynamics? That sounds sort of familiar, doesn't it? As always, we love taking a look back at the early days of MotorWeek (the more things change, they more they stay the same, remember?). And it doesn't end there. Far from it, in fact. Not only did MotorWeek bestow upon us the Prelude, Maryland's favorite public television show also unleashed retro reviews of (deep breath) the '82 Fiat X1/9, '84 Olds Cutlass, '88 Lotus Esprit Turbo, '84 Nissan 200SX Turbo, '88 Subaru XT6, '88 Toyota Celica All Trac, '84 Ford EXP Turbo, '89 Suzuki Swift GTi and '89 Mazda 323 GTX. Watch them all, up above and down below. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Honda Nissan Toyota Automotive History Coupe Classics Videos retro review honda prelude oldsmobile cutlass