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Nissan may have severely damaged Chrysler's Future




Combining the two accounts, we can conclude that the French government asked to delay the vote to approve the merger for some reason. And that the delay request apparently was enough to convince FCA to call it ends on the deal.

But the report of USN instead claims that Nissan, a large Renault partner, was the reason the French government wanted to postpone the agreement. If you need a refreshment, Nissan and Renault are partners who each own large portions of each other. Nissan owns 15% of Renault, although the shares do not come with voting rights, while the French automaker owns 43.4% of Nissan with full voting rights. And while these figures look like Nissan didn't have much influence in the deal, the Japanese automaker had something that FCA desperately needs: advanced technology.



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