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Business deals

Fiat Chrysler chief: Renault merger 'embraces' Nissan and Mitsubishi

Elkann says tie-up has potential to build four-way global partnership

The three companies have had a strained alliance since the arrest last year of Carlos Ghosn, former chairman of the three companies. (Nikkei Montage/AP)

PARIS/TOKYO -- Fiat Chrysler Automobiles seeks to create a far-reaching global partnership that would tie it to not only Renault but also to the French automaker's Japanese partners, Nissan Motor and Mitsubishi Motors.

"I have huge respect for Nissan and Mitsubishi, and their products and businesses," said John Elkann, chairman of the Italian-American multinational carmaker, in a written statement to Nikkei. "Our proposed merger with Renault will create the potential to build a global partnership with all three of these great companies during this period of unprecedented transformation in our industry."

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