The Renault-Nissan auto alliance has scratched itself from the list of potential buyers of DaimlerChrysler's Chrysler division, despite exploring a North American partnership last year.
Tokyo-based Nissan, 44 percent owned by Renault SA of France, is always open new alliances but in no rush to do so now because it is focusing on its own financial woes, spokeswoman Madoka Soma said Wednesday.
Carlos Ghosn, head of both automakers, entered unsuccessful partnership talks with Detroit-based General Motors Corp. last year and has send a North American ally would be a good balance for the company. But after Nissan reported a 22 percent slump in earnings in the October-December quarter, priorities have changed.
Read Article