Nissan CEO, Ghosn Eyed 4-Way Alliance: Report

Economy

New York, April 1 (Jiji Press)--Nissan Motor Co. <7201> President and Chief Executive Officer Hiroto Saikawa discussed with then Chairman Carlos Ghosn last year the possibility of bringing in a new partner for its automotive alliance with Renault SA and Mitsubishi Motors Corp. <7211>, according to a recent U.S. media report.

Between Saikawa and Ghosn, there was an idea of acquiring a Chinese company, Bloomberg reported on Sunday.

The move reportedly came as Ghosn was under pressure from the French government to make the three-way alliance "irreversible."

In an email sent to Ghosn last September, Saikawa proposed expanding the alliance by adding a new partner, following Ghosn's instruction to consider an option that would be acceptable to both Nissan and Renault sides, according to the report.

In November, Ghosn was arrested on charges of financial misconduct. After remaining in detention for 108 days, he was freed on bail early March.

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Jiji Press