Hitt og þetta 9. febrúar 2006

DJ Renault CEO: Merger Of Renault, Nissan Is Ruled Out

PARIS (Dow Jones)--Renault 13190.FR) Chief Executive Carlos Ghosn Thursday said an outright merger of the French car maker with its Japanese partner Nissan Motor Co. (NSANY) has been ruled out.

Renault currently owns 44% of Nissan and Ghosn is the head of both companies.

There has been occasional press speculation that the companies might move towards a full merger.