Renault’s Response to Honda-Nissan Merger. Renault took a cautious approach towards the proposed merger announcing it is considering all options at the moment. In a statement, t

The Renault Group holds almost 36% of Nissan, but its role in the merger remains unclear. The French group said it’s considering “all options” as talks between the Japanese brands intensify. Former Nissan and Renault boss Carlos Ghosn suggests Renault might sell its shares to Honda.

French automaker Renault , Nissan Motor's largest shareholder, is open in principle to the Japanese automaker pursuing merger talks with peer Honda Motor , two people familiar with the matter said.