updated 12/11/2006 9:47:59 PM ET 2006-12-12T02:47:59

Nissan Motor Co. chief executive Carlos Ghosn said Tuesday his company is under no pressure to merge with a new partner, but will do so if an appropriate opportunity arose.

His comments come following scuttled merger talks between Nissan, Renault and U.S-based General motors — a merger that would have produced a world automotive juggernaut spanning America, Europe and Asia.

"We're not at the level of the biggest, but we can compete fairly well," Ghosn said of Nissan's current status. "I don't think that adding a third partner is a necessity when you already have a scale like this."

Ghosn held open a possibility of a merger but said it would depend on possible progress.

"It's more a question of opportunity," he said.

Copyright 2006 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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