Renault-Nissan should streamline decision-making, says Senard

Renault-Nissan logo

Renault and Nissan should streamline decision-making in the automaking alliance and increasing the companies’ cross-shareholding are not present in their plans, Renault’s chairman stated in comments published on Sunday. Japan’s Nissan Motor and France’s Renault, along with junior ally Mitsubishi Motors, agreed last week that they would retool the alliance to place themselves on a […]

Nissan governance panel observes no need to overhaul alliance agreement

Nissan Murano Z51

The external committee tasked with enhancing governance at Nissan Motor believes the company can deepen ties with Renault SA without overhauling the broader alliance agreed almost two decades ago, a person knowledgeable with the matter stated. At the committee’s latest meeting held recently, members were at a “near consensus” to suggest stronger roles for outside […]

Nissan, Renault break up chairmanship in wake of Ghosn’s ouster

Renault-Nissan logo

Japan’s Nissan Motor and France’s Renault stated they would retool the world’s top automaking alliance to put themselves on more equal footing, breaking up the all-powerful chairmanship earlier wielded by ousted boss Carlos Ghosn. The ouster of Ghosn, credited for rescuing Nissan from near-bankruptcy in 1999, had resulted in much uncertainty about the future of […]

Renault in talks with Nissan and Mitsubishi over new alliance body

Renault-Nissan-Mitsubishi Renault Nissan Mitsubishi

French automaker Renault stated on Monday that it was in talks with its partners Nissan and Mitsubishi in relation to a new alliance body for the three companies. “In response to latest press reports, Renault confirms that it is in discussions with its Alliance partners Nissan Motor and Mitsubishi Motor regarding the establishment of a […]

Nissan’s electric car has become the first to break 400,000 in sales

New Nissan Leaf EV Japan 2017

About 408,000 plug-in vehicle units were sold throughout Europe in 2018 Japanese auto giant Nissan states its compact hatchback named Leaf has become the first electric car to surpass 400,000 figure in sales. In an announcement Thursday, the automaker stated the landmark figure had established that the Leaf’s “leading role in the global shift toward […]

Prosecutor says Ghosn’s bail conditions are insufficient

Carlos Ghosn Renault-Nissan

A Tokyo prosecutor stated Friday he find the bail conditions imposed on Carlos Ghosn, the former boss of Nissan Motor and Renault, would be insufficient to avoid tampering of evidence. Shin Kukimoto, deputy public prosecutor at the Tokyo District Public Prosecutors Office, was discussing with reporters on Thursday, a day after Ghosn was released on […]

Japanese court grants bail for Carlos Ghosn, prosecutors appeal

Carlos Ghosn Renault-Nissan

A Japanese court granted bail to former Nissan Motor Chairman Carlos Ghosn on Tuesday. Prosecutors swiftly appealed the decision upon hearing the news about the bail, delaying an immediate release of Ghosn after more than three months in jail. Judges at the Tokyo District Court accepted defense lawyers’ assurances that the former chairman would submit […]