Renault-Nissan should streamline decision-making, says Senard

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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 and Renault reaffirm alliance

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Though the talks about Nissan chairmanship were avoided Top executives from Nissan and Renault on Thursday reaffirmed the necessity of an alliance that has been pressured by removal of former Chairman Carlos Ghosn, but avoided discussing the potentially controversial issue of Nissan’s next chairman. The recently appointed chairman of France’s Renault SA, Jean-Dominique Senard, travelled […]

France denies report on Renault-Nissan stakes

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France’s finance ministry reject a report from Japanese news outlet Nikkei that the French government had told Tokyo it was open to consider reducing Renault’s stake in Nissan Motor. Contact by Reuters, an official stated the ministry “categorically denies” such report, which also noted the French government had raised the possibility of decreasing its stake […]

Renault-Nissan group sold most cars in 2018, but VW’s No.1 including trucks

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Volkswagen Group has hung on to its placement as the world’s top-selling car manufacturer for the fifth year in a row, although the German group was slipped by once again by the Renault-Nissan-Mitsubishi alliance in the light-duty automobiles sector. Renault SA, Nissan Motor and also Mitsubishi Motors together made 10.76 million passenger cars and light […]

Japan PM Shinzo Abe says Renault-Nissan’s future up to private shareholders

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Japanese Prime Minister Shinzo Abe informed French President Emmanuel Macron on Friday that the future of the Renault-Nissan alliance depends on private shareholders, a spokesman for the Japanese leader stated. “Prime Minister Abe said regarding the alliance, which is a symbol of Japanese-French industrial cooperation, it is important to preserve a stable relationship,” the spokesman […]

Renault-Nissan leaders to meet following Ghosn ouster

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Renault-Nissan executives will try this week to protect their joint operations from a looming power struggle between the automakers, after alliance boss Carlos Ghosn’s arrest in Japan over alleged financial misconduct. Top executives from both manufacturers and third partner Mitsubishi are going to attend mid-week operations committee meetings in Amsterdam that had been planned prior […]

France and Japan reaffirm their support for Renault-Nissan alliance

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French economy minister Bruno Le Maire and his Japanese counterpart Hiroshige Seko reaffirmed their support on Thursday for the Renault-Nissan alliance following ouster of Carlos Ghosn as the Japanese automaker’s chairman. After meeting in Paris, a joint statement showed “the strong support” and “their shared wish to maintain this winning cooperation”. Ghosn was the architect […]

France President Macron vows to maintain Renault-Nissan stability

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France will collaborate to maintain the stability of Renault and its alliance with Nissan, France President Emmanuel Macron stated on Monday, following the Japanese automaker action to oust Chairman Carlos Ghosn over alleged financial misconduct. “It’s too early to comment on the reality or materiality of the accusations, about which I have no further information,” […]

Renault-Nissan raises investment in France with new vans

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Renault stated it will build new Nissan and Mitsubishi vans at its local plants, boosting investment in the country as it looks for closer integration of the three-way automaking alliance with government support. The declaration, timed to coincide with a plant visit by President Emmanuel Macron, “underlines the importance of France for the alliance”, Renault-Nissan-Mitsubishi […]