Nissan and Renault will make an announcement on their restructured alliance and have finalized the deal, according to people familiar with the matter, capping 10 months of negotiations
will make an announcement in the coming days on their restructured alliance and have finalised the deal, three people familiar with the matter said, capping 10 months of sometimes tense negotiations.
That timeline was extended when senior Nissan executives and some directors challenged detailed provisions of deal, citing the need to better protect Nissan'sThe delay complicated Nissan's drive to put its decades-long relationship with Renault onto a more equal footing. Nissan executives sought to rebalance the alliance built by former Chairman Carlos Ghosn after his ouster sent the automaker into turmoil.
FILE PHOTO-The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Le Coteau, France, July 13, 2023. REUTERS/Gonzalo Fuentes/File Photo Discussions have focused on how to deal with future IP - including technology that may not yet exist, one of the people said. A Mitsubishi spokesperson said it was still considering investing in Ampere but that nothing had been decided.that Chief Executive Makoto Uchida carried out surveillance of his then-deputy, Ashwani Gupta, after Gupta voiced opposition to some terms of the new partnership with Renault, Reuters has reported.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ghosn: Nissan, Renault going for 'mini alliance' with 'reduced scope' - Autoblog'With the latest agreement, they're trying to go for a mini alliance with a very reduced scope of cooperation,' Ghosn told reporters in Tokyo.
Read more »
80,000 Nissan Leaf EVs Recalled over Risk of Unintended AccelerationThe problem affects 2018–2023 models in the U.S. and is part of a much larger global recall of several Nissan vehicles.
Read more »
Sources: Pac-12 will not announce new TV deal at media day this weekThe wait for a Pac-12 television deal continues.
Read more »