Renault, Nissan chief engineers to meet, revive R&D projects: sources

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Renault, Nissan chief engineers to meet, revive R&D projects: sources
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Renault's engineering boss will meet his counterpart at Nissan in ...

) in Japan this week, two sources close to Renault said, as the carmakers seek to revive projects crucial to an alliance left reeling by the Carlos Ghosn affair.

Analysts say that in order to turn investor sentiment around, the firms need to make good on cost-saving joint engineering projects that have slowed since Ghosn’s departure. Japanese prosecutors arrested Ghosn — who was at the time the head of the carmakers’ alliance — in November 2018 and accused him of financial misconduct.

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