The alliance will put profitability before volume, a strategy that helped turn around PSA Group, Renault's French rival
may create a kinder, more united society. That is certainly the effect on the Renault-Nissan-Mitsubishi alliance. It has been vying for the title of the world’s biggest carmaker while teetering on the brink of dissolution. The fear that covid-19 will damage some car firms beyond repair led the union to announce on May 27th that, like a couple about to divorce rekindling lost romance under lockdown, they would give it another go.
The new plan both speeds up and slams the brakes on Mr Ghosn’s ambitions. The ex-boss’s merger plans are dead, says Jean-Dominique Senard, chairman of both the alliance and Renault. So is his attempt at world domination. The alliance will put profitability before volume, a strategy that helped turn aroundGroup, Renault’s French rival.
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.
Commercial Shoots Start To Pick Up As Restrictions On Film & TV Productions Begin To LiftThe commercial industry never stopped once the coronavirus pandemic hit and TV and film production shut down. As people hunkered down under stay-at-home orders amid skyrocketing numbers of infectio…
Read more »
Here's How to Recreate The Exact Makeup Lady Gaga and Ariana Grande Wore in the 'Rain on Me' Music VideoHere's the Exact Makeup Lady Gaga and Ariana Grande Wore in the RainonMe Music Video
Read more »
Here's How to Recreate The Exact Makeup Lady Gaga and Ariana Grande Wore in the 'Rain on Me' Music VideoHere's the Exact Makeup Lady Gaga and Ariana Grande Wore in the RainonMe Music Video
Read more »
Los Angeles County Given Approval to Reopen RestaurantsThough the majority of other California counties have already seen restaurants reopen, the Los Angeles area has been moving at a slower pace since the county has accounted for about half of all COVID-19 cases and deaths in the state.
Read more »
Cop Who Spent 7 Minutes Crushing George Floyd's Neck Charged With MurderCop Who Spent 7 Minutes Crushing George Floyd’s Neck Charged With Murder
Read more »