Nissan to Consider Plan to End Renault Control of Alliance
- Nissan discusses changes to structure of Renault alliance
- France's move to boost Renault influence sparks new approach
Ghosn: Nissan-Renault Alliance Needs to Be Strengthened
Nissan Motor Co. is considering plans to restructure its alliance with Renault SA, including ending the French manufacturer’s voting rights, people familiar with the situation said.
A paper circulated to Renault board members by Nissan Chief Competitive Officer Hiroto Saikawa laid out a scenario that could grant the Japanese company voting rights in Renault, reversing the French carmaker’s one-sided control of the partnership, said the people, who asked not to be identified because the discussions are private. The document is part of a broader process to restructure the 16-year-old alliance, and no decisions are anticipated immediately, the people said. Saikawa is also a member of Renault’s board.