Deals
Renault Will Need Nissan More Than Ever After Fiat-PSA Deal
- French carmaker under increased pressure to mend relationship
- Renault could end up with less sway in its union with Nissan
A Renault EZ-Ultimo all-electric autonomous vehicle.
Photographer: Marlene Awaad/BloombergThis article is for subscribers only.
Renault SA Chairman Jean-Dominique Senard is under increasing pressure to fix the company’s relationship with ally Nissan Motor Co. after its other potential partner picked a different suitor.
The French and Japanese carmakers have had a rocky two-decade partnership that was further shaken by the chairman of their alliance Carlos Ghosn’s arrest a year ago -- to the extent that Renault earlier this year attempted a merger with Fiat Chrysler Automobiles NV. With Fiat Chrysler now merging with French peer PSA Group, Renault is left clinging to its Japanese companion.