Nissan’s New CEO to Take Closer Look at Ties With Renault
- Makoto Uchida says pact with Renault is ‘critical’ for company
- Says will look into how partnership can bring more benefits
Makoto Uchida
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Nissan Motor Co.’s new chief executive officer said he is looking at what works and what doesn’t in the alliance with Renault SA and Mitsubishi Motors Corp., stressing that the partnership needs to benefit all parties.
Makoto Uchida, appointed after a year of turmoil following the arrest of Carlos Ghosn, said in his first media conference on Monday that changes are needed in the pact to benefit the companies’ sales and earnings. He said discussions about changes in capital ties haven’t taken place.