Hyperdrive
Renault Chief to Meet Nissan in Japan as Woes Cloud Alliance
- French carmaker weighs possible split, IPO amid Russia retreat
- Nissan execs are concerned about Renault’s Russia situation
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Renault SA’s top executives are planning their first in-person meetings since the pandemic with their counterparts at Nissan Motor Co. in Japan next month as the French carmaker’s weak financial position and possible breakup threaten to further strain their alliance.
Among topics for discussion will be emerging plans for a possible separate listing of Renault’s electric-vehicle unit and potential new partner for the legacy operations, according to people familiar with the matter. Discussions on Renault’s costly retreat from Russia will also feature prominently, said the people, who asked not to be identified because the talks are private.