Renault, Nissan Say Rebalancing Deal on Track Despite Delays
- February framework was expected to be finalized by end March
- Final deal should be in place in coming weeks, de Meo says
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Renault SA and Nissan Motor Corp. are trying to reassure investors that they’re nearing a final agreement to rebalance their troubled two-decade alliance, as talks drag out longer than expected.
The companies are working together closely and expect to finalize the plans in the coming weeks, Renault Chief Executive Officer Luca de Meo said on the sidelines of an event in Paris late Monday.