Nissan Motor Co and Renault SA have agreed to a sweeping revamp of their two-decade-old automaking alliance that will put them on an equal footing and see the Japanese company invest in Renault's new electric business. COMMENTSJON WITHAAR, HEAD OF ASIA SPECIAL SITUATIONS, PICTET ASSET MANAGEMENT
FILE PHOTO: The Renault logo on the Renault Scenic Vision concept-car is seen at its exhibition space, at the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier
FILE PHOTO: A man walks in front of the Nissan logo at Nissan Gallery in Yokohama, Japan November 29, 2021. REUTERS/Androniki Christodoulou
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Nissan, Renault reach agreement for Renault to lower stake to 15% -NikkeiTOKYO : Nissan Motor Co and Renault SA have reached an agreement to lower the French automaker's stake in the Japanese carmarker to 15 per cent from 43 per cent, the Nikkei business daily reported on Monday.The two companies are set to release a statement later on Monday, the newspaper said. Nissan has al
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Nissan, Renault reach agreement for Renault to lower stake to 15% - NikkeiTOKYO : Nissan Motor Co and Renault SA have reached an agreement to lower the French automaker's stake in the Japanese carmarker to 15 per cent from 43 per cent, the Nikkei business daily reported on Monday.
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Nissan, Renault near deal on alliance restructure, to make statement -sourcesTOKYO :Nissan Motor Co and Renault SA are moving towards an agreement that involves sweeping changes to their two-decade-old automaking alliance and will release a statement on Monday, two people familiar with the matter said.The restructured alliance, which has been in the works for nearly four months, will
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Taiwan's Foxconn taps former Nissan and Nidec heavyweight Seki for EV businessTaiwan's Foxconn said on Monday it had hired former Nissan Motor Co and Nidec Corp Jun Seki as its chief strategy officer for electric vehicles, bringing in a high-profile auto executive to bolster its industry ambitions.Seki, once seen as a contender for the top job at Nissan, later went to motor maker N
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Turkey's Erdogan signals Finland's NATO bid may be considered over SwedenANKARA: Turkish President Tayyip Erdogan signalled on Sunday (Jan 29) that Ankara may agree to Finland joining NATO ahead of Sweden, amid growing tensions with Stockholm. 'We may deliver Finland a different message (on their NATO application) and Sweden would be shocked when they see our message. But Finla
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