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2023-01-25 15:11:37

Nissan and Renault close in on overhaul of alliance

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Channel NewsAsia
By Cna

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TOKYO/PARIS : Nissan and Renault are closing in on a sweeping overhaul of their globe-spanning automaking alliance as top executives meet on Thursday for talks to reset the two-decade-old partnership and chart a course for an uncertain electric future.

Leaders of Nissan Motor Co Ltd and Renault SA are meeting via video link for an alliance board meeting, sources previously told Reuters. They opted for that format - rather than having Renault CEO Luca de Meo and Chairman Jean-Dominique Senard travel to Japan - because the talks have been progressing well, the sources said.

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