Instant View: Nissan, Renault agree to overhaul alliance, putting themselves on equal footing

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

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.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

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 Two subpar manufacturer's gonna make one big subpar manufacturer🙂
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

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
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Emotional Djokovic hails biggest victory of his life, ties Nadal’s 22 SlamsMELBOURNE – An emotional Novak Djokovic called it “the biggest victory in my life” after sweeping past Stefanos Tsitsipas to win a 10th Australian Open title and equal Rafael Nadal’s 22 Grand Slam crowns on Sunday. The Serb, 35, will return to world No. 1 as he...
Source: thenewpaper - 🏆 7. / 63 Read more »