PARIS: Renault is confident that alliance partner Nissan's new board will work to reinforce their partnership as it struggles to turn the page on the Carlos Ghosn scandal, Renault Chairman Jean-Dominique Senard said on Thursday.
Speaking to the Anglo-American Press Association of Paris, Senard expressed confidence that Nissan directors would see alliance cooperation as essential in the face of challenges facing the auto industry."Necessity sometimes helps," he said. Alliance relations, already strained by Ghosn's arrest, were further tested by Senard's failed attempts first to secure a full Renault-Nissan merger and later to combine Renault with Fiat Chrysler , a move thwarted by the French state.Renault currently owns 43.4per cent of Nissan, whose 15per cent reciprocal stake in its French parent carries no voting rights.
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