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Renault in talks over new alliance body with Nissan and Mitsubishi

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Staff Writer | Monday March 11, 2019 5:32AM ET
Renault
Europe   These discussions have not yet led to a definitive agreement

Renault confirms that it is in discussions with its Alliance partners Nissan Motor and Mitsubishi Motor regarding the establishment of a new Alliance body in order to enhance and ensure further collaboration.


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The proposed arrangement will have no impact on the existence of the RAMA and the cross-shareholding structure, which will both remain in place.

These discussions have not yet led to a definitive agreement.

Any agreement shall be submitted for prior approval to the Board of Directors of Renault.

 

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