(MENAFN– Asia Times) A new version of the nissan-renault alliance , expected to be announced as early as this week, almost certainly will be billed as a new beginning. In reality, it’s a serious breakup between two badly damaged partners who remain married only in name. A former insider, pointing out that Renault’s stake will… Continue reading Bombshell Memos: Nissan Coup Plotters Sought Renault Divorce – MENAFN.COM
Tag: Mitsubishi
Japanese investors in Indonesia shift gears to focus on digital businesses
Japanese investors in Indonesia, who have traditionally targeted the Southeast Asian nation’s manufacturing, construction, and engineering industries, are now slowly shifting gears and focusing on new-age businesses. Given Indonesia’s young, tech-savvy population, investors like the Mitsubishi Group and Sumitomo Mitsui have started betting on digital companies, particularly fintechs. Go to Source
Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Renault and Nissan automobile logos are pictured during the Brussels Motor Show on January 9, 2020 in Brussels. (Photo by KENZO TRIBOUILLARD/AFP via Getty Images) Kenzo Tribouillard | Afp | Getty Images Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that would see Renault’s shareholdings in Nissan… Continue reading Renault slashes Nissan stake as the automakers overhaul their decades-long alliance
Nissan, Renault to make cross-shareholdings equal
Tokyo — Nissan and Renault have agreed to equalize the stakes they hold in each other, both sides said Monday, ironing out a source of conflict in the Japan-French auto alliance. Up to now, Renault Group has held a 43.4% stake in Nissan Motor Co., potentially giving it a larger say in how the Japanese… Continue reading Nissan, Renault to make cross-shareholdings equal
RENAULT GROUP: Statement
PRESS RELEASEJanuary 30, 2023 Statement Boulogne, January 30, 2023. After several months of constructive discussions with Nissan Motor Co., Ltd, Renault Group today announced that, subject to the approval of its board of directors, it has reached an important milestone in its discussions on defining new foundations for their partnership. The ambition is to strengthen… Continue reading RENAULT GROUP: Statement
RENAULT GROUP: Communiqué
COMMUNIQUE DE PRESSE 30 janvier 2023 Communiqué Boulogne-Billancourt, 30 janvier 2023. Après plusieurs mois de discussions constructives avec Nissan Motor Co. Ltd, Renault Group annonce aujourd’hui que, sous réserve de l’approbation de son Conseil d’administration, il a franchi une étape majeure dans ses discussions sur la définition des nouvelles bases de leur partenariat. L’ambition est… Continue reading RENAULT GROUP: Communiqué
@Renault: RENAULT GROUP: Statement000463
PRESS RELEASEJanuary 30, 2023 Statement Boulogne, January 30, 2023. After several months of constructive discussions with Nissan Motor Co., Ltd, Renault Group today announced that, subject to the approval of its board of directors, it has reached an important milestone in its discussions on defining new foundations for their partnership. The ambition is to strengthen… Continue reading @Renault: RENAULT GROUP: Statement000463
@Renault: RENAULT GROUP: Communiqué000462
COMMUNIQUE DE PRESSE30 janvier 2023 Communiqué Boulogne-Billancourt, 30 janvier 2023. Après plusieurs mois de discussions constructives avec Nissan Motor Co. Ltd, Renault Group annonce aujourd’hui que, sous réserve de l’approbation de son Conseil d’administration, il a franchi une étape majeure dans ses discussions sur la définition des nouvelles bases de leur partenariat. L’ambition est de… Continue reading @Renault: RENAULT GROUP: Communiqué000462
German Manager Magazin: Auto Allianz: Renault cuts back stake in Nissan 002282
After months of negotiations, Nissan and Renault agreed on a cross-shareholding in each case of the same amount of 15 percent. As part of the deal, Renault will reduce its stake in Nissan from around 43 percent to 15 percent and transfer its 28 percent stake in the Japanese automaker to a French trustee, Renault… Continue reading German Manager Magazin: Auto Allianz: Renault cuts back stake in Nissan 002282
Untitled
PARIS/TOKYO, Jan 30 (Reuters) – French carmaker Renault (RENA.PA) and its Japanese partner Nissan (7201.T) on Monday agreed to a sweeping reset of their two-decade alliance that will put them on equal footing. The partnership, which has grown to include junior member Mitsubishi Motors (7211.T), was founded in 1999 and long dominated by former Renault… Continue reading Untitled