Renault board backs plans to reshape alliance with Nissan – source

FILE PHOTO: The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv

LONDON (Reuters) – Renault’s board voted in favour on Sunday to reshape the French carmaker’s alliance with its Japanese partner Nissan, a source said.

The agreement, which will retool the two-decade-old alliance, still needs backing from Nissan’s board before it is formally unveiled on Monday in London.

(Reporting by Gilles Guillaume, editing by Leigh Thomas and Diane Craft)

Reuters

Related posts

Teen Driver’s Insurance Rates Spike Almost 200% in New Jersey

Asbury Ale House to Open New Restaurant in Howell Township, Here’s Where

NFL-backed Scientist Using AI to Discover Future Superstars