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Japan: Nissan and Renault reaffirm alliance

 |  February 14, 2019

Top executives from Nissan and Renault on Thursday reaffirmed the importance of an alliance that has been pressured by the ousting of former Chairman Carlos Ghosn, but avoided discussing the potentially contentious issue of Nissan’s next chairman.

The newly appointed chairman of France’s Renault SA, Jean-Dominique Senard, arrived in Japan on Thursday for two days of meetings with Nissan.

“Our goal within the alliance has not changed, which means we want to make it irreversible”, he said, echoing comments made a year ago by Mr Ghosn. However, the Renault boss said that it was “too early” to give specifics about any structural changes to the alliance.

Before his arrest, Mr Ghosn had been pushing for a merger between the two. This was resisted by Nissan because of fears it would give Renault too much control, the Financial Times reported last year.

Full Content: Financial Times

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