Advertisements

Renault board backs plans to reshape alliance with Nissan

Advertisements

[ad_1]

Advertisements

© Reuters. FILE PHOTO: The logos of car manufacturers Nissan and Renault are pictured at a dealership Kyiv, Ukraine June 25, 2020. REUTERS/Valentyn Ogirenko

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

[ad_2]

Source link

Advertisements