From Breakingviews - Rejigged Renault-Nissan alliance looks headless
have helped their 24-year alliance move forward after four years of stalemate. The deal marks the end of the French group’s domination of its Japanese partner, and addresses festering governance issues. But without a clear leader, decision-making may become fuzzier.
The reshuffle helped Renault convince the Japanese group partner to invest in the electric vehicle division it plans to spin off by the end of the year. For now, the two groups only say that Nissan will be “aiming to become a strategic shareholder” in the unit, to be called Ampere. But there are limits to the reset. Decision-making between two equal partners with separate management will be trickier without a strong joint chairman or chief executive. That may make it harder to resolve squabbles over future investments or technology sharing, for example. The months of negotiations required even to reach this small step forward do not suggest a smooth ride ahead.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Nissan, Renault reach agreement for Renault to lower stake to 15% -NikkeiNissan Motor Co and Renault SA have reached an agreement to lower the French automaker's stake in the Japanese carmarker to 15% from 43%, the Nikkei business daily reported on Monday.
Leer más »
Breakingviews - Breakingviews: Adani’s financing safety-net rests on Indian banksGautam Adani’s financing options are narrowing fast. Investors wiped $48 billion off the Indian tycoon’s listed companies in just two days last week; his flagship Adani Enterprises lost 19% of its value on Friday alone. While the nationally important ports-to-power-to-roads group should be able to manage its interest bill, the selloff blows apart Adani’s plans to tap global capital markets. That leaves it dependent on a safety net provided by Indian banks.
Leer más »
Renault-Nissan alliance reboot will kick off with five projects - AutoblogThe reorganized alliance allows partners to focus on diverse projects with fewer distractions 'in endless trans-national politics.'
Leer más »
Renault slashes Nissan stake as the automakers overhaul their decades-long allianceRenault has trimmed its interest in coalition ally Nissan stake as the automakers overhaul their decades-long union.
Leer más »
Nissan, Renault agree to sweeping overhaul of global allianceNissan Motor Co and Renault SA agreed on Monday to a sweeping restructure of their two-decade-old automaking alliance that will put them on equal footing and see the Japanese company invest in Renault's new electric vehicle business.
Leer más »
Nissan, Renault Reach Deal on Alliance Shake-UpNissan Motor and French partner Renault said they reached an agreement to reorganize their more than two-decade-old alliance.
Leer más »