Renault seeks reboot of Nissan alliance after ousting CEO

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Renault seeks reboot of Nissan alliance after ousting CEO
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Renault's board voted on Friday to oust chief executive Thierry Bollore, as...

) seek a fresh start following the scandal-hit tenure of former alliance supremo Carlos Ghosn.

But Bollore had had an uneasy relationship with Nissan, according to sources familiar with the matter, and Renault and the French state, its key shareholder, have repeatedly emphasized their wish to repair ties and reinforce the alliance. Tensions between Nissan and Renault were further inflamed this year, including during various spats over governance reforms, and after a failed deal to pair Renault up with Fiat Chrysler , which withdrew a merger offer.

FILE PHOTO: Thierry Bollore, Chief Executive Officer of Renault, reacts after French carmaker Renault's 2018 annual results presentation at their headquarters in Boulogne-Billancourt, near Paris, France, February 14, 2019. REUTERS/Gonzalo Fuentes/File Photo

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