renault touts 'warm' nissan ties as pair review alliance

Renault’s Jean-Dominique Senard said the ‘warm atmosphere’ within the alliance ‘bodes well’ for its future. (Photo: AFP)

TOKYO: There is a “warm atmosphere” within the Renault-Nissan alliance and a deal regarding its future will be announced “in due time”, the French carmaker's chairman said Tuesday.

The auto giants are in talks over a potentially drastic reshaping of their sometimes rocky 23-year union.

Nissan currently owns 15% of Renault, but Renault owns 43% of Nissan — a power imbalance that has long bothered the Japanese company.

While the discussions are behind closed doors, a source close to the matter told AFP that they involve a rebalancing of the cross-shareholding arrangement, and a possible Nissan investment in Renault’s new electric vehicle (EV) venture.

But concerns over issues such as the sharing of EV intellectual property have delayed an announcement, according to the source.

On Tuesday, Renault chair and alliance boss Jean-Dominique Senard sought to reassure reporters in Tokyo that the “warm atmosphere” within the alliance “bodes well” for its future.

“Confidence and trust have never been as high” between the pair and their smaller partner Mitsubishi Motors since he took charge of the three-way alliance almost four years ago, Senard said.

Any deal on a new shareholding agreement will be unveiled “in due time”, he added after giving a speech at an international financial forum.

Renault and Nissan joined forces in 1999, when the French company rescued the Japanese carmaker from bankruptcy.

Relations between the pair have not always been smooth, however, and were thrown into further disarray by the shock 2018 arrest of tycoon alliance boss Carlos Ghosn.

This month, Renault announced it will split its operations in two — a new electric vehicle business called Ampere and a separate subsidiary for petrol, diesel and hybrid cars that will pair up with China’s Geely.

Renault has yet to outline the part that Nissan will play in the new electric division, but its joint venture with Geely is reportedly raising questions in Japan about future technology transfers to the Chinese carmaker.

Keyword: Renault touts 'warm' Nissan ties as pair review alliance

CAR'S NEWS RELATED

Taking A Nismo GT-R LM Homage To The Hills

Welcome to Part 2 in my series ‘Super Cool-Looking Race Cars That Weren’t Actually Any Good At Being Race Cars’. Okay, so the title needs a little work, but following on from Part 1 – where I featured a Sard MC8 – the homologation model for the Sard MC8-R – Part 2 is equally as paradoxical. Suza-san ...

View more: Taking A Nismo GT-R LM Homage To The Hills

The Nissan Max-Out Concept Is an Electric Future We Can Get Behind

The futuristic EV convertible is headlining the 'Nissan Futures' sustainability event at its headquarters this month.

View more: The Nissan Max-Out Concept Is an Electric Future We Can Get Behind

EU project designs life-cycle assessment concept for zero-emission transport

The EU-funded TranSensus LCA project aims to develop the basis for a harmonised life cycle assessment approach for electric vehicles across Europe. According to the organizers, such a uniform LCA approach is a key element for achieving the goals of the Green Deal. The project is coordinated by the ...

View more: EU project designs life-cycle assessment concept for zero-emission transport

Renault introduces new Megane E-Tech trim in the UK

Renault UK has announced an update for the all-electric Megane E-Tech with the introduction of the new top-of-the-range ‘Iconic’ trim.  It features a new heat pump, among other upgrades, and prices start at £41,995. The new Iconic trim features the extensive specification of the limited version Launch Edition, but ...

View more: Renault introduces new Megane E-Tech trim in the UK

4 Reasons Edmunds Likes the 2023 Nissan Altima

Reason #1: Available all-wheel drive (AWD) system Reason #2: Easy-to-drive nature Reason #3: Impressive collection of driver assist systems Reason #4: Favorable fuel economy estimates Is the 2023 Nissan Altima reliable? In the packed midsize sedan segment, the Nissan Altima has struggled to compete with traditional heavy hitters. It’s ...

View more: 4 Reasons Edmunds Likes the 2023 Nissan Altima

The Nissan Max-Out Concept Is Perfectly Strange

Nissan leans into futurism with this all-electric concept convertible.

View more: The Nissan Max-Out Concept Is Perfectly Strange

Nissan shows off its Max-Out electric convertible concept

Nissan max-out concept electric vehicle. Image: Nissan Nissan’s “Tron-like” Max-Out convertible has progressed from a digital 3D render into a real-life concept car on show at the company’s Nissan Futures event in Yokohama, Japan. Together with the “Chill-Out” crossover, the “Hang-Out” SUV and the “Surf-Out” pickup truck, the “Max-Out” ...

View more: Nissan shows off its Max-Out electric convertible concept

Is there an issue with the Nissan Leaf battery overheating during highway driving?

2022 Nissan Leaf. Supplied Hi Bryce I’d be most grateful if you could point me toward any commentary you or others have written around the question of EVs at highway driving speeds with elevated outside temperatures. My wife and I recently took our 40 kWh ZE1Nissan Leaf to Sydney ...

View more: Is there an issue with the Nissan Leaf battery overheating during highway driving?

Modified Nissan Ariya EV embarks on polar expedition

Nissan Ariya to tackle North to South Pole expedition

Nissan Says EV With Solid-State Batteries Is On Track For 2028 Release

Pole to Pole expedition team unveil adventure-ready Nissan Ariya

Nissan unveils specially prepared Ariya for pole-to-pole expedition

Nissan limits supply of all-electric Ariya in the U.S.

Renault F1 Racing Pioneer Jean-Pierre Jabouille Dies at 80

Nissan Max-Out convertible electric car makes physical debut

Nissan unveils all-electric Max-Out convertible to showcase the future of sports cars

Renault launches BS6 2.0-compliant Kiger, Triber, and Kwid

Nissan Max-Out Concept To Be Unveiled At Its Futures Event

Renault Introduces Updated Kwid, Triber And Kiger That Comply With More Stringer BS6 Emission Norms

OTHER CAR NEWS

; Kênh kiến thức kỹ năng, phát triển bản thân, hướng nghiệp, blog nhân sự