Saturday June 6, 2020

Car clash: Renault and Nissan at loggerheads

Nissan chief Hiroto Saikawa said it was 'most regrettable' that Renault planned to stymie board reforms, after receiving a letter from the French company’s chairman, Jean-Dominique Senard

11th June, 2019
Nissan dubs Renault stance 'most regrettable'

Nissan chief executive Hiroto Saikawa said it was “most regrettable” that Renault planned to stymie board reforms, after receiving a letter from the French company’s chairman, Jean-Dominique Senard. Renault’s salvo contrasts with more reassuring remarks from French Finance Minister Bruno Le Maire.

The hostilities imperil what has proven one of the most successful auto-making alliances, a partnership the companies estimate lopped as much as €5.7 billion off their manufacturing,...

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