[ad_1]
The three partners explained that "unanimously and with conviction" their boards of directors have "reaffirmed" in recent days their "deep" commitment to the union.
The car groups Renault, Nissan and Mitsubishi have today reaffirmed their adherence to the alliance formed, at the uncertain moment of the arrest of its president Carlos Ghosn in Japan for alleged tax evasion.
In a statement, the three partners explained that "unanimously and with conviction" their boards of directors have "reaffirmed" in recent days their "deep" commitment to the union.
They also highlighted the unprecedented "success" of the alliance, with which they insisted that they are "fully engaged".
The statement was made one day when a meeting of the heads of the three companies in Amsterdam, where the joint venture is located, aims to discuss operational issues but not governance, according to sources cited by Efe Renault.
Since the arrest of Ghosn upon his arrival in Tokyo on the 19th, rumors have run about Nissan's alleged willingness to seize the opportunity to change the operating rules of the joint venture, in which the Japanese company believes that it is considered the economic weight it has.
Nissan and Renault created the alliance in 1999 and at that time, the French company supported the Japanese who were in serious difficulties. Ghosn, with an iron fist, made an adjustment of the Japanese manufacturer and designed the scheme of cooperation with the French firm.
The structure gives Renault – of which the French State retains 15% – 43% of the capital of Nissan, which holds for its part only 15% of the diamond group.
In 20 years, things have changed a lot and Nissan has grown a lot and represents a turnover of 92,000 million euros in 2017, against 58,000 for Renault.
The French Minister of Economy, Bruno Le Maire, pointed out in recent days that he did not want any change in the balance of the two partners.
And even pointed out that in the absence of Ghosn, Renault's chief executive, tentatively Frenchman Thierry Bolloré, should continue to be the president of the alliance.
The Elysee has announced that French President Emmanuel Macron intends to discuss this issue with Japanese Prime Minister Shinzo Abe at the G20 summit in Buenos Aires
Source link
