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The former director of the Renault-Nissan Alliance, Arnaud Deboeuf, is leaving Renault to pursue a more brilliant pursuit of his French rival PSA. It's no secret that relations between Nissan and Renault have become extremely tense. However, the departure of Deboeuf sheds new light on the way in which personal problems affect all activities. He has indeed accused Thierry Bolloré, CEO of Renault, to have left the alliance.
"Thierry Bolloré said that nobody wanted to work with me … and that I could not go and work at Nissan," Deboeuf explained in a final letter to his colleagues.
The note, seen by Reuters, seems to confirm rumors that Deboeuf has found himself at odds with Bolloré following the arrest in 2018 of former President Carlos Ghosn for charges of financial foul. In his absence, Deboeuf became the highest leader of the alliance. According to some information, Bolloré wanted it, because many departments of the alliance were closed. Unfortunately, Deboeuf made it clear that it was not possible to turn to Nissan, although the Japanese manufacturer offered him a management position with the company earlier this year.
He will always have a job, however. PSA confirmed his role as Director of Industrial Strategy Director General Carlos Tavares earlier this week. Tavares served as Renault's chief operating officer until 2013. According to rumors, he would have had a minor quarrel with Ghosn – who always seems to be at the center of everything – after suggesting that he would like to run a builder automobile.
BotoLoré and Hiroto Saikawa, CEO of Nissan, are both former protégés of Ghosn. In his absence, both companies were worried. Leadership is said to be on the verge of a complete breakdown of communications. Renault hopes to consolidate the alliance by a full merger with Nissan, a decision backed by Renault President Jean-Dominique Senard, but it did not work well in Japan. Saikawa and his company want more autonomy, not less.
Of Reuters:
Since the collapse of the FCA negotiations in June, Nissan has asked Renault to reduce its [percent] in the Japanese automaker as the price of its support for a closer FCA.
Renault refuses to consider reducing its stake below a 33 [percent] blocking minority, and no agreement is yet in sight, according to two people who closely follow the negotiations between Renault and Nissan on the future of the alliance.
One option being discussed is a smaller immediate issue reduction and an agreed mechanism to allow for greater reduction in the future, if key milestones are achieved, said one of the sources Reuters.
[Image: Gilles Lougassi/Shutterstock]
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