Renault and Nissan announced large -scale changes inside the alliance

The “rebooting” of the partnership is aimed at strengthening the positions of Renault and Nissan in key markets. At the same time, companies will reduce the cross -owning of shares. This step will allow Nissan to sell up to a third of its share in Renault, which can bring to a car manufacturer who is inquired in investments, about $ 746 million.

The parties reduced the cross -owning threshold of shares from 15 percent to 10, while retaining strategic parity. Nissan, for its part, is exempted from investing in the Renault electrical unit, which is called Ampeere. Renault is redeeming 51 percent of the shares of the joint venture RNAIPL (Renault Nissan Automotive India PVT LTD) with Nissan, becoming its full owner.

Honda demanded a break between Nissan and Renault Nissan and Honda officially refused the merger Nissan admitted that he would not survive without investment from outside

Nissan remains in the Indian market: Rnaipl will continue to produce models of the Japanese brand, including Nissan Magnite. The plant in Chennai, whose design capacity is 400 thousand cars per year, will be the main platform for new budget models on the CMF-A+ and CMF-B platforms.

Finally, Nissan will release its analogue of Renault Twingo for the European market – its launch is scheduled for 2026.

“As a long -standing partner of the Alliance and its main shareholder, Renault Group is extremely interested in ensuring that Nissan improves its indicators as soon as possible,” summed up the Director General of the French company Luke de Meo.

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