Nissan, Renault near rebalancing of alliance

I don't think that any foreign company should have anything to do with Nissan. An utter disgrace.

@Alan

The alliance with Renault saved Nissan butt from bankruptcy. It was Ghosn, who was later betrayed by Nissan.

If anything, Nissan doesn't deserver the help of any foreign company.

I don't think that any foreign company should have anything to do with Nissan. An utter disgrace.

The alliance with Renault saved Nissan butt from bankruptcy. It was Ghosn, who was later betrayed by Nissan.

If anything, Nissan doesn't deserver the help of any foreign company.

Agree 150%

Renault execs should have their heads examined for not pulling out of the alliance right after ghosn was arrested. This is a STUPID mistake rebalancing the alliance and Nissan will drag Renault down with it. Wait and see.

Unbelievable that the French caved.

I miss Ghosn. A hero of hero's.

In the end, if the cars are good people will buy them, but oh what a embarrassing saga these last few years have been for Nissan.

If it wasn't for the Ukraine War, France would have dragged this on for years instead of capitulating like this.

After this case, foreign investors will likely think twice about investing in Japan unless it's a complete takeover. Renault's mistake was not pursuing a complete takeover earlier.

I know Chinese clients in Osaka aggressively buying out all Japanese companies (very old) instead of entering into any partnership. Their methods are not orthodox but this is at least something that Renault could learn.

Nissan is dead to me.

""The Japanese giant""

GIANT!!? NOT any more, you can't be a giant when you were 15,000,000,000 USD in the red, then Mr. Ghosn comes along and puts you in the black 20,000,000,000 USD then you go after him for whatever reason.

Sorry Nissan, you have lost me as a customer, I hope no one buys your products, you are disgracful in throwing people under the bus.

Nissan is a pile of crap from any aspect.

Renault rescued Nissan from bankruptcy in 1999

Good for Nissan!

including a reduction of Renault's hefty 43.7 percent stake in Nissan

And here is the Japanese gratitude. They agreed to be rescued, but they want to eat the cake and have it. Every single action by Nissan has been aimed at having the cake they ate.

I will never buy Nissan. How can anyone trust them now?

Never Nissan for me.

And by the way, Renault is drowning with no success.

Stellantis to be the giant, with Tesla.

Any foreign company should think very carefully about forming an alliance with a Japanese company unless there is seismic change to the Japanese legal system.

Few weeks a go I happened to come across a Documentary on Netflix named "Fugitive: The curious of Carlos Ghosn" very interesting to watch and learn about his case.

What Ghosn did was illegal, but a lot of people would also contend they weren't particularly unusual in terms of Japanese executives. What was unusual was the way Ghosn was treated compared to senior Olympus executives. Which got a slap on the wrist and no jail time. Shocking considering size and scope of Olympus's misdeeds.

I think Ghosn saw the writing on the wall that this wasn't going to be a pay a fine, suspended sentence kind of deal.

https://en.wikipedia.org/wiki/Olympus_scandal