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Renault touts 'warm' Nissan ties as pair review alliance

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Nissan currently owns 15 percent of Renault, but Renault owns 43 percent of Nissan -- a power imbalance that has long bothered the Japanese company.

Renault power imbalance has been considered seed of problem, that later emerge in ousting Ghosn. Ghosn keep saying that discontent start to happened after French enacted law that double it's voting right in Nissan. We can see now when Ghosn is not there anymore, Renault really having difficulty in managing this alliance.

https://www.reuters.com/article/us-renault-nissan/new-nissan-bid-to-end-renault-control-and-curb-french-clout-sources-idUSKBN0TL19T20151202

-8 ( +2 / -10 )

Renault saves Nissan from going bankrupt, and Nissan aren’t happy. Well if you didn’t get into this mess, and spent time blaming son for rip-off your ills I’d feel sympathetic. Renault is not a charity. No stop complaining and build those electric cars, that you once had a lead in.

-5 ( +5 / -10 )

Renault saves Nissan from going bankrupt, and Nissan aren’t happy. Well if you didn’t get into this mess, and stopped spending time blaming foreigners for your ills, I’d feel sympathetic. Renault is not a charity. Now stop complaining and build those electric cars, that you once had a lead in and are giving away.

-1 ( +6 / -7 )

Don’t get involved with China, if your not happy with Renault your probably gonna be even unhappier with China as you end up transferring your knowledge and tech to China. Bad move! You could build anywhere…..

4 ( +5 / -1 )

More like Luke Warm at best for the media.

0 ( +0 / -0 )

Sorry Renault but times have changed. Nissan is now the stronger of the two. Either you play ball or you are history.

-3 ( +2 / -5 )

I guess it is time for the French to meet their new Japanese boss.

-4 ( +1 / -5 )

I guess it is time for the French to meet their new Japanese boss."

Is he a 70+ year old who doesnt speak any other languages & doesnt know how to use a computer? Cool, Nissan will be looking for another western saviour before long, then.

-8 ( +6 / -14 )

both brands are dead.

sales of Renault in Japan are hitting historical bottom end.dont need to mention huge loss after leaving Russian market.

Nissan dont need further comment...

-5 ( +1 / -6 )

Sorry Renault but times have changed. Nissan is now the stronger of the two. Either you play ball or you are history.

HA! Nissan will be bankrupt soon! And good riddance!

Is he a 70+ year old who doesnt speak any other languages & doesnt know how to use a computer? Cool, Nissan will be looking for another western saviour before long, then.

LOL! EXACTLY! Just like every other Japanese CEO and politician!

-10 ( +5 / -15 )

Confidence and trust have never been as high

That maybe the official word within the ranks of the marketing and brand image savvy executives, but after the way Ghosn and Kelly were treated I wouldn’t touch Nissan with a ten foot pole. One of the biggest PR disasters in the history of the corporate world, one that won’t be forgotten. Darkness revealed.

-2 ( +3 / -5 )

Renault will take all EV patents and sell all its stakes, then they partner up with Chinese or Indian. Meanwhile, Nissan and Mitsubishi Motors will revel in their ultranationalist victory and slide into bankrupt irrelevance. Both of them will end up like Japan Display. This is what Renault has in mind.

Japan is a funny country where feudalism has been mutated with capitalism to allow the same families to rule the island for centuries as oppressive feudal lords rule the country of temporary workers and full-time serfs. These families are instead crashing down the country than allowing any successful foreigners to take away these feudal lords' pieces of influence in Japan.

-11 ( +4 / -15 )

They'll both be dust, ike other Japanese businesses before them that thought China was trustworthy.

They should shout the exec at TDK a round of beer and ask them what happened to TDK in China. TDK was a pioneer in EV battery. It got squeezed hard by the CCP in China, because TDK stood in the way of China's made in 2025 strategy, ie to dominate EV battery. Eventually a business with all the right advantages of being a first mover, best tech etc. had to be firesaled to a Chinese with links to the Chinese Academy of Science (read PLA, CCP). That business is now called CATL.

BTW, compare TDK with Panasonic (who didn't trust the Chinese), it's clear who the winner is, despite both having picked the best battery chemistry (NCM).

3 ( +4 / -1 )

Wouldn’t trust the Nissan side at all anymore if I was them. They showed their colors and business ideals to the world

they can’t just dissolve the relationship anymore though so I wonder if both sides are eyeing each other suspiciously

-3 ( +2 / -5 )

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