Nissan potential split from Renault
01-26-2020, 05:24 AM
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Nissan potential split from Renault
https://www.ft.com/content/8e09fb16-353a-11ea-a6d3-9a26f8c3cba4
https://www.bloomberg.com/news/videos/2020-01-13/nissan-executives-step-up-plans-for-possible-renault-split-ft-video
Sorry links not working. Google thread title to find it
Senior executives at Nissan have accelerated secret contingency planning for a potential split from Renault as the downfall of Carlos Ghosn continues to reverberate through the 20-year-old automotive alliance. The plans include war-gaming a total divide in engineering and manufacturing, as well as changes to Nissan’s board, according to several sources, and have been ramped up since Mr Ghosn’s dramatic escape from Japan in late December. The move to map out a potential split is the latest sign of tension in the alliance held together for nearly two decades by Mr Ghosn, former chief executive and chairman of both companies. Despite efforts to improve relations on both sides, the partnership with Renault — which produces 10m cars a year — had become toxic, said two of the people, with many senior Nissan executives now believing the French carmaker is a drag on its Japanese counterpart.
Whats the chances of this happening? Renault owns almost half of Nissan so unlikey
https://www.bloomberg.com/news/videos/2020-01-13/nissan-executives-step-up-plans-for-possible-renault-split-ft-video
Sorry links not working. Google thread title to find it
Senior executives at Nissan have accelerated secret contingency planning for a potential split from Renault as the downfall of Carlos Ghosn continues to reverberate through the 20-year-old automotive alliance. The plans include war-gaming a total divide in engineering and manufacturing, as well as changes to Nissan’s board, according to several sources, and have been ramped up since Mr Ghosn’s dramatic escape from Japan in late December. The move to map out a potential split is the latest sign of tension in the alliance held together for nearly two decades by Mr Ghosn, former chief executive and chairman of both companies. Despite efforts to improve relations on both sides, the partnership with Renault — which produces 10m cars a year — had become toxic, said two of the people, with many senior Nissan executives now believing the French carmaker is a drag on its Japanese counterpart.
Whats the chances of this happening? Renault owns almost half of Nissan so unlikey
Last edited by ENGINE2MAXIMA; 01-26-2020 at 06:18 AM.
