Is the deal between Nissan and Renault closer?

Is the deal between Nissan and Renault closer?


The two houses will make coupons for the union. After several changes, Renault and Nissan should soon announce how the partnership will be reformed.

The soap opera continues between Renault and its Japanese partner Nissan, who have been looking for a new interpretation for several months to make good use of their old partnership, which also needs service to get rid of the current problems.

WAR BURNT LOZENGE

The French house, which holds 43.7% of the Japanese capital, is more affected than most other brands and c.The results of the war in Russia (in 1922 it registered less than 1.5 million units, losing 9.4%; even if on the other hand it rose by 12% in sales of hybrid and electric cars) and is now looking for a more modern and less demanding formula.

As reported by ReutersThe new contract, which for several months was on the verge of being broken (the deal was expected before the end of last year, in fact), you see, as Start a Journal He was ready expectedthat Renault reduce its stake in Nissan to 15%, to equalize the ownership of the two automakers.

Immediately after last summer, the CEO of Renault Luca de Meo traveled to Japan several times to meet his Nissan colleague Makoto Uchida. It’s no secret that Renault would like Nissan to invest in the French electric arm, now more than ever it’s looking for financing. For their part, the Japanese would like Renault to sell most of their shares to gain more equity.

WHERE THE AGREEMENT BETWEEN NISSAN AND RENAULT HAS BEEN FIGHTED

Also according to Reuters, the talks have long stalled over technology related to electric vehicles, hybrids and self-driving cars that Nissan believes are critical to its future competitiveness, said those involved in the discussions. Renault would present several proposals to meet the Japanese board of directors which were approved on Monday.

The potential deal will be revisited at a January 26 union board meeting in Japan, which de Meo and the Renault chairman are likely to attend. Jean-Dominique Senard, report on news sources. The text will then arrive at the boards of the two automakers at yet-to-be-scheduled meetings. With the green light, the official announcement could come after de Meo leaves for the first time as the new president ofAssociation of European Automobile Manufacturers (Acea) in Brussels on January 31, the source added.

The calendar may differ, but both companies would prefer to make an official announcement before the release of annual results, expected on February 9 for Nissan and February 16 for Renault which in turn closed 2022 with a decrease of 9.4%, with 1,466,729 units. sold worldwide, where 832,605 in Europe and 634,124 in other international markets. 12% growth in new green engines, to 228,000 vehicles. The E-Tech range (electric and hybrid) represents 39% of Renault car sales in Europe.

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