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    HomeBusiness & InvestmentsEconomicsRenault, Nissan share “real desire” to make alliance work

    Renault, Nissan share “real desire” to make alliance work

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    Renault Chairman Jean-Dominique Senard said there was a “real desire” at the helm of the carmaker’s alliance with Nissan to make it a success, dismissing suggestions the two decade partnership might be on the rocks.

    The Franco-Japanese alliance, long dogged by internal rivalries, was thrown into turmoil by the November 2018 arrest in Tokyo of its architect and long-time boss Carlos Ghosn on charges of financial crimes, which he denies.

    Attempts to restore calm have recently been thwarted by Ghosn’s dramatic flight from Japanese justice and a series of no-holds-barred allegations he has made from his refuge in Lebanon, including that he was the victim of a plot to oust him and that the alliance is now a “masquerade”.

    Nissan has vigorously denied any suggestion of a plot, while both the Japanese firm and Renault have rubbished suggestions their 20-year-old partnership is falling apart.

    “We have a board overseeing the alliance which is made up of people who are all extremely in favor of the alliance,” Senard told a briefing with reporters, defending the changes he has made since joining Renault after Ghosn’s arrest.

    “There is a common desire to associate our strategic plans and a real desire to make this alliance a success,” he added, describing reports that Nissan was working on scenarios for a possible future outside of the alliance as “fake news.”

    Via Reuters

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