PARIS – Renault SA is considering plans to restructure its alliance with Nissan Motor Co., including giving its Japanese partner more power to contain the growing influence of the French government, people familiar with the matter said.
Renault is proposing options, including cutting its stake in Nissan to trigger its voting rights, said the people, who asked not to be named because the talks are private. A resolution by the board, which met Tuesday, is not expected soon, as the government is not in favor of the move, the people said. Representatives for Renault, Nissan and the government declined comment.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.