Ƶ

Renault, Nissan must maintain stable alliance: Japan’s trade minister

Renault, Nissan must maintain stable alliance: Japan’s trade minister
Carlos Ghosn was the chief architect of the Renault-Nissan alliance, until his fall from grace last year on accusations of financial misconduct. (AFP)
Updated 25 January 2019

Renault, Nissan must maintain stable alliance: Japan’s trade minister

Renault, Nissan must maintain stable alliance: Japan’s trade minister
  • ‘As I have been saying up till now, we think a stable Nissan-Renault alliance must continue. We hope the executives of the two companies can engage in fruitful discussions.’

DAVOS: Japanese trade minister Hiroshige Seko on Friday urged Nissan and Renault to maintain a stable alliance and expressed hope that executives from the automakers would take part in productive talks.
The Renault-Nissan alliance has been shaken by the arrest of the automakers’ former chairman Carlos Ghosn on suspicion of financial misconduct. Ghosn, the architect of the alliance, resigned as Renault CEO and chairman this week.
“As I have been saying up till now, we think a stable Nissan-Renault alliance must continue. We hope the executives of the two companies can engage in fruitful discussions,” Seko told reporters on the sidelines of the World Economic Forum in Davos.
Asked whether he met French Finance Minister Bruno Le Maire in Davos, he said they had met at a session but only exchanged greetings and did not hold any talks on the automakers’ alliance.