Nissan looking to split from Alliance partner Renault

Daniel Fowler
January 14, 2020

Ghosn has filed a complaint with a French employment tribunal in Boulogne-Billancourt outside Paris, where Renault is headquartered, a source close to Ghosn told AFP, confirming a report in Le Figaro daily.

Nissan, in response to "speculative global media reports", said it was "in no way considering dissolving the alliance".

Shares in Renault recovered some lost ground on Tuesday after the French carmaker and its Japanese partner Nissan rejected media reports that their alliance was in danger of being dissolved.

The Financial Times on Monday reported that senior Nissan executives have been secretly planning for a possible divorce from Renault, which would entail dividing domains like engineering and manufacturing and changing Nissan's board members. However, people within Nissan claim that his efforts to present unification have badly misread the general mood of workers.

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Concerns emerged about the future of the Renault-Nissan partnership after the November 2018 arrest in Japan of Ghosn, the man who did more than anyone else to hold together the disparate alliance of often-contrasting carmaking cultures. The FT added that ousted Nissan Chairman Carlos Ghosn's stunning escape from Japan at the end of previous year increased the urgency of the planning.

In a news conference in Lebanon, he claimed the alliance was now on the rocks and directionless.

"The Renault-Nissan alliance is not dead! I am not sure it comes from a place of goodwill", Senard said. Nissan's decision to split would mark the end of almost two decades of co-operation.

It seems that the ongoing Carlos Ghosn saga has greatly affected not only Nissan but Renault as well.

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