Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

Renault-Nissan announce plan to deepen cooperation to ensure group's survival

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS

Two youths charged with second degree murder | SaltWire #newsupdate #halifax #police #newstoday

Watch on YouTube: "Two youths charged with second degree murder | SaltWire #newsupdate #halifax #police #newstoday"

TOKYO (Reuters) - Renault SA, Nissan Motor Co and Mitsubishi Motors Corp on Wednesday announced details of a new strategy plan pledging to deepen cooperation in developing and producing cars to survive as an automaking group.

The three carmakers are reeling from the coronavirus pandemic which engulfed them just as they were trying to rework their partnership after the arrest in 2018 and subsequent ousting of its chairman and chief architect, Carlos Ghosn.

The reworked alliance will focus on more systematic divisions of labour, with one partner leading for a particular type of vehicle and geography while the others follow.

(Reporting by Naomi Tajitsu; editing by Jason Neely)

Share story:
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT