Nissan says not considering dissolving alliance with Renault

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The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims
FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of dealerships of the companies in Reims, France, July 9, 2019. REUTERS/Christian Hartmann

January 14, 2020

TOKYO (Reuters) – Nissan Motor <7201.T> said on Tuesday it was “in no way” considering dissolving its alliance with France’s Renault SA <RENA.PA> and Mitsubishi Motors Corp <7211.T> and that the alliance was the source of Nissan’s competitiveness.

“Through the alliance, to achieve sustainable and profitable growth, Nissan will look to continue delivering win-win results for all member companies,” the Japanese automaker said in a statement.

(Reporting by Chris Gallagher; Editing by Shri Navaratnam)

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