What is the relationship between Nissan and Renault?
1 Answers
French Renault holds 43.4% of Nissan's shares, making it Nissan's largest shareholder; while Nissan holds 15% of Renault's shares. Here is a detailed introduction to the relationship between Nissan and Renault: Renault-Nissan Alliance: Renault and Nissan formed an alliance, with Renault acquiring 36.8% of Nissan's shares, becoming the major shareholder and establishing the Renault-Nissan Alliance. Alliance Goals: The alliance aims to formulate and implement a development strategy for sustained profitable growth. Both parties in the alliance are to take leading positions in their respective specialized fields, thereby positioning themselves among the world's top three automotive manufacturing groups in terms of mastery of key technologies.