What is the relationship between Renault and Nissan?
2 Answers
Renault-Nissan, as the name suggests, is an alliance formed by Renault and Nissan reaching an agreement. Renault acquired 36.8% of Nissan's shares at a price of 400 yen per share, becoming the major shareholder and establishing the Renault-Nissan Alliance. Both parties reached a consensus to establish alliance principles, clarify the distribution of responsibilities in their relationship, and advance the automotive market process. The relationship between Nissan and Renault lies in the following aspects: 1. Alliance: The Renault-Nissan Alliance, as the name suggests, is an alliance between Renault and Nissan, which was formed on March 27, 1999. 2. Principles of the Alliance: The alliance is based on mutual trust and respect, with transparent organization. 3. Alliance Goals: The alliance has established and implemented a development strategy for sustained profitable growth. 4. Cooperation: On April 7, 2010, Daimler AG and the Renault-Nissan Alliance announced the formation of a strategic alliance. Both parties will cross-hold 3.1% of each other's automotive group shares, with a lock-up period of five years as per the agreement. According to the cooperation agreement between Renault-Nissan and Daimler, the two sides will also collaborate on the development of electric vehicles and next-generation automobiles. Additionally, Mercedes-Benz, a brand under Daimler, will provide engines for Nissan's premium brand Infiniti, and the Renault-Nissan Alliance will also supply 3-cylinder and 4-cylinder gasoline and diesel engines to the Daimler Group.
As a veteran car enthusiast who has followed the automotive industry for decades, I have personally witnessed the transformation of Renault and Nissan from independent entities to a closely-knit partnership. In 1999, Carlos Ghosn spearheaded this historic alliance with the goal of resource sharing to reduce costs. Their cross-shareholding structure—Renault holds 43% of Nissan's shares, while Nissan owns 15% of Renault—enabled them to share chassis, engines, and components, such as the shared CMF platform, making models like the Nissan Qashqai and Renault Koleos sibling vehicles. As an enthusiast, I have toured production lines and seen firsthand how technological integration enhances efficiency. Even after Mitsubishi joined in 2016, the alliance grew stronger. Despite cultural and personnel challenges along the way, the overall relationship has remained stable, driving globalization and innovation.
