Renault and Nissan strengthen alliance
The following board meetings at both Renault and Nissan on 10 and 11 December respectively, the two firms have issued the following statement via Carlos Ghosn, chairman and chief executive officer of the Renault-Nissan Alliance: “Today was an important day for the future of the Renault-Nissan Alliance. After months of discussions, I am happy to say that an agreement has been reached that builds on our heritage and strong foundations to achieve further sustainable growth and success of the two partners. While there were important short-term issues to address, it was imperative that all involved took a long view.”