The Limited Times

Now you can see non-English news...

Nissan reaps the benefits of its restructuring

2022-05-12T16:12:35.945Z

Having become profitable again, the Japanese will soon say if it is taking shares in Renault's electrical division.



The meeting is set for next Tuesday in Yokohama, Japan.

The leaders of the Renault-Nissan-Mitsubishi Alliance will finally have the opportunity to talk eye to eye after two years of almost no physical contact due to the pandemic.

The subject of the meeting: will Nissan and Mitsubishi support Renault in its project to split its two activities (electric on one side, thermal on the other)?

More precisely, will the Japanese take shares in the electrical division of the diamond group?

To discover

  • Taxes 2022: all about your tax return

Thursday, Makoto Uchida, the general manager of Nissan, did not dispel the doubt on this point.

He said further discussions with Renault were needed to find out whether the diamond group's desire to isolate its electrics division would strengthen the Alliance.

Read also

The Renault-Nissan-Mitsubishi Motors Alliance will invest 23 billion euros in electrification over 5 years

During this meeting on Tuesday, Nissan will certainly put another angry question on the carpet: would Renault agree to rebalance the terms of the Alliance?

The French group has 43% of Nissan…

This article is for subscribers only.

You have 74% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All business articles on 2022-05-12

You may like

Business 2022-05-12T16:12:35.945Z
Tech/Game 2022-04-05T04:25:52.192Z
News/Politics 2022-04-07T11:32:56.359Z

Trends 24h

Business 2022-06-27T17:55:59.719Z

Latest

© Communities 2019 - Privacy