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Auto giants Renault and Nissan overhaul their decades-long alliance

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Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that will see Renault transfer 28.4% of Nissan shares into a French trust, the companies said.

The carmakers first signed their coalition in March 1999.

This is a breaking news story and will be updated shortly.


Automobile giants Renault and Nissan on Monday agreed to restructure their decades-long alliance, in a move that will see Renault transfer 28.4% of Nissan shares into a French trust, the companies said.

The carmakers first signed their coalition in March 1999.

This is a breaking news story and will be updated shortly.

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