HomeEconomyRenault and Nissan are confident in the imminent conclusion of an agreement...

Renault and Nissan are confident in the imminent conclusion of an agreement on their alliance

The Jiji news agency had reported today that the final conclusion of the agreement between the two manufacturers could be postponed until April or even later, due to longer-than-expected discussions on intellectual property and electric vehicles.

Renault and Nissan are confident that a definitive agreement on the renewal of their alliance will be reached soon, the two automakers said in a statement on Friday, which until now were aiming for a signature by the end of March. “The two companies are currently working closely together for the signing of all the definitive agreements. They are confident that this signing will take place soon,” he says.

The Jiji news agency had reported today that the final conclusion of the new alliance agreement between Renault and Nissan could be postponed until April or even later, due to longer-than-expected discussions on intellectual property and electric vehicles in particular.

Nissan will invest up to 15% in Ampere

The two manufacturers, members of a company founded more than twenty years ago, presented at the beginning of February the general lines of a new alliance for the next fifteen years, based on a more balanced and free relationship but also on greater pooling in new areas . and in certain regions of the world. The agreement, which had been anticipated for some time in early December, was finally unveiled two months later after long weeks of negotiations. The two groups then indicated that the signing of the final documents should take place at the end of the first quarter.

As part of the alliance review, Nissan will also invest up to 15% in Ampère, the French group’s future power entity that must eventually go public. Mitsubishi, the third member of the alliance, is also considering investing there.

Author: TT with Reuters
Source: BFM TV

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