The Nissan-Renault Shakeup, Explained in Five Minutes | WSJ
Renault CEO Luca de Meo and Nissan CEO Makoto Uchida spoke to The Wall Street Journal about the reorganization of their alliance in a deal that gives both companies more autonomy. The alliance was plagued by rivalry and suspicion, rising when Carlos Ghosn was ousted as the companies' leader. WSJ’s Nick Kostov explains the factors behind the decision and what it means for auto makers and investors. Photo Composite: Adele Morgan News Explainers Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news. #Nissan #Renault #WSJ
About Renault
Renault S.A., commonly referred to as Groupe Renault (UK: REN-oh, US: rə-NAWLT, rə-NOH; French: [ɡʁup ʁəno], also known as the Renault Group in English), is a French multinational corporation and automobile manufacturer established in 1899. The company currently produces a range of cars and vans. It has manufactured trucks, tractors, tanks, buses/coaches, aircraft and aircraft engines, as well as autorail vehicles. Headquartered in Boulogne-Billancourt, near Paris, the Renault group is made u...
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