French finance minister Bruno Le Maire on Sunday said it was vital that Renault ...
FUKUOKA, Japan - French finance minister Bruno Le Maire on Sunday said it was vital that Renault and Nissan Motor strengthen their alliance as the auto industry undergoes rapid change in the areas of electric and connected vehicles.
“Looking at the past 20 years, we see that this quality of Renault has been reinforced by its partnership with Nissan,” he told reporters. That comment came just days after Fiat Chrysler withdrew its $35 billion merger offer for Renault blaming “political conditions in France.” “It’s a long-term horizon. I think for now, it’s wise to stick to the short and medium term,” he said, reiterating the importance of beefing up the alliance.
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